Poseidon AmphibWorks Corporation
About this raise
Poseidon AmphibWorks Corporation, with a valuation of $10.6 million, is raising funds on StartEngine. The company makes electric amphibious vehicles that effortlessly transition back and forth between land and water. The vehicles of Poseidon AmphibWorks can operate both as a boat and a road vehicle without performance compromises and regulatory hurdles. Poseidon AmphibWorks is in the pre-prototype stage and aims to fill the void for affordable and highly-efficient amphibious vehicles. Steve E. Tice and Andy Langesfeld founded Poseidon AmphibWorks in January 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,947.50. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $21,535
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/12/2022
- Close Date
- 09/07/2022
$10,000
$1,069,948
$319
Equity - Common
Early Stage
RegCF
$1.25
$10,625,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/07/2022 | StartEngine | $10,625,000 | $21,535 | Equity - Common | Funded | RegCF |