Lightsense Technology

Early Stage

Patented technology that uses light to detect illicit drugs for law enforcement, pathogens for food safety and medical applications, and disease

Analytics

Raised to Date:
$213,168 - RegCF
$1,156,680 - Total

Aggregate Commitments $

Platform

SeedInvest

Start Date

10/29/2021

Close Date

01/29/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegCF / RegD 506(c)

Series

Seed

Pre-Money Valuation

$12,002,080

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

55

% of Min. Goal

853%

% of Max. Goal

20%

Likelihood of Max
unlikely
Avg. Daily Raise

$5,761

Momentum
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Location

Tucson, Arizona

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

Growth

Lightsense Technology, with a valuation of $12 million, is raising funds on SeedInvest. The company has developed a patented technology that uses light to detect illicit drugs, pathogens, and diseases. The spectrometer solutions of Lightsense Technology are based on enhanced photodetection spectroscopy and allow handheld instruments to detect pathogens and drugs in minutes. Lightsense Technology has signed an MOU with a leading technology and engineering company and has many others in discussion. Terje Skotheim founded Lightsense Technology in August 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for research and development, inventory, sales and marketing, patent filings, CAPEX, and general and admin expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$25,949

$0

COGS

$2,040

$0

Tax

$0

$0

 

 

Net Income

$-69,896

$-199,495

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$24,969

$71,367

Accounts Receivable

$16,549

$0

Total Assets

$50,850

$71,367

Short-Term Debt

$517,279

$125,034

Long-Term Debt

$0

$344,832

Total Liabilities

$517,279

$469,866

Financials as of: 10/29/2021
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Lightsense Technology on SeedInvest 2021
$
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $12,002,080

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