Nexus Build
Early Stage
Building next generation construction technology
Overview
Raised: $72,055
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/14/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
Uncapped
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$434
# of Investors
22
Momentum
Funded
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Year Founded
2021
Industry
Real Estate & Construction
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Nexus Build is raising funds on Wefunder. The company has developed an autonomous building platform that brings robotics, machine learning, and materials science to residential and commercial construction. The business is aimed at the application of automatic and digitization to construction and improving product quality, overall efficiency, and costs. Nexus Build plans to launch its first project in the central Texas area by the end of 2023. Kieran Singh founded Nexus Build in December 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for materials to build the gantry concrete 3D printer.
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 |
Financials as of: 11/14/2022
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