IX Water on StartEngine

Revolutionary Water Recycling Technology

Raise to date: $131,498

Reporting Date: 05/31/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Likely
Start Date

05/20/2020

Stop Date

08/18/2020

Days Remaining

77

Security Type

Common Stock

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

188

% of Minimum Raised

1,315%

% of Maximum Raised

12%

Dollars Per Day to Reach Max

$12,188

DPD* Committed

$11,954

DPD* Category

$0

DPD* All Companies

$1,028

Kingscrowd Momentum

$131,498

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

IX Water, with a pre-money valuation of $13.1 million, is raising funds on StartEngine. The company uses its proprietary and environment-friendly technology to recycle industrially contaminated water. The patented technology of IX Water is at least 50% less costly and environmentally feasible. The systems remove 99.81% of the contaminants in water at less than 50% of the cost of traditional methods. IX Water was founded by John R. Deal and Randall Wilson in 2014. The proceeds of the current round of crowdfunding, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used to grow and expand the operations. IX Water’s proprietary technology was invented by scientists at Los Alamos National Laboratory, in collaboration with the University of Texas and New Mexico Tech. The company began its commercial sales program in 2019 and has received its first three purchases.

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