Solib Solutions
About this raise
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.
Investment Overview
Invested $53,669 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/17/2023 | Netcapital | $8,890,000 | $53,669 | Equity - Common | Funded | RegCF |