NDB
Growth Stage
Nuclear energy systems
Overview
Raised: $381,912
Total Commitments ($USD)
Platform
PicMii
Start Date
02/26/2023
Close Date
06/08/2023
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment
$625
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$6.25
Pre-Money Valuation
$210,464,125
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,781
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
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.
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 |
Financials as of: 02/26/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.