NDB

NDB

Closed: Jun. 2023

About this raise

NDB, with a valuation of $210.5 million, is raising funds on PicMii. The company has created the Nano Diamond Battery that produces power by harnessing the radiation released during radioactive decay. The aim of the business is to create and implement secure and cost-effective nuclear energy systems. NDB’s battery can be added to any battery-powered electric device and ensures that the devices do not need to be charged as NDB keeps making electricity for as long as the device works. Nima Golsharifi founded NDB in February 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for research and development, equipment and facilities, marketing, and working capital.

Expand

Investment Overview

Invested this round: $381,912

Deal Terms

Total Commitments

Platform
PicMii
Start Date
02/27/2023
Close Date
06/08/2023
Min. Goal
$10,000
Max Goal
$5,000,000
Min. Investment

$625

Security Type

Equity - Preferred

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.25

Pre-Money Valuation

$210,464,125

Company & Team

Company

Year Founded
2019
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
San Francisco, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Nima Golsharifi
Title
CEO

Financials

 Revenue
$0
as of FY2021
 Monthly Burn
$51,589
as of FY2021
 Runway
0.1 months
as of FY2021

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-619,065

$-420,414

Summary Balance Sheet

FY 2021 FY 2020

Cash

$4,441

$646,391

Accounts Receivable

$25,179

$0

Total Assets

$328,077

$655,391

Short-Term Debt

$49,580

$13,873

Long-Term Debt

$0

$0

Total Liabilities

$49,580

$13,873

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,456,293
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/08/2023 PicMii $210,464,125 $381,912 Equity - Preferred Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
NDB on PicMii 2023
Platform: PicMii
Security Type: Equity - Preferred
Valuation: $210,464,125
Price per Share: $6.25

Follow company

Follow NDB on PicMii 2023

Buy NDB's Deal Report

Warning: according to the close date for this deal, NDB may no longer be accepting investments.

NDB Deal Report

Get Kingscrowd's comprehensive report on NDB including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether NDB is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the NDB deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge