Palm Energy Systems
About this raise
Palm Energy Systems, with a valuation of $5 million, is raising funds on Wefunder. The company is developing revolutionary solar energy devices with its Palm-e. Palm-e has an aesthetically pleasing design, high efficiency, high power output, and a high level of intelligence. Palm Energy Systems aims to reduce carbon footprint by more than 21,000 pounds of carbon dioxide per year. Rajiv Narain and Francois Mahu founded Palm Energy Systems in May 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $267,500. The campaign proceeds will be used for operational expenses, building a working prototype, and marketing expenses.
Investment Overview
Invested $110,824 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/25/2022 | Wefunder | $5,000,000 | $110,824 | SAFE | Funded | RegCF |