REVO ZERO

REVO ZERO

REVO ZERO, with a valuation of $155.3 million, is raising funds on NetCapital. The company is developing the next generation of electric vehicles with a range of up to 700 miles. REVO ZERO’s EVs use its proprietary pFC technology to power the vehicles by combining a hydrogen fuel cell and a plug-in battery and can refuel in seven minutes. The vehicles are a practical zero-emission alternative to gasoline vehicles and help to eliminate range anxiety with their quick refuelling. Ruben Crues founded REVO ZERO in September 2020. The current crowdfunding campaign has a minimum target of $10,001.60 and a maximum target of $499,987.88. The campaign proceeds will be used for corporate expenses, hydrogen network development, and pFC vehicle R&D.

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Investment Overview

Raised this Round: Raised: $53,548

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
11/08/2024
Close Date
02/21/2025
Min. Goal
$10,002
Max. Goal
$499,988
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$13.16

Pre-Money Valuation

$155,287,882

Company & Team

Company

Year Founded
2020
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Herndon, Virginia
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Ruben Creus
Title
CEO

Financials

as of September 30, 2024
 Revenue
$0
 Monthly Burn
$14,000
 Runway
24+ months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-101,367

$-31,142

Summary Balance Sheet

FY 2023 FY 2022

Cash

$394,123

$176,882

Accounts Receivable

$0

$0

Total Assets

$674,297

$219,803

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$913,986
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/21/2025 Netcapital $155,287,882 $53,548 Equity - Common Active RegCF
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Add to portfolio
REVO ZERO on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $155,287,882
Price per Share: $13.16

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Follow REVO ZERO on NetCapital 2024

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