Flower Turbines

Innovative Small Wind Turbines

Analytics

Raised to Date: $2,200,365

Aggregate Commitments $
Platform

StartEngine

Start Date

03/09/2021

Close Date

06/30/2021

Min. Goal

$560

Max. Goal

$14,490,000

Min. Investment

$560

Security Type

Equity - Common

Funding Type

RegA+

Series

Seed

Pre-Money Valuation

$61,700,000

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

68

% of Min. Goal

392,922%

% of Max. Goal

15%

Likelihood of Max
unlikely
Avg. Daily Raise

$51,171

# of Investors

1,289

Momentum
cool
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Location

Lawrence, New York

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

High Growth

Flower Turbines, with a valuation of $61.7 million, is raising funds on StartEngine through Reg A+ crowdfunding. 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. The current round of crowdfunding does not have a minimum target and a maximum target of $14,490,000. The funds will be used for marketing, engineering, R&D, manufacturing, public relations, patents and intellectual property, and general and administrative expenses. Flower Turbines has four granted patents, and its turbines increase productivity by 20-50% due to the cluster effect.
Balance Sheet

Cash and Cash Equivalents

$266,596

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$2,154

Property and Equipment

$0

Total Assets

$386,381

Accounts Payable & Accrued Liabilities

$38,117

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$56,135

Total Liabilities

$94,252

Total Stockholders' Equity

$292,129

Total Liabilities and Equity

$386,381

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$545,547

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-530,157

Earnings Per Share - Basic

$-1

Earnings Per Share - Diluted

$-1

Auditor: Fruci & Associates II, PLLC
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Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
06/30/2021 StartEngine $61,700,000 $2,200,365 Equity - Common Active RegA+
02/25/2021 StartEngine $26,017,770 $1,032,120 Equity - Common Confirmed Closed RegCF
11/30/2019 StartEngine $7,600,000 $1,069,804 Equity - Common Confirmed Closed RegCF
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