Space Division

Space Division

[Closed for Investment] Who Should Be Interested:
Do you love cool products? Do you also love helping the environment? Or have you heard of 121c Boards and loved their skateboards? If you said yes to any of these, then be sure to check out Space Division Inc., a company comprised of the 121c Boards team! They upcycle aerospace-grade carbon fiber into almost any product, from desks and suitcases to dominoes and keychains. Space Division Inc. is not only a unique business, but they also help the environment by using that carbon fiber -- instead of leaving it dumped in landfills.

The Company:
Space Division Inc. (SDI) sells a wide variety of consumer products manufactured from upcycled, 100% space-ready carbon fiber. This type of carbon fiber is the very same stuff that’s used to produce aircrafts, rockets, and even spacecrafts -- literally. SDI uses the scraps that’s collected off production lines of modern rockets and spacecrafts to help create their pieces. See, as cool as carbon fiber is, it’s not environmentally friendly. It wasn’t created to degrade, yet there’s over 10 million pounds of carbon fiber waste generated each year. SDI addresses that problem by taking the carbon fiber out of landfills and turning it into products you’d want. They can make everything from games and furniture to personal accessories and household items. After all, carbon fiber is some of the toughest, lightest, and strongest materials out there -- and it looks pretty sleek. Plus, this isn’t SDI team’s first venture into carbon fiber upcycling. They’re made up of the same team as 121c Boards, who started using this type of carbon fiber to create skateboards. Between them, they have three USC professors, 3 MBAs, an MSSE, and a NASA astronaut. They love space, they love innovation….and with SDI, they’re combining those passions with helping the environment.

The Bottom Line:
Even if we can’t all go to space, space can now come to us with Space Division Inc.’s products. Their mission to create positive change in the world by upcycling carbon fiber, which is some of the coolest material out there, no longer seems like a dream that belongs in a galaxy far, far away. Instead, their bringing that galaxy to you...one skateboard, domino, desk, and wine holder at a time.

Expand

Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/20/2017
Close Date
07/02/2018
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$6,030,132

Company & Team

Company

Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Gardena, California
Company Website
Visit Website

Team

Employees
4

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/02/2018 StartEngine $6,030,132 $0 Equity - Common Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Space Division on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,030,132
Price per Share: $2.00

Follow company

Follow Space Division on StartEngine

Buy Space Division's Deal Report

Warning: according to the close date for this deal, Space Division may no longer be accepting investments.

Space Division Deal Report

Get Kingscrowd's comprehensive report on Space Division including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Space Division is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Space Division deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge