About this raise
KMX Technologies, with a valuation of $40.1 million, is raising funds on NetCapital. The company has developed a proprietary technology that provides next-generation water treatment while keeping the critical minerals and lithium secured. The next-generation water treatment technology of KMX Technologies works on a low-cost lease and license business model and enhances lithium recovery rates for all processes. Zachary Sadow and Bina Khan founded KMX Technologies in February 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,999,999. The campaign proceeds will be used for salaries, lab and office rent, insurance, storage, marketing, trials and demonstration, and other expenses.
Investment Overview
Invested : $1,069,999
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 10/14/2021
- Close Date
- 08/05/2022
$10,001
$1,070,000
$100
Equity - Common
Pre-Seed
RegCF
$1.49
$40,086,294
Company & Team
Company
- Year Founded
- 2020
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.