About this raise
Next Bolt, with a valuation of $35.1 million, is raising funds on Wefunder. The company is developing the first affordable home energy storage battery. The battery will be sold for as low as $100 a month and will work great for clean energy storage. Next Bolt battery is expected to be perfect for powering homes, commercial, the solar industry, and electric vehicle charging. Jason Adams founded Next Bolt in August 2019. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5,000,000. The campaign proceeds will be used for scaling up battery production R&D, hiring new team members, marketing, and operations.
Investment Overview
Invested $4,999,999 :
Deal Terms
Total Commitments ($USD)
Company & Team
Company
- Year Founded
- 2019
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/31/2024 | DealMaker Securities | $61,857,987 | $543,666 | Equity - Common | Not Funded | RegA+ |
09/30/2022 | Wefunder | $35,120,002 | $4,999,999 | Equity - Preferred | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.