LPPFusion

LPPFusion, with a valuation of $84.43 million, is raising funds on StartEngine. The company is developing the densest form of fusion energy, which recreates the power of the sun on Earth. LPPFusion’s technology is focused, safe, clean, and cheap, and has reported the highest fusion energy output per unit energy input and highest plasma purity compared to any private fusion experiment. The technology has several patents issued and aims to replace fossil fuels with cheap and zero-pollution fusion energy. Eric J. Lerner and Rudolph Fritsch founded LPPFusion in May 2003. The current crowdfunding campaign has a minimum and maximum target of $124,000. The campaign proceeds will be used for research and development, marketing, company employment, and working capital.

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Investment Overview

Raised this Round: Raised: $27,453

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/22/2024
Close Date
01/29/2025
Min. Goal
$124,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$25.00

Pre-Money Valuation

$84,427,750

Company & Team

Company

Year Founded
2003
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Location
LAWRENCEVILLE PLASMA PHYSICS, INC., New Jersey
Company Website
Visit Website

Team

Employees
3

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$44,760
 Runway
0.3 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$742

$1,060

 

 

Net Income

$-537,119

$-598,414

Summary Balance Sheet

FY 2023 FY 2022

Cash

$14,864

$88,713

Accounts Receivable

$0

$0

Total Assets

$411,739

$435,792

Short-Term Debt

$75,038

$49,081

Long-Term Debt

$133,432

$0

Total Liabilities

$208,470

$49,081

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/29/2025 StartEngine $84,427,750 $27,453 Equity - Common Active RegCF
09/15/2024 Wefunder $74,300,000 $550,578 Equity - Common Funded RegCF / RegD 506(c)
12/15/2023 Wefunder $67,920,000 $477,859 Equity - Common Funded RegCF
12/09/2022 Wefunder $68,753,200 $311,759 Equity - Common Funded RegCF
08/15/2021 Wefunder $49,000,000 $615,750 Equity - Common Funded RegCF
02/29/2020 Wefunder $49,000,000 $575,750 Equity - Common Funded RegCF
04/30/2018 Wefunder $37,525,500 $996,250 Equity - Common Funded RegCF
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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.

Employee History

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LPPFusion on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $84,427,750
Price per Share: $25.00

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Follow LPPFusion on StartEngine 2024

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