NexQloud Technologies

NexQloud Technologies

Closed: Apr. 2025

About this raise

NexQloud Technologies is raising funds on Issuance Express. It is a cloud computing company that helps businesses save costs and keep themselves secure. NexQloud Technologies uses advanced blockchain, AI, and encryption technologies to offer an eco-friendly cloud alternative that empowers universal participation. The technology is focused on a greener future with its eco-conscious cloud solutions and has significant traction with 107 providers on the waiting list to contribute their CPU resources. Mauro Terrinoni and Raju Vegesna founded NexQloud Technologies in January 2024. 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 marketing, research and development, equipment purchases, future wages, and general working capital.

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Investment Overview

Invested this round: $2,325,306

Deal Terms

Total Commitments

Platform
Issuance Express
Start Date
06/17/2024
Close Date
04/30/2025
Min. Goal
$10,000
Max Goal
$5,000,000
Min. Investment

$500

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

0%

Company & Team

Company

Year Founded
2024
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Palo Alto, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Mauro Terrinoni
Title
CEO
Founder Name
Raju Vegesna
Title
CTO

Financials

 Revenue
$0
 Cash on Hand
$0

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Issuance Express - $2,325,306 SAFE Funded RegCF
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Add to portfolio
NexQloud Technologies on Issuance Express 2024
Platform: Issuance Express
Security Type: SAFE

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Follow NexQloud Technologies on Issuance Express 2024

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

NexQloud Technologies Deal Report

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