Sirocco Energy

Sirocco Energy

Early Stage

Sirocco Wind Turbine is a linear wind generator for urban energy production

Sirocco Wind Turbine is a linear wind generator for urban energy production

Overview

Raised to Date: Raised: $863,186

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/23/2021

Close Date

04/04/2022

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$7,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2022

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

$4,496

# of Investors

1,155

Momentum
Funded
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Year Founded

2021

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Palo Alto, California

Business Type

Growth

Sirocco Energy, with a valuation of $7 million, is raising funds on Wefunder. The company has created a low-noise, affordable, and customizable wind turbine for urban energy production. The linear wind generator of Sirocco Energy has been successfully developed and patented after five years of R&D. It is 50% more aerodynamically efficient than conventional wind turbines, has a low noise level, and is safe for birds. Taras Vodyanyy and Anna Pryimak founded Sirocco Energy in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for product development, business development, marketing, administrative expenses, and operating expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-61,112

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$110,500

$0

Accounts Receivable

$0

$0

Total Assets

$649,480

$0

Short-Term Debt

$110,400

$0

Long-Term Debt

$0

$0

Total Liabilities

$110,400

$0

Financials as of: 09/23/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sirocco Energy 04/25/2024 Netcapital $8,986,640 $16,123 Equity - Common Active RegCF
Sirocco Energy 04/05/2023 Wefunder $9,000,000 $863,186 SAFE Not Funded RegCF
Sirocco Energy 04/03/2022 Wefunder $7,000,000 $863,186 SAFE Funded 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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Sirocco Energy on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

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