Voltaic Marine
About this raise
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.
Investment Overview
Invested : $62,750
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/01/2023
- Close Date
- 06/21/2023
$15,000
$1,235,000
$200
Equity - Common
Growth Stage
RegCF
$1.00
$25,593,821
Company & Team
Company
- Year Founded
- 2023
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$7,398
as of FY2022
-
Runway
-
0 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $6,931,217
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/21/2023 | StartEngine | $25,593,821 | $62,750 | Equity - Common | Funded | RegCF |