Wind Craft Aviation

Wind Craft Aviation

Closed: Dec. 2020

About this raise

Wind Craft Aviation, with a valuation cap of $15 million, is raising funds on MicroVentures. The company is developing an aircraft powered by hydrogen. The eVTOL aircraft has a carbon-neutral fuel cell that offers greater efficiency than the traditional lithium-ion batteries. The aircraft and its technological components will be provided to the customers on a contracted or for-purchase basis. Alex Taylor founded Wind Craft Aviation in 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The proceeds will be used for research and development, operations, staff, and legal fees. Wind Craft Aviation has received a grant from PlanetM to develop the aircraft and test it at military sites. The aircraft is set to complete its first test launch this year.

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Investment Overview

Invested this round: $132,370

Deal Terms

Total Commitments ($USD)

Platform
Microventures
Start Date
08/04/2020
Close Date
12/07/2020
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

25%

Company & Team

Company

Year Founded
2019
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Lowell, Michigan
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Founder Name
Alexander Taylor
Title
CEO and Commercial UAS Pilot

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/07/2020 Microventures $15,000,000 $132,370 Convertible Note Funded RegCF
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Add to portfolio
Wind Craft Aviation on MicroVentures
Platform: Microventures
Security Type: Convertible Note
Valuation: $15,000,000

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Warning: according to the close date for this deal, Wind Craft Aviation may no longer be accepting investments.

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