HyperSciences

HyperSciences

Early Stage

Harnessing the power of extreme velocity

Harnessing the power of extreme velocity

Overview

Raised to Date: Raised: $9,600,000

Total Commitments ($USD)

Platform

SeedInvest

Start Date

04/26/2018

Close Date

03/31/2019

Min. Goal
$2,500,000
Max. Goal
$10,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$3.84

Pre-Money Valuation

$25,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2019

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

$28,402

# of Investors

3,552

Momentum
Funded
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Year Founded

2014

Industry

Energy, Power, & Natural Resources

Tech Sector

Hardwaretech

Location

Spokane, Washington

HyperSciences, with a valuation of $25 million, is raising crowdfunding on SeedInvest through Reg A+ crowdfunding. The company is using its proprietary hypersonic accelerator to revolutionize several industries, including aerospace, mining, tunneling, and clean energy drilling. The accelerator of HyperSciences is one of the world’s fastest engines. HyperSciences is currently commercializing its HyperCore tools for HyperDrill and Hyper Tunneling Boring and Mining systems. Mark Russell founded HyperSciences in 2014. The current crowdfunding campaign has a minimum target of $2,500,000 and a maximum target of $10,000,000. The campaign proceeds will be used for working capital, product development, marketing, and management compensation.

Balance Sheet

Cash and Cash Equivalents

$290

Property, Plant and Equipment (PP&E)

$210,745

Total Assets

$325,323

Accounts Payable & Accrued Liabilities

$1,047,497

Long Term Debt

$564,114

Total Liabilities

$4,153,683

Total Stockholders' Equity

$-3,828,360

Total Liabilities and Equity

$325,323

Statement of Comprehensive Income Information

Depreciation and Amortization

$14,713

Net Income

$-1,492,072

Earnings Per Share - Basic

$-0.34

Earnings Per Share - Diluted

$-0.34

Auditor: DeCoria, Maichel & Teague P.S.
Financials as of: 04/26/2018
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
HyperSciences 09/27/2022 StartEngine $104,006,352 $433,304 Equity - Preferred Funded RegCF
HyperSciences 03/15/2021 StartEngine $38,800,000 $1,069,549 Equity - Preferred Funded RegCF
HyperSciences 03/30/2019 SeedInvest $25,000,000 $9,600,000 Equity - Preferred Funded RegA+
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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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Add to portfolio
HyperSciences on SeedInvest 2018
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $25,000,000
Price per Share: $3.84

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

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