Multiturbine
Cheaper and cleaner wind technology to disrupt the wind energy industry
- Raising on Wefunder
- Technology · United States
The raise in figures
Reserved
US$83,859
- Investors
- 90
- Pre-money valuation
- US$16.7M
Last updated
↳ Wefunder · checked just now
About this raise
Multiturbine has an equity crowdfunding raise coming up on Wefunder. Based in the United States, Multiturbine sits in Wefunder’s Technology category. It is offered under Regulation Crowdfunding (Reg CF).
Multiturbine is valued at $16.6M before the new money. Ahead of launch, 90 investors have reserved $83,859.
For comparison, the 52 other raises in Wefunder’s Technology category over the past 12 months drew a median of 72 investors.
Reg CF lets a US company raise from the general public, not only accredited investors, through an SEC-registered funding portal or broker-dealer. Under Reg CF, how much a non-accredited investor can put in over 12 months depends on their income and net worth. Raise Sonar last read these figures from Wefunder on .
Upcoming
Opens on Wefunder
Funding history
553 readings
About Multiturbine
Summarised by Raise Sonar from Multiturbine’s Wefunder pitch
MultiTurbine Inc. is developing a modular wind turbine technology built from an array of small 65kW turbines that can scale from 0.5MW to 25MW systems. The page says the components can be shipped in standard 40 feet containers, and the company is based in Minneapolis, MN. The company states it aims to build a first commercial unit and generate revenue, and this raise is to fund construction of that first commercial unit.
Read the full pitch on Wefunder (opens in a new tab)More like this
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