RenewaBlox

RenewaBlox

Open  for investment

About this raise

RenewaBlox, with a valuation of $15 million, is raising funds on Wefunder. The company is involved in community solar sites and solar-powered Bitcoin mining operations. RenewaBlox has acquired 160 acres of farmland in Illinois, of which 88 acres will be used for solar power and 72 acres for solar-powered Bitcoin mining. The business will work on a unique and diversified revenue model with guaranteed solar income at the US Federal and State levels and has a crystal clear roadmap. Callum Wheeler founded RenewaBlox in September 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $697,659. The campaign proceeds will be used for the CS1 phase main development costs, infrastructure fees, complete development of the POG1 phase, and other expenses.

Expand

Investment Overview

Committed this round: $24,300

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
11/16/2023
Close Date
04/30/2025
Min. Goal
$50,000
Max Goal
$697,659
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$11,500,000

Valuation Cap

$15,000,000

Discount

20%

Company & Team

Company

Year Founded
2023
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Oswego, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Callum Wheeler
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$10,000

$0

Total Assets

$10,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$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.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $15,000,000 $24,300 SAFE Active 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
RenewaBlox on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

Follow company

Follow RenewaBlox on Wefunder 2023

Buy RenewaBlox's Deal Report

RenewaBlox Deal Report

Get Kingscrowd's comprehensive report on RenewaBlox including:

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

Buy the RenewaBlox deal report for only $10!

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