About this raise: Primo Energy, with a valuation of $25 million, is raising funds on StartEngine. The company designs and builds energy platforms that combine solar, wind, and battery storage. The hybrid platforms can be fitted with USB charging and lights and provide energy for remote locations, island territories, and disaster relief. Primo Energy is also helping the next generation understand and bring in renewables with its educational training products and tools. Ned McMahon founded Primo Energy in 2019. The current crowdfunding campaign has a minimum target of $9,999.54 and a maximum target of $1,069,998.96. The campaign proceeds will be used to grow into new areas in the renewable energy space.
Investment Overview
Invested : $72,214
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/17/2021
- Close Date
- 03/10/2022
$10,000
$1,069,999
$250
Equity - Common
Seed
RegCF
$2.19
$24,974,530
Company & Team
Company
- Year Founded
- 2019
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.