NEXT Future Transportation

NEXT Future Transportation

Early Stage

Advanced electric vehicles and robotic systems

Advanced electric vehicles and robotic systems

Overview

Raised to Date: Raised: $86,340

Platform

StartEngine

Start Date

04/19/2017

Close Date

10/17/2017

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$250

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

18%

Year Founded

2015

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Location

San Jose, California

NEXT Future Transportation, with a valuation of $20 million, is raising funds on StartEngine. The company has developed a unique modular transportation solution that allows people and goods to move among connected modules. NEXT Future Transportation aims to dynamically optimize occupancy rate and travel time quality, and implement services in motion. Emmanuele Spera and Tommaso Gecchelin founded NEXT Future Transportation in February 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $107,000. The campaign proceeds will be used for loan repayment, salaries, R&D and prototype, marketing, and business development.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$142

Tax

$489

$25

 

 

Net Income

$-23,311

$-5,968

Summary Balance Sheet

FY 2016 FY 2015

Cash

$532

$1,770

Accounts Receivable

$0

$0

Total Assets

$31,972

$11,174

Short-Term Debt

$0

$0

Long-Term Debt

$44,451

$11,342

Total Liabilities

$44,451

$11,342

Financials as of: 04/19/2017
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NEXT Future Transportation on StartEngine 2017
Platform: StartEngine
Security Type: SAFE
Valuation: $20,000,000

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

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