Flower Turbines, Inc.
Innovative Small Wind Turbines
Analytics
Raised to Date: $1,032,120
Aggregate Commitments $
StartEngine
03/24/2020
03/04/2021
$9,990
$1,032,330
$300
Equity - Common
RegCF
Seed
$26,017,770
Weekly Commitments $
Active
01/17/2021
44
10,332%
100%
$3,452
1,356
Lawrence, New York
Energy, Power, & Natural Resources
Cleantech
B2B
High
High
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 |
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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
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