Airthium

100x cheaper battery to stop Climate Change

Analytics

Raised to Date: $1,307,736

Aggregate Commitments $
Platform

Wefunder

Start Date

03/24/2021

Close Date

04/30/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$17,000,000

Discount Rate

0%

Rolling Commitments $
Status
Funded
Reporting Date

05/02/2021

Days Remaining
Funded
% of Min. Goal

2,615%

% of Max. Goal

122%

Likelihood of Max
Funded
Avg. Daily Raise

$35,344

# of Investors

1,437

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Wilmington, Delaware

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Airthium, with a valuation cap of $17 million, is raising crowdfunding on Wefunder. The company has designed a long-duration battery that is cheaper than gas, coal, and nuclear. The battery of Airthium can store 100 times more energy at the same cost as it is powered by sun and wind. Andrei Klochko and Franck Lahaye founded Airthium in 2017. The current crowdfunding campaign has a minimum raise of $50,000 and a maximum raise of $1,070,000, and the proceeds will be used towards payroll, equipment, contractors, lab and office space, and administrative expenses. Airthium is led by a team with two Ph.D.s and has raised over $500,000 in its pre-seed round of financing.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$169,548

$115,090

COGS

$0

$0

Tax

$32,704

$13,501

 

 

Net Income

$-164,091

$-122,884

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$158,683

$241,616

Accounts Receivable

$0

$0

Total Assets

$259,313

$386,144

Short-Term Debt

$74,700

$33,169

Long-Term Debt

$491,538

$491,975

Total Liabilities

$566,238

$525,144

Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to Gain Access
Pay Monthly
Annually (Save 17%)

Pro

$25 /month
billed annually
Unlimited analyst reports. Does not include ratings.
Plan Includes:
Everything in Starter, plus
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Full access to Analyst Reports
Market Analytics
Ratings
Get Pro Annual

Merlin

$41.67 /month
billed annually
Unlimited analyst reports and full access to Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Ratings
Get Merlin Annual
Already a member? Log in here.

Ratings

Analyst Report

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Airthium on Wefunder
Follow company
Follow Airthium on Wefunder