NTS Innovations

NTS Innovations

NTS Innovations, with a valuation of $60.65 million, is raising funds on StartEngine. It is a nanotechnology and semiconductor chip manufacturer creating Nanoscale Energy Harvesting products. NTS Innovations’ technology transforms ambient energy into usable power for electronics and enables uninterrupted energy supply without ongoing maintenance. The company has collaborations with top IoT manufacturers and a premier graphene foundry and is in the late stages of R&D. Donald Meyer and Julie Meyer founded NTS Innovations in July 2015. The current crowdfunding campaign has a minimum target of $14,999.57 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, company employment, inventory, marketing, operations, and working capital.

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Investment Overview

Raised this Round: Raised: $87,559

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/12/2024
Close Date
02/10/2025
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.59

Pre-Money Valuation

$60,648,095

Company & Team

Company

Year Founded
2015
Industry
Energy, Power, & Natural Resources
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
East Peoria, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Donald Meyer
Title
CEO, Chairman
Founder Name
Julie Meyer
Title
CFO, Board Member

Financials

as of June 30, 2024
 Revenue
$0
 Monthly Burn
$100,000
 Runway
0.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,302,839

$-1,571,689

Summary Balance Sheet

FY 2023 FY 2022

Cash

$89,964

$43,360

Accounts Receivable

$0

$0

Total Assets

$1,256,620

$773,133

Short-Term Debt

$1,248,162

$761,303

Long-Term Debt

$2,826,994

$1,539,388

Total Liabilities

$4,075,156

$2,300,691

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,159,510
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/10/2025 StartEngine $60,648,095 $87,559 Equity - Common Active RegCF
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Add to portfolio
NTS Innovations on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $60,648,095
Price per Share: $0.59

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Follow NTS Innovations on StartEngine 2024

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