Quantum Photonics

Growth Stage

Lighting the Way to Self-Sustaining Energy

Overview

Raised to Date: Raised: $10,615

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/14/2023

Close Date

04/14/2023

Min. Goal

$10,000

Max. Goal

$1,234,988

Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.49

Pre-Money Valuation

$250,120,500

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

22

% of Min. Goal

106%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$287

# of Investors

12

Momentum
cool.svg
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Year Founded

2018

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Tyler, Texas

Business Type

Growth

Quantum Photonics, with a valuation of $250.12 million, is raising funds on StartEngine. It is an energy technology company that is using the power of quantum technology to convert light into sustainable energy. The patented technology of Quantum Photonics boosts the absorbed light and creates more energy than what went into the device. The company is all set to use the technology strategically in various applications. Yttrium Saiyan founded Quantum Photonics in May 2018. The current crowdfunding campaign has a minimum target of $9,999.84 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, company employment, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-292,073

$-116,901

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$102,351

$50

Accounts Receivable

$4,420

$-4,419

Total Assets

$179,018

$61,290

Short-Term Debt

$92,561

$108,191

Long-Term Debt

$0

$0

Total Liabilities

$92,561

$108,191

Financials as of: 02/14/2023
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Quantum Photonics on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $250,120,500

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