Voltaic Marine
Growth Stage
Electrifying Watercraft
Overview
Raised: $62,750
Total Commitments ($USD)
Platform
StartEngine
Start Date
02/28/2023
Close Date
06/21/2023
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment
$200
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$25,593,821
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$560
# of Investors
75
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2023
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Voltaic Marine, with a valuation of $25.6 million, is raising funds on StartEngine. It is a boat-building company focused on developing electric vessels for recreation and water sports. The company is currently in the prototyping and pre-revenue phase and is backed by proven suppliers, techniques, and components for entering the market. The first product of Voltaic Marine will be AEW24, a sleek and strong electric boat enabled by a proprietary battery architecture and to be used for all-day water sports. Richard Hau Phamdo founded Voltaic Marine in January 2023. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, company employment, inventory, operations, and taxes.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-88,771 |
$-29,856 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$600 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/28/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.