LPPFusion

LPPFusion

Growth Stage

Decentralized Clean Fusion Energy Generators

Overview

Raised to Date: Raised: $477,859

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/07/2023

Close Date

12/15/2023

Min. Goal
$100,000
Max. Goal
$4,000,000
Min. Investment

$200

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$200.00

Pre-Money Valuation

$67,920,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2023

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

$2,162

# of Investors

635

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2003

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

LAWRENCEVILLE PLASMA PHYSICS, INC., New Jersey

Business Type

Growth

LPPFusion, with a valuation of $67.92 million, is raising funds on Wefunder. The company is developing the densest form of fusion energy which is recreating the power of the Sun on the Earth. The fusion being developed by LPPFusion is focused, safe, clean, and cheap. LPPFusion has reported the highest fusion energy output per unit energy input compared to any private fusion experiment and aims to replace fossil fuels with cheap and zero-pollution fusion energy. Eric J. Lerner and Rudolph Fritsch founded LPPFusion in 2003. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4 million. The campaign proceeds will be used for personnel, new equipment, operating expenses, initiating engineering development, setting up second laboratory outside the US, and reserves.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$9,669

$128,501

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-597,354

$-702,312

Summary Balance Sheet

FY 2022 FY 2021

Cash

$88,713

$254,143

Accounts Receivable

$0

$0

Total Assets

$435,792

$651,669

Short-Term Debt

$49,081

$11,989

Long-Term Debt

$0

$0

Total Liabilities

$49,081

$11,989

Financials as of: 05/07/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
LPPFusion 06/30/2024 Wefunder $74,300,000 $101,261 Equity - Common Active RegCF
LPPFusion 12/14/2023 Wefunder $67,920,000 $477,859 Equity - Common Funded RegCF
LPPFusion 12/08/2022 Wefunder $68,753,200 $311,759 Equity - Common Funded RegCF
LPPFusion 08/14/2021 Wefunder $49,000,000 $615,750 Equity - Common Funded RegCF
LPPFusion 02/28/2020 Wefunder $49,000,000 $575,750 Equity - Common Funded RegCF
LPPFusion 04/29/2018 Wefunder $37,525,500 $996,250 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

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

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Updates

Moonshot companies are a tough sell for investors. These kinds of startups typically need large amounts of funding to show results, but investors usually want to see early results before they take the risk of investing.

For LPPFusion, the risks and returns are higher than most moonshot investment opportunities. So it’s even more difficult for the company to raise the funds it needs to get initial results.

View Company Update

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
LPPFusion on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $67,920,000
Price per Share: $200.00

Follow company

Follow LPPFusion on Wefunder 2023

Buy LPPFusion's Deal Report

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

LPPFusion Deal Report

Get KingsCrowd’s comprehensive report on LPPFusion including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether LPPFusion is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the LPPFusion deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge