necoTECH
About this raise
necoTECH, with a valuation of $25 million, is raising funds on Wefunder. The company creates sustainable infrastructure using recycled waste materials. The products of necoTECH include RMV Crack Sealing Robot (live in the market), Recycled Polymer Modified Asphalt (in late R&D phase), Hot-Patch-On-Demand (in final R&D stages), and NecoCrete (in mid R&D phase). necoTECH products are proven in military applications and have been awarded six Air Force contracts. Steve Flaherty founded necoTECH in September 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for further R&D of technologies, hiring and operations, marketing, and other expenses.
Investment Overview
Invested $270,425 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/02/2022 | Wefunder | $25,000,000 | $270,425 | SAFE | Funded | RegCF |