NextPower360
Early Stage
Creating one of the world’s most advanced wind generators and electric motors.
Overview
Raised: $19,421
Total Commitments ($USD)
Platform
Netcapital
Start Date
05/17/2023
Close Date
07/18/2023
Min. Goal
$10,000
Max. Goal
$100,000
Min. Investment
$99
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.64
Pre-Money Valuation
$6,005,760
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
45
% of Min. Goal
194%
% of Max. Goal
19%
Likelihood of Max
Avg. Daily Raise
$1,142
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
NextPower360, with a valuation of $6,005,760, is raising funds on NetCapital. The company's wind generator is designed to capture the wind’s full power potential, including fast wind, potentially doubling a wind turbine’s power output at a lower levelized cost of energy. NextPower360 is aiming to change the shape of the generator and reconfigure the magnets so the generator can continually and instantly adapt to ever-changing wind speeds and capture the maximum amount of harvestable power, even at high wind speeds. Dr. Tony Iacovelli and Michael Shore founded NextPower360 in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $100,000. The campaign proceeds will be used for research & development and technicians.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-12,283 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$97,942 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$97,942 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/17/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Analyst Report
Pending Review
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.