Margik
Early Stage
Organic materials for the new generation of sustainable consumer electronics
Overview
Raised: $58,571
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/09/2023
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$6,380,000
Valuation Cap
$8,500,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,929
# of Investors
47
Momentum
Funded
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Year Founded
2022
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Margik, with a valuation of $8.5 million, is raising funds on Wefunder. The company is developing the future of organic lighting technology with its organic materials to be used for the next generation of sustainable consumer electronics. Margik makes low-cost, high-volume organic LED solutions using earth-abundant materials and can be used in a variety of industries, including solar, packaging, labeling, robotics, drug discovery, and emergency signs. Margaret Kocherga founded Margik in May 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for manufacturing upgrades, licensing fees, inventory, product engineering, product stock-up, and customer acquisition.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/09/2023
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