About this raise: LiquidPiston, an internal combustion engine manufacturer, is raising funds on StartEngine through Reg A+ crowdfunding. The company develops advanced rotary internal combustion engines based on its patented thermodynamic cycle and rotary engine architecture. The technology makes the engines more powerful, efficient, compact, and scalable. LiquidPiston was founded by Alexander Shkolnik and Nikolay Shkolnik in 2019 and has raised $3.17 million in previous rounds of financing. The current round of funding will be used for full-fledged development rounds with partners. LiquidPiston has over $9 million in contracts with the Department of Defense and has successfully completed four industrial partner pilot studies signed in 2019.
Investment Overview
Invested : $16,712,642
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 07/20/2020
- Close Date
- 06/25/2021
$765
$24,400,000
$10
Equity - Common
Series A
RegA+
$45.00
$56,800,000
Company & Team
Company
- Year Founded
- 2008
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Analyst Report 
Update
KingsCrowd’s assessment of LiquidPiston has not changed since we last rated it a Deal to Watch. Please see the previous Analyst Report to learn more about why LiquidPiston is a promising investment opportunity.
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/10/2024 | DealMaker Securities | $222,800,000 | $4,967,046 | Equity - Common | Funded | RegCF |
| 10/25/2023 | DealMaker Securities | $184,000,000 | $28,030,000 | Equity - Common | Funded | RegA+ |
| 06/25/2021 | StartEngine | $56,800,000 | $16,712,642 | Equity - Common | Funded | RegA+ |
| 03/31/2020 | StartEngine | $51,633,010 | $1,043,462 | Equity - Common | Funded | RegCF |
| 03/16/2019 | Wefunder | $30,000,000 | $1,070,000 | Convertible Note | Funded | RegCF |
| 04/07/2017 | Wefunder | $25,000,000 | $1,000,000 | Convertible Note | Funded | RegCF |
Growth Charts
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.