StorEn Technologies
[Closed for Investment] StorEn Technologies, with a pre-money valuation of $28.05 million, is raising funds on StartEngine. The company has developed a patent-pending all-vanadium battery technology that promises to provide affordable and long-lasting energy storage. The proprietary technology of StorEn Technologies assures efficient, cost-effective, and durable batteries. StorEn Technologies was founded by Carlo Brovero and Angelo D’Anzi and has already raised more than $650,000 in previous rounds of funding. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $724,000. StorEn Technologies has filed four patent applications that secure its innovative IP, and the company has already secured its first order of $500,000 from Australia.
Investment Overview
Raised: $1,062,814
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 07/04/2019
- Close Date
- 03/15/2020
$9,996
$1,070,000
$252
Equity - Common
Pre-Seed
RegCF
$4.20
$28,100,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/04/2024 | StartEngine | $59,984,469 | $959,562 | Equity - Common | Funded | RegCF |
| 04/30/2023 | StartEngine | $60,172,534 | $1,374,076 | Equity - Common | Funded | RegCF |
| 12/30/2021 | StartEngine | $40,400,000 | $8,657,825 | Equity - Common | Funded | RegA+ |
| 03/15/2020 | StartEngine | $28,100,000 | $1,062,814 | Equity - Common | Funded | RegCF |
| 01/08/2019 | StartEngine | $25,904,060 | $659,824 | Equity - Common | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.