StorEn Technologies

StorEn Technologies

Early Stage

Vanadium Flow Batteries - Energy Storage.

Overview

Raised to Date: Raised: $659,824

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/09/2018

Close Date

01/08/2019

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$25,904,060

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2019

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

$1,818

# of Investors

688

Momentum
Funded
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Year Founded

2017

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Location

Stony Brook, New York

Who Should Be Interested:
Are you interested in innovative, efficient, cost-effective energy storage? Do you want to disrupt the current destructive energy system and find a cleaner solution? Well then, StorEn Technologies could be the investment for you. Their all-vanadium flow battery technology works with solar power, lasts for 25 years, and are 100% recyclable.

The Company:
StorEn Technology is revolutionizing the world of residential and industrial energy suppliers by developing evolutionary vanadium flow batteries. StorEn batteries capture energy from the sun during the day to charge the battery, while simultaneously powering your home, office, or business. The battery then takes over at night, providing consistent and constant energy from being charged all day. StorEn batteries last for 25 years (or 15,000 cycles), maintain 100% capacity over time, have no ghost-effect or self-discharge, are resilient in natural disasters and harsh climates, are non flammable, and are maintenance-free. Oh yeah -- to top it all off, they’re also 100% recyclable. So far, their technology has four US provisional patents and four trademarks. StorEn was incubated at the Clean Energy Business Incubator Program (CEBIP) within Stony Brook University in New York, and they’re on a mission to develop clean technologies to help reduce Earth’s global warming.

The Bottom Line:
StorEn Technologies is (literally) powering the renewable revolution against climate change. StorEn answers the call for long-lasting, economical energy storage, and with this investment, you can feel good about making money -- and about helping the environment, too.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
StorEn Technologies 06/30/2024 StartEngine $59,984,469 $527,931 Equity - Common Active RegCF
StorEn Technologies 04/29/2023 StartEngine $60,172,534 $1,374,076 Equity - Common Funded RegCF
StorEn Technologies 12/29/2021 StartEngine $40,400,000 $8,657,825 Equity - Common Funded RegA+
StorEn Technologies 03/14/2020 StartEngine $28,100,000 $1,062,814 Equity - Common Funded RegCF
StorEn Technologies 01/07/2019 StartEngine $25,904,060 $659,824 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Founder Profile

Founder Profile: Energy Storage Reinvented For The Green Age

Raised to-date: $485K ($50K goal, $1.07M max)


StorEn Technologies is a fascinating company that has developed a battery technology that can make storing solar energy sustainable, affordable and maintenance free.


A little bit sci-fi and a little bit science, StorEn is in the late stages of the development lifecycle with plans to commercialize its technology in both commercial and residential applications.


I sat down with my fellow Italian, Carlo Brovero to discuss the technology and commercial viability of StorEn Technologies, which is raising via StartEngine.


Read Founder Interview

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StorEn Technologies on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,904,060
Price per Share: $4.00

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Follow StorEn Technologies on StartEngine

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