BatteryXchange on Localstake

Live Life Charged!

Raise to date: $98,000

Reporting Date: 01/22/2020

Key Stats

Minimum Raise

$86,000

Maximum Raise

$716,000

Likelihood of Max Unlikely
Start Date

10/28/2019

Stop Date

09/30/2020

Days Remaining

Closed

Security Type

Convertible Note

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

72

% of Minimum Raised

114%

% of Maximum Raised

14%

Dollars Per Day to Reach Max

$2,462

DPD* Committed

$1,140

DPD* Category

$0

DPD* All Companies

$1,131

Kingscrowd Momentum

$98,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

BatteryXchange, with a $4 million valuation cap, is raising funds on LocalStake. The company has created an on-the-go charging solution in the form of mobile chargers. The product of BatteryXchange has been tested over the past year and is ready to come to the market. BatteryXchange will cater to special event venues like convention centers and sporting arenas and will have charging kiosks at bars and restaurants. The company was founded by Desmond A Wiggan Jr. and Aubrey K Annoh-Yeboah and has raised over $125,000 since its inception. The proceeds of the current round of crowdfunding, with a minimum raise of $86,000 and a maximum raise of $716,000, will be used for product development, inventory building, hiring, marketing and sales, and location buildout. BatteryXchange has conducted 25 pilots at various events, conferences, bars, and restaurants, and already has over 1,000 users.

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