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.

Analytics

Raised to Date: Raised: $1,069,999

Aggregate Commitments $

Platform

Netcapital

Start Date

10/14/2021

Close Date

08/05/2022

Min. Goal

$10,001

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1.49

Pre-Money Valuation

$40,086,294

Rolling Commitments $

Status
Funded
Reporting Date

08/17/2022

Days Remaining
Funded
% of Min. Goal

10,699%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$3,627

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Wilmington, Delaware

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

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: 10/14/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
KMX Technologies on NetCapital 2021
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $40,086,294

Follow company

Follow KMX Technologies on NetCapital 2021
View on Netcapital (Closed)
Bullish / Bearish
You're Bullish on KMX Technologies on NetCapital 2021

Thank you for your vote on KMX Technologies on NetCapital 2021

Bullish / Bearish
You're Bearish on KMX Technologies on NetCapital 2021

Thank you for your vote on KMX Technologies on NetCapital 2021