KMX Technologies

KMX Technologies

Early Stage

Through our proprietary technology, KMX has changed how critical minerals and lithium are secured, and provides next generation water treatment opportunities.

Through our proprietary technology, KMX has changed how critical minerals and lithium are secured, and provides next generation water treatment opportunities.

Overview

Raised this Round: Raised: $1,069,999

Total Commitments ($USD)

Platform

Netcapital

Start Date

10/13/2021

Close Date

08/05/2022

Min. Goal
$10,001
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.49

Pre-Money Valuation

$40,086,294

Year Founded

2020

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Wilmington, Delaware

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-121,199

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$233,507

$0

Accounts Receivable

$0

$0

Total Assets

$594,604

$0

Short-Term Debt

$117,306

$0

Long-Term Debt

$0

$0

Total Liabilities

$117,306

$0

Financials as of: 10/13/2021
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
KMX Technologies 03/30/2023 Netcapital $60,145,534 $73,624 Equity - Common Funded RegCF
KMX Technologies 08/04/2022 Netcapital $40,086,294 $1,069,999 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

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.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
KMX Technologies on NetCapital 2021
Platform: Netcapital
Security Type: Equity - Common
Valuation: $40,086,294
Price per Share: $1.49

Follow company

Follow KMX Technologies on NetCapital 2021

Buy KMX Technologies's Deal Report

Warning: according to the close date for this deal, KMX Technologies may no longer be accepting investments.

KMX Technologies Deal Report

Get KingsCrowd’s comprehensive report on KMX Technologies including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether KMX Technologies is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the KMX Technologies deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge