Laminar Scientific

Laminar Scientific

Early Stage

Change Comes in Waves. Breakthrough Wave-Energy Tech for Coastal Communities.

Change Comes in Waves. Breakthrough Wave-Energy Tech for Coastal Communities.

Overview

Raised this Round: Raised: $154,669

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/20/2022

Close Date

10/25/2022

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

0%

Year Founded

2021

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Iowa City, Iowa

Business Type

Growth

Laminar Scientific, with a valuation of $6 million, is raising funds on Wefunder. It is a revolutionary wave energy company that aims to innovate energy tech for coastal communities. The go-to-market wave energy product of Laminar Scientific is a nearshore microgram solution that will help to reduce energy costs due to unique infrastructure complexities. Laminar Scientific is drafting an MOU with an Asian developer, has discussions underway with Floridian and African developers, and has a collaboration LOI with a solar energy startup. Narayan Iyer founded Laminar Scientific in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for patent protections, prototype manufacturing, engineering team expansions, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-38,734

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$171,766

$0

Accounts Receivable

$0

$0

Total Assets

$175,766

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/20/2022
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Laminar Scientific on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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