Solib Solutions

Solib Solutions

Early Stage

Low-cost, hybrid batteries

Low-cost, hybrid batteries

Overview

Raised to Date: Raised: $53,669

Total Commitments ($USD)

Platform

Netcapital

Start Date

06/26/2022

Close Date

04/17/2023

Min. Goal
$10,001
Max. Goal
$1,000,001
Min. Investment

$107

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$8.89

Pre-Money Valuation

$8,890,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$183

Momentum
Funded
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Year Founded

2022

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Cary, North Carolina

Business Type

Growth

Solib Solutions, with a valuation of $8.89 million, is raising funds on NetCapital. The company aims to use its innovative battery technology to develop solid-state hybrid batteries. The hybrid batteries of Solib Solutions will enable high energy density, fast charging, long cycle life, and low-temperature performance. Solib Solutions’ batteries are based on proprietary composite solid electrolytes and will soon be under pilot-scale production. Yuan Wang founded Solib Solutions in January 2022. The current crowdfunding campaign has a minimum target of $10,001.25 and a maximum target of $1,000,000.54. The campaign proceeds will be used for salaries, equipment, R&D, raw materials, infrastructure renovation, and product line assembly.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/26/2022
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Add to portfolio
Solib Solutions on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $8,890,000
Price per Share: $8.89

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Follow Solib Solutions on NetCapital 2022

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