ORPC on NetCapital

ORPC turns water currents into clean, predictable, renewable energy with zero carbon emissions.

Raise to date: $623,788

Reporting Date: 07/31/2019

Key Stats

Minimum Raise

$10,010

Maximum Raise

$1,069,992

Likelihood of Max Unlikely
Start Date

03/14/2019

Stop Date

07/25/2019

Days Remaining

Closed

Security Type

Common Stock

Investment Minimum

$110

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

Not Known

% of Minimum Raised

6,232%

% of Maximum Raised

58%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$4,690

DPD* Category

$1,579

DPD* All Companies

$786

Kingscrowd Momentum

$623,788

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

ORPC, the developer of a new hydropower technology, is raising funds on NetCapital. The company has a post-money valuation of $37.17 million. ORPC is an innovative energy company offering a zero carbon solution to energy needs. It uses water currents to extract clean and renewable energy, thereby reducing carbon emissions. ORPC was founded by Christopher R. Sauer, along with two colleagues, in 2004. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $9,999,990, and the proceeds will be used for the growth of the first product, RivGen, and the development of the second product, TidGen. ORPC has already received numerous awards and accolades and is in the list of Top 10 World’s Most Innovative Energy Companies.

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