Renewable Energy Products Manufacturing

Renewable Energy Products Manufacturing

Closed: Jul. 2022

About this raise

Renewable Energy Products Manufacturing, with a valuation of $21 million, is raising funds on StartEngine. The company is working on revolutionizing solar energy with its multiple enhancements. The innovative enhancements of REPM are designed to increase the longevity, output, and productivity of solar panels. The patented technologies of REPM will make solar panels easier to install, cheaper to buy, more effective, and more heat resistant. Renewable Energy Products Manufacturing is led by an experienced team and has 40 MW of projects in development. John Conte founded Renewable Energy Products Manufacturing in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,050,000. The campaign proceeds will be used to file new patents and demonstrate new technologies.

Expand

Investment Overview

Invested this round: $80,031

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
04/29/2022
Close Date
07/28/2022
Min. Goal
$10,000
Max Goal
$1,050,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$21,003,165

Company & Team

Company

Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Cherry Hill, New Jersey
Business Type
Growth
Company Website
Visit Website

Team

Employees
14
Prior Founder Exits?
No
Founder Name
John Conte
Title
CEO, President, Director
Founder Name
Ravindra Nuggehalli
Title
Director
Founder Name
Peter Kaufman
Title
CTO
Founder Name
Gib Dunham
Title
Director, Treasurer, Secretary

Financials

 Revenue
$69,000
 Monthly Burn
$13,369
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$69,000

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-160,431

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$12,000

$0

Total Assets

$21,310

$0

Short-Term Debt

$84,089

$0

Long-Term Debt

$30,000

$0

Total Liabilities

$114,089

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$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
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$209,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/28/2022 StartEngine $21,003,165 $80,031 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Renewable Energy Products Manufacturing on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $21,003,165
Price per Share: $5.00

Follow company

Follow Renewable Energy Products Manufacturing on StartEngine 2022

Buy Renewable Energy Products Manufacturing's Deal Report

Warning: according to the close date for this deal, Renewable Energy Products Manufacturing may no longer be accepting investments.

Renewable Energy Products Manufacturing Deal Report

Get Kingscrowd's comprehensive report on Renewable Energy Products Manufacturing including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Renewable Energy Products Manufacturing is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Renewable Energy Products Manufacturing deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge