ZEUS Motor

ZEUS Motor

Closed: Jun. 2022

About this raise

ZEUS Motor, with a valuation of $206 million, is raising funds on Wefunder. The company makes extraordinarily efficient electric motors for the next generation. The motors of ZEUS Motor are smaller, more robust, and less expensive compared to other commercial motors. The technology is fully developed, patented, independently tested, and manufacture-ready. Thomas Hollis Hopkins founded ZEUS Motor in August 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used for rent, salaries, sundry expenses, R&D, and industrial motor rollout.

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Investment Overview

Invested this round: $608,289

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/08/2022
Close Date
06/30/2022
Min. Goal
$100,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Preferred

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Early Bird Valuation

$164,560,000

Pre-Money Valuation

$205,700,000

Company & Team

Company

Year Founded
2021
Industry
Industrial Services
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
Wheat Ridge, Colorado
Business Type
Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Tom Hopkins
Title
CEO & Director

Financials

 Revenue
$0
 Monthly Burn
$46,825
 Runway
1.9 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-561,905

$-879,543

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$88,348

$95,699

Accounts Receivable

$0

$0

Total Assets

$252,658

$178,736

Short-Term Debt

$580,014

$597,288

Long-Term Debt

$397,455

$305,124

Total Liabilities

$977,469

$902,412

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/30/2022 Wefunder $205,700,000 $608,289 Equity - Preferred Funded RegCF
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Add to portfolio
ZEUS Motor on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $205,700,000
Price per Share: $5.00

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Warning: according to the close date for this deal, ZEUS Motor may no longer be accepting investments.

ZEUS Motor Deal Report

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