Sirocco Energy

Early Stage

Sirocco Wind Turbine is a linear wind generator for urban energy production

Overview

Raised to Date: Raised: $1,098,424

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/03/2023

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$5,000,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$7,200,000

Valuation Cap

$9,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

38

% of Min. Goal

2,197%

% of Max. Goal

22%

Likelihood of Max
unlikely
Avg. Daily Raise

$54,921

# of Investors

106

Momentum
cold.svg
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Year Founded

2021

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Palo Alto, California

Business Type

Growth

Sirocco Energy, with a valuation of $9 million, is raising funds on Wefunder. The company has created a low-noise, affordable, and customizable wind turbine for urban energy production. The linear wind generator of Sirocco Energy has been successfully developed and patented after six years of R&D. It is 50% more aerodynamically efficient than conventional wind turbines, has a low noise level, and is safe for birds. Sirocco Energy already has over 1,200 pre-orders with potential revenue of $80 million. Taras Vodyanyy, Anna Pryimak, and Oleksandr Pryjmak founded Sirocco Energy in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for research and development, market and customer research, new product development, business development, marketing, hiring, and legal services.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-138,788

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,367

$0

Accounts Receivable

$0

$0

Total Assets

$568,565

$0

Short-Term Debt

$0

$0

Long-Term Debt

$107,161

$0

Total Liabilities

$107,161

$0

Financials as of: 03/03/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sirocco Energy 04/30/2023 Wefunder $9,000,000 $1,098,424 SAFE Active RegCF
Sirocco Energy 04/04/2022 Wefunder $7,000,000 $863,186 SAFE Funded RegCF
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Sirocco Energy on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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