Hydro Wind Power on Republic 2022

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Hydro Wind Power on Republic 2022


Valuation Cap

$120,000,000

Reporting Date

11/23/2022

Probability of Max

Momentum

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Location

San Francisco, California

Trade

Power, Energy, & Pure Assets

Hydro Wind Power, with a valuation of $120 million, is elevating funds on Republic. The corporate has developed a extremely revolutionary know-how, OceanHydro Omni, to harness offshore wind. The know-how, mixed with the facility of subsea oceanic strain, offers dependable, clear, and low-cost vitality and vitality storage. The opposite merchandise of Hydro Wind Power embrace SubSea RO Wind and QuenchSea for seawater desalination. Lee King, Maryam Hassani, Hayk Vasilyan, Abdulla Ghaly, and Laura Dryden based Hydro Wind Power in July 2020. The present crowdfunding marketing campaign has a minimal goal of $25,000 and a most goal of $4.25 million. The marketing campaign proceeds can be used for progress and enlargement.

Abstract Revenue and Loss Assertion

Income

$184,463

$0

COGS

$67,189

$0

Tax

$0

$0

 

 

Web Earnings

$-349,346

$-213,076

Abstract Stability Sheet

Money

$333,300

$135,666

Accounts Receivable

$0

$0

Whole Property

$1,054,547

$425,066

Quick-Time period Debt

$1,369,256

$429,225

Lengthy-Time period Debt

$34,555

$106,870

Whole Liabilities

$1,403,811

$536,095

Financials as of: 11/23/2022

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Increase Historical past

Hydro Wind Power 01/22/2023 Republic $120,000,000 $0 SAFE
Lively
RegCF
Hydro Wind Power 09/22/2022 StartEngine $119,643,700 $148,657 Fairness – Widespread
Funded
RegCF
Hydro Wind Power 04/30/2022 Republic $70,000,000 $529,590 SAFE
Funded
RegCF

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