Undesert

Undesert

Testing the Waters
Early Stage

Agriculture

Agriculture

Overview

Raised to Date: Raised: $544,900

Total Commitments ($USD)

Platform

Fundify

Start Date

12/27/2021

Close Date

Testing the Waters

Min. Goal
Funded
Max. Goal
Funded
Min. Investment

$25

Security Type

SAFE

SEC Filing Type

Test the Waters / RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2022

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

$24,768

# of Reservations

23

Momentum
Funded
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Year Founded

2021

Industry

Farming & Agriculture

Tech Sector

AgriTech

Location

LOS ALAMOS, New Mexico

Undesert, with a valuation of $10 million, is testing the waters on Fundify. The company has developed its patented water desalination technology that will help to reverse the adverse effects of global warming. The technology operates on 100% solar energy and helps to convert saline water to distilled water and dry salt. Undesert is already operating commercially and has proven operations in UAE for two years. Nicholas Seet founded Undesert in October 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $245,000. The campaign proceeds will be used for land acquisition, desalination equipment, regulatory permits, engineering design, installation labor, supplies, and site management.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Undesert 06/29/2022 Fundify $10,000,000 $25,050 SAFE Funded RegCF
Undesert 01/18/2022 Fundify $10,000,000 $544,900 SAFE Funded Test the Waters / 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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Undesert on Fundify 2021
Platform: Fundify
Security Type: SAFE
Valuation: $10,000,000

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