Flower Turbines, Inc.

Deal To Watch
BETA

Innovative Small Wind Turbines

Analytics

Raised to Date: $1,032,120

Aggregate Commitments $
Platform

StartEngine

Start Date

03/24/2020

Close Date

03/04/2021

Min. Goal

$9,990

Max. Goal

$1,032,330

Min. Investment

$300

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$26,017,770

Weekly Commitments $
Status

Active

Reporting Date

01/17/2021

Days Remaining

44

% of Min. Goal

10,332%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$3,452

# of Investors

1,356

Momentum
Location

Lawrence, New York

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

High Growth

Flower Turbines, with a pre-money valuation of $26.01 million, is raising funds on StartEngine. The company has created small wind turbines that are sleek, innovative, and efficient. The turbines of Flower Turbines also address the problems of turbulence and design and are disrupting the industry through the cluster effect of its turbines. Flower Turbines was founded by Dr. Daniel Farb in 2013 and has raised over $1 million in previous rounds of crowdfunding. The current round of crowdfunding has a minimum target of $9,990 and a maximum target of $304,320, and the funds will be used for expansion in the northeast region of the US. Flower Turbines has four granted patents, and its turbines increase productivity by 20-50% due to the cluster effect.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-133,583

$-59,262

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$74,764

$1,024

Accounts Receivable

$0

$0

Total Assets

$113,278

$1,024

Short-Term Debt

$10,346

$11,215

Long-Term Debt

$0

$0

Total Liabilities

$10,346

$11,215

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
03/04/2021 StartEngine $26,017,770 $1,032,120 Equity - Common Active RegCF
11/30/2019 StartEngine $7,600,000 $1,069,804 Equity - Common Confirmed Closed RegCF

Ratings

last updated 01/19/2021

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.

Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Optelos on SeedInvest

Asset inspection is essential work for all manner of businesses, particularly in the construction and industrial markets. It’s…

Crowd
Manta Biofuel on Republic

The global oil and gas market was $3 trillion in 2019. The U.S…

Crowd
HyperSciences on StartEngine

The world’s energy future is likely to be complex and uncertain in the long term. However, one thing…

Crowd
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 Flower Turbines, Inc. on StartEngine
Follow company
Follow Flower Turbines, Inc. on StartEngine