ReNewSnow

Early Stage

Virtually no carbon, low cost snowmaking

Analytics

Raised to Date: Raised: $1,000

Aggregate Commitments $

Platform

Infrashares

Start Date

03/31/2022

Close Date

09/01/2022

Min. Goal

$600,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$10.00

Pre-Money Valuation

$10,000,000

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

68

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$12

Momentum
cold.svg
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Location

Portland, Maine

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

ReNewSnow, with a valuation of $10 million, is raising funds on InfraShares. The company uses its patented technology to make no-carbon low-cost snow. The company’s patented system, SnowPod, aims to reverse the age-old process of snowmaking, lower the cost of snowmaking by 30%, and dramatically reduce the carbon footprint. ReNewSnow’s technology is reengineering the way water is sourced by making high-elevation water easy to source. Vittorio Pareto founded ReNewSnow in July 2017. The current crowdfunding campaign has a minimum target of $600,000 and a maximum target of $1,070,000. The campaign proceeds will be used to develop and market the delivery of high elevation water to ski areas for the purpose of snowmaking.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-6,498

$-7,813

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$28,334

$34,832

Accounts Receivable

$0

$0

Total Assets

$28,334

$34,832

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/31/2022
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ReNewSnow on InfraShares 2022
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Platform: Infrashares
Security Type: Equity - Common
Valuation: $10,000,000

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