Decentralized Clean Fusion Energy Generators

Overview

Raised to Date: Raised: $117,299

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/08/2023

Close Date

01/28/2024

Min. Goal
$100,000
Max. Goal
$4,000,000
Min. Investment

$200

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$200.00

Pre-Money Valuation

$67,920,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

06/09/2023

Days Remaining

233

% of Min. Goal

117%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,666

# of Investors

151

Momentum
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Year Founded

2003

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

LAWRENCEVILLE PLASMA PHYSICS, INC., New Jersey

Business Type

Growth

LPPFusion, with a valuation of $67.92 million, is raising funds on Wefunder. The company is developing the densest form of fusion energy which is recreating the power of the Sun on the Earth. The fusion being developed by LPPFusion is focused, safe, clean, and cheap. LPPFusion has reported the highest fusion energy output per unit energy input compared to any private fusion experiment and aims to replace fossil fuels with cheap and zero-pollution fusion energy. Eric J. Lerner and Rudolph Fritsch founded LPPFusion in 2003. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4 million. The campaign proceeds will be used for personnel, new equipment, operating expenses, initiating engineering development, setting up second laboratory outside the US, and reserves.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$9,669

$128,501

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-597,354

$-702,312

Summary Balance Sheet

FY 2022 FY 2021

Cash

$88,713

$254,143

Accounts Receivable

$0

$0

Total Assets

$435,792

$651,669

Short-Term Debt

$49,081

$11,989

Long-Term Debt

$0

$0

Total Liabilities

$49,081

$11,989

Financials as of: 05/08/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
LPPFusion 01/28/2024 Wefunder $67,920,000 $117,299 Equity - Common Active RegCF
LPPFusion 12/09/2022 Wefunder $68,753,200 $311,759 Equity - Common Funded RegCF
LPPFusion 08/15/2021 Wefunder $49,000,000 $615,750 Equity - Common Funded RegCF
LPPFusion 02/29/2020 Wefunder $49,000,000 $575,750 Equity - Common Funded RegCF
LPPFusion 04/30/2018 Wefunder $37,525,500 $996,250 Equity - Common Funded RegCF
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Company Updates

Moonshot companies are a tough sell for investors. These kinds of startups typically need large amounts of funding to show results, but investors usually want to see early results before they take the risk of investing.

For LPPFusion, the risks and returns are higher than most moonshot investment opportunities. So it’s even more difficult for the company to raise the funds it needs to get initial results.

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LPPFusion on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $67,920,000
Price per Share: $200.00

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