Pipeline2Space

Pipeline2Space

Closed: Nov. 2024

About this raise

Pipeline2Space, with a valuation of $30.07 million, is raising funds on Dealmaker Securities. The space technology company is targeting the light-lift space launch sector to cater to the demand for quick and cost-effective access to space. Pipeline2Space has an innovative space launch platform that uses a patented ram accelerator technology for individual launches with reliability, affordability, and increased launch volume. Mark C. Russell and Greg Seymour founded Pipeline2Space in October 2021. The current crowdfunding campaign has a minimum target of $10,009.13 and a maximum target of $5 million. The campaign proceeds will be used for the engineering and management teams, research and development, sales and business development, and experimental flight testing.

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Investment Overview

Invested this round: $768,016

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
11/17/2023
Close Date
11/06/2024
Min. Goal
$10,009
Max Goal
$5,000,000
Min. Investment

$1,001

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.86

Pre-Money Valuation

$30,068,483

Company & Team

Company

Year Founded
2021
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Spokane, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Greg Seymour
Title
Director
Founder Name
Mark Russell
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$85,340
 Runway
1.3 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,024,076

$-1,197,751

Summary Balance Sheet

FY 2023 FY 2022

Cash

$108,576

$2,828

Accounts Receivable

$0

$0

Total Assets

$237,902

$8,628

Short-Term Debt

$972,633

$117,190

Long-Term Debt

$0

$0

Total Liabilities

$972,633

$117,190

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,695,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/06/2024 DealMaker Securities $30,068,483 $768,016 Equity - Common Funded RegCF
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Add to portfolio
Pipeline2Space on Dealmaker Securities 2023
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $30,068,483
Price per Share: $1.86

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Follow Pipeline2Space on Dealmaker Securities 2023

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Warning: according to the close date for this deal, Pipeline2Space may no longer be accepting investments.

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