AquiPor Technologies, Inc.

Revolutionizing Stormwater Systems

AquiPor Technologies, Inc.

Revolutionizing Stormwater Systems

Spokane, WA
Clean Technology
Business to Business
AquiPor has developed an innovative permeable pavement technology that is poised to revolutionize stormwater infrastructure in cities throughout the U.S. AquiPor technology transforms roadways, curb lines, and sidewalks into permeable hard surfaces that can capture and filter rain right where it falls, replenishing the natural water cycle and helping eliminate pollution from stormwater runoff.

$228,717

raised
394
Investors
51
Days Left
$1.13
Price per Share
$19.4M
Valuation
Equity
Offering Type
$249.73
Min. Investment

$228,717

raised
394
Investors
51
Days Left
$1.13
Price per Share
$19.4M
Valuation
Equity
Offering Type
$249.73
Min. Investment

Bonus Rewards

Get rewarded for investing more into AquiPor Technologies, Inc.

$249+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Making It Rain
Invest $500+ and you will get you an additional 5% bonus shares and access to the AquiPor Insider quarterly newsletter.
$1,000+
Investment
The Big Wave
Invest $1,000+ and receive an additional 10% bonus shares, as well as a sleek AquiPor rain jacket, AquiPor t-shirt, and access to the AquiPor Insider quarterly newsletter.
$5,000+
Investment
Rocked Like a Hurricane
Receive 20% bonus shares and get early-adopter privileges for your small residential or light commercial project. Enjoy a project discount and access to AquiPor’s engineering team. $5K investors also get all of the perks from the preceding levels.
$15,000+
Investment
Poseidon
Receive 25% bonus shares and work with our design and manufacturing partners to have your project featured in our published feasibility studies as an exclusive AquiDrain demo. Poseidon investors also get all of the perks from the preceding levels.

Reasons to Invest

AquiPor’s proprietary technology is positioned to revolutionize a market that’s growing to $22B by 2026.
Our permeable hardscape material is much stronger than other permeable pavements and it is capable of handling 25 inches of water every hour, (far greater than any 100 year storm event).
We have already raised over $1M in funding from industry investors to successfully develop working prototypes..

Urban Flooding and Stormwater Runoff Pollution is impairing  our waterways

As cities have grown, natural landscapes have been replaced by massive amounts of impervious surface area that takes the form of streets, sidewalks, parking lots, and alleyways. Each time it rains, these surfaces contribute overwhelming levels of stormwater runoff. Instead of absorbing into the ground naturally, rainfall hits these surfaces and becomes stormwater runoff that inevitably picks up toxins and pollutants before discharging into ocean bays, lakes, rivers, and streams. Polluted runoff is destroying our waterways and diminishing water quality in cities throughout the U.S.


According to the Natural Resources Defense Council, over 10 Trillion gallons of untreated stormwater and sewage gets discharged into our waterways each year, making stormwater runoff pollution one of the most pervasive environmental issues that cities face today.


This issue is so severe that cities like Baltimore, have begun plans to rip up thousands of acres of concrete and asphalt to help eliminate runoff. And in cities like Los Angeles, billions of gallons of stormwater that could replenish groundwater, instead gets sent as waste to the Pacific ocean. 


Continued urbanization, increased average rainfall, and deteriorating urban water infrastructure is only making the problem worse.


Game-changing permeable paver material

AquiPor’s permeable hard surface material has the strength and durability of concrete, with water-permeability rates that allow large volumes of rainfall to pass through it naturally.  AquiPor material functions like a hard surface filter, capable of sifting out harmful pollutants and particulates that are problematic in stormwater. With sub-micron porosity, our material can filter stormwater without clogging from dirt and debris. Stormwater simply permeates through our material and subgrade, returning naturally to the ground below.


Our advanced solution to old-school materials is designed to be as durable as normal concrete, yet permeable enough to handle up to 25 inches of water every hour, helping to eliminate runoff at scale. 

*Image above are computer generated demo version of how the product will function. Product is still currently under development.

*The video above includes computer generated demo versions of how the product will function. The product is still currently under development.

Trillions* will be spent on US infrastructure improvements over the next decade

Over the next 8 years alone, the US is expected to spend $629B on capital expenditures pertaining to water infrastructure. 


In a recent survey elected officials in U.S. cities estimated a  $32 billion need specifically for stormwater infrastructure.


As more cities adopt Green Infrastructure approaches as part of their stormwater management plans, the projected value of the permeable pavement market is expected to eclipse $22 Billion 2026. 


*Source

Industry Defining Product Development and over $1M in funding secured 

Over the past four years we have been quietly developing material technologies and product solutions that are proving to be far stronger and more permeable than standard permeable pavement materials. 


Our portfolio of Intellectual Properties includes exclusive worldwide license rights to three separate process, utility, and design patents. These patent licensing rights represent new manufacturing technologies, as well as new ways to apply AquiPor material in existing cityscapes to achieve large-scale stormwater management.


With R&D nearly complete, we are preparing to enter the first manufacturing phase for our products, which can be produced by existing precast and paver manufacturing facilities.


To date, we have raised over $1M from industry insiders to help us expedite in-depth product and market R&D.


*These images all show different phases of our R&D cycles. Including pilot product manufacturing and cement technology testing.

AquiPor has exclusive worldwide licensing rights to the following US Patents: 9,943,791 (2018), 10,106,463 (October 2018) and 10,486,984 (January 2019). These patented technologies and processes enable us to produce strong, highly permeable hardscape material that is engineered with sub-micron porosity (to resist clogging). The patents also cover the use of AquiPor’s permeable material in an engineered design in public right of way applications, all of which required significant early capital and focused R&D which spanned over 4 years.


In addition to exclusive licenses to the U.S. patents, AquiPor also owns exclusive rights to PCT and National Stage filings of patents pending in key markets throughout the world, including Canada, Mexico, Australia, India, Israel, and the European Union. 


AquiPor is continually pursuing new technologies and intellectual properties to expand its innovation stack in stormwater management.

Paving the way to large-scale stormwater solutions 

AquiPor has developed more than just a new construction product. We have reason to believe that the characteristics of our material allow it to be applied in new engineered designs to enable large-scale stormwater management in cities, while augmenting existing cityscapes. We are currently in the research and development stage and have manufactured prototypes for our permeable pavers and engineered system designs.


Our last round of funding helped facilitate in-depth R&D, including a series of internal proof-of-concept studies. In these studies, AquiPor material exhibited the capability to consistently filter over 80% of total suspended solids found in stormwater, exceeding the Environmental Protection Agency’s threshold for basic water treatment.


We’ve also established supply, manufacturing, and end-user relationships while developing key insights specific to our markets. We feel poised to capitalize on the opportunity in front of us.

Dual revenue streams in licensing and contracting

Our highly adaptable and widely applicable Intellectual Property rights allow us to be equally flexible in our business model — through two main revenue streams:


Licensing


AquiPor is bolstered by intellectual properties that provide security and stability for future growth. As part of our growth plan, we intend to sub-license our technology to existing paver manufacturers, allowing them to manufacture new products using AquiPor technology. We estimate earning royalties on each unit produced and believe our technology will be rapidly adopted. The concrete paver market has well-established distribution channels and we see this being a robust business for us as we establish key channel partnerships in the industry. 

Engineering, Procurement, Construction, Management (E.P.C.M.) Contracting


While the licensing model shows great promise for our Company, we are also developing a business model in which AquiPor serves as a specialty contractor on large municipal and private stormwater projects. We anticipate tapping into vast sums of capital that are projected to be poured into water-focused infrastructure projects in the coming years. 

 

As an Engineering, Procurement, Construction, Management contractor, we will oversee the manufacturing, engineering, and construction of professionally designed “AquiDrain” systems in the public right-of-way, which is engineered and designed with our materials. We will garner a royalty for the management of each project. This horizontally integrated E.P.C.M. (Engineering, Procurement, Construction, Management) model is not currently employed in any meaningful way in the stormwater market and we see huge potential in this model. With nearly 1,000,000 miles of urban arterials in the U.S., we see tremendous potential for this model on large stormwater projects and we have activated large-scale supply relationships to satisfy expected demand.

Teaching old roads new tricks

People have tried for years to create a permeable pavement that can stand up to the wear and tear of cities and still filter stormwater cleanly back to nature. AquiPor’s innovative material represents a technology change event in permeable pavements. Unlike past attempts at permeable construction materials, we believe our technology is capable of scaling in revolutionary ways that will offer an efficient and environmentally conscious approach to water management. AquiPor is positioned to take the industry by storm.

An innovative approach to outdated infrastructure


Through intense R&D cycles, AquiPor has been able to create a new technology and process for producing permeable pavement material that greatly exceeds the performance characteristics of existing solutions. Our aim from day 1 has been to develop an industry-defining product that can help solve the stormwater issues that are so prevalent in our cities. Our technologies are proving to be innovative “firsts” in construction materials.

Improve Urban Water Quality with game-changing technology.

Effectively managing stormwater is the key to improving water quality in US cities. As cities turn to new approaches like green stormwater infrastructure, a massive market opportunity has emerged that is yet to be addressed at any meaningful scale — because the technology and approach hasn’t existed to make this possible...until now.


We are focused on bringing our green technology to cities all over the country in an effort to become the premier solution in on-site stormwater management.


We believe that we have the technology, the people, and the momentum to solve a real-world problem surrounding clean water. 

Be a part of solving real-world problems that can have an impact for generations to come

We are asking you to join the AquiPor team on our mission to help bring  infrastructure into the 21st century. Water is one of the most valuable natural resources in the world. The challenges presented by urbanization, climate change, and dilapidated infrastructure are stressing our clean waterways like never before. The challenge is great, but, the opportunity to make a difference is equally large.


Come along with us as we bring our proprietary technology to market in an effort to reshape the way we think about urban water management.

Entrepreneurs and industry professionals

AquiPor’s founders, advisers, and early investors form a team of gritty entrepreneurs and industry professionals that represent leadership in construction management, building materials, heavy civil contracting, mining, finance, and stormwater infrastructure. We believe we have assembled a team perfectly fitted to our mission of bringing scalable water management solutions to cities around the country.

Offering Summary


Company

:

AquiPor Technologies, Inc.

Corporate Address

:

4118 E. 33rd Ave., Spokane, WA 99223

Offering Minimum

:

$9,999.37

Offering Maximum

:

$1,069,999.26

Minimum Investment Amount

(per investor)

:

$249.73











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

8,849

Maximum Number of Shares Offered

:

946,902

Price per Share

:

$1.13

Pre-Money Valuation

:

$19,440,721.14











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

Further, in reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and August 31, 2020, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

Voting Rights of Securities sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Investment Incentives and Bonuses*

Time-Based:

Lead Investor Bonus

Invest within the first 72 hours and receive an additional 25% bonus shares. This is the best time to invest! 

Super Early Investor Bonus

Invest within the first week and receive 20% bonus shares. 

Early Investor Bonus

Invest within the first two weeks and receive 15% bonus shares.

Amount-Based:

$249+: Start Engine Owners Bonus

This offer is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below. 

$500+: Making It Rain

Invest $500+ and you will get you an additional 5% bonus shares and access to the AquiPor Insider quarterly newsletter. 

$1,000+: The Big Wave

Invest $1,000+ and receive an additional 10% bonus shares, as well as a sleek AquiPor rain jacket, AquiPor t-shirt, and access to the AquiPor Insider quarterly newsletter. 

$5,000+: Rocked Like a Hurricane

Invest $5,000+ and receive an additional 20% bonus shares, plus join an exclusive list of AquiPor early-adopters that get preference on our first permeable paver manufacturing runs for their specific residential or light commercial projects. “Hurricane” investors will enjoy an early-adopter product discount and get access to AquiPor’s design and engineering team. Investors will also receive an AquiPor t-shirt, rainjacket, and get access to the AquiPor quarterly newsletter.

$15,000+: Poseidon

Invest $15,000+ and receive an additional 25% bonus shares plus join an exclusive list of early visionaries that are helping develop the AquiDrain stormwater system. “Poseidon” level investors that bring their large residential, commercial, or municipal development project to us will join a preferred list of stormwater projects that we’ll address with our engineering, design, manufacturing, and installation partners for the AquiDrain. Installed projects will be featured in our published feasibility studies and marketed to demonstrate AquiPor’s stormwater innovation stack. Poseidon investors also get all of the perks from the preceding levels.

*AquiPor will need to have completed manufacturing feasibility and be into pilot production. The size, scope, and total cost of each project will be considered and projects that are deemed unfeasible will be disqualified. AquiDrain projects are best suited for large residential, commercial, or municipal development projects.

The 10% Bonus for StartEngine Shareholders

AquiPor Technologies, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.13 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $113. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

*All perks occur when the offering is completed.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$355,414.00 USD
$178,878.00 USD
Cash And Cash Equivalents
$184,511.00 USD
$527.00 USD
Accounts Receivable
$169,689.00 USD
$176,327.00 USD
Short Term Debt
$36,495.00 USD
$47,522.00 USD
Long Term Debt
$124,975.00 USD
$119,635.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$551,629.00 USD
-$357,062.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

$200K Milestone

4 days ago


Today we hit another important milestone in our Regulation Crowdfund as we eclipsed $200,000 in total capital raised. To say that we are grateful for your support would be an understatement!


We turned to crowdfunding in-lieu of venture capitalists because the power of hundreds of impact investors is much stronger than a few VCs accustomed to industry norms. We feel that our vision and mission is much too big for that. 


Just the other day I took a call from a small business owner informing me that he had just made an investment in AquiPor. He understood our technology and the role it can play in cities that are struggling with stormwater and urban flooding. He told me he was making a bet on the future, and thanks to this platform, he was able to get in early on a startup he thinks is promising. He hadn’t seen anything like this before, and now he’s spreading the word to his network. That’s the power of the crowdfunding community!


Since the beginning of this campaign, we’ve added numerous industry contacts from across the country ranging from developers, to engineers, to distributors, to water experts. Please keep spreading the word about what we’re working on. It’s working. Your support is like rocket fuel as we continue to work toward our funding and development targets!


We’ll be sure to check back soon with some development updates we are working on. Exciting things are ahead. 


Until then, thank you all. Onward!

AquiPor featured in The Rising

11 days ago

AquiPor featured in The Rising

After being in stealth R&D mode for the past few years, we aren't used to getting any press coverage, so we were happy with the recent article that the Rising wrote about us. The article was subsequently picked up by the American Society of Civil Engineers (ASCE) Smart Brief newsletter. 



The Rising focuses on sustainability, climate science, the environment, and businesses like ours working in these fields. 

Suffice to say, this is right up our alley and we look forward to being featured in many more articles like this in the future!


Let us know what you think, and as always, keep spreading the good word!

What AquiPor Technology Means

15 days ago

Investments aren’t abstract things, what we spend money on alters and changes the world around us. This crowd fund isn’t just about a material technology, it’s also a cause, a course correction and a statement about what we value. Listen to the Riverkeeper Jerry White talk about what stormwater does to the Spokane river, and what the potential for a new pavement material can mean for our natural environment. 



AquiPor answers investors FAQ's in Wack Weather podcast, episode one.

18 days ago

As we continue this Equity Crowd Fund, we've been asked a lot of great questions about the AquiPor technology and how it works.  We thought we would give you a quick podcast that answers some of the most frequent questions we've received so far.  Take a look, and please message us if you have any additional questions! 



First of its Kind.

23 days ago

When we began developing our technology, we knew the limitations of current permeable pavements on the market. Incumbent materials rely on large voids for water permeability, and these voids are known to become clogged with dirt, debris, and small fines, many of which are carriers of dissolved toxins and pollutants. With this in mind, we set out to develop a hardscape material that functioned more like a ceramic filter, with the capability of filtering out these pollutants and keeping them on the surface for easy cleaning. 




The pore size of our material is so small that capillary action actually pulls water molecules through the product and into the ground below. Still, to many people it’s inconceivable to have a pavement-like material that acts like a filter. So to prove this, we conducted a standardized water quality test that uses a synthetic stormwater pollutant in the form of fine silica powder (sil-co-sil 106). This short infographic explains the test and this short video above shows capillary action in real time. From what we’ve been told by industry experts, this looks to be the first material technology with these capabilities. More to come!



$100K Milestone!

about 1 month ago

Hello AquiPor investors, followers, and friends! We just surpassed $100,000 in total investments into our crowdfunding campaign and we are just getting started! Thank you!! 

This capital will help ignite our plan, and since we've never taken kindly to the status quo, it’s been fitting to raise our growth capital in this manner. Even with everything currently going on in the world, our investors are showing a commitment to building a better future with us and we have been inspired by the response to our campaign. We can’t thank you enough. 

We are deeply committed to building the technologies and solutions that can help our communities improve urban water quality and keep our rivers, lakes, and ocean bays clean. 

We are working hard on some new developments, so be sure to stay tuned for future updates. And please share our campaign with those people you think would be interested in the mission. The best is yet to come.

What Makes AquiPor Different?

about 1 month ago

Hello AquiPor investors and followers!

At AquiPor, we believe that the bigger the challenge, the bigger the opportunity. Suffice to say, the enormous water challenges that our cities face today represent even bigger opportunities for AquiPor to make our mark. After five long years of ceaseless R&D, we’ve finally arrived at a technology that we believe can be paradigm shifting in urban stormwater management.

For those of you that have invested, you have invested in much more than just a new construction product for backyard patios. We are developing our material technology to be the future of on-site stormwater management in cities. In the future, this material could be used in engineered stormwater designs that we haven’t even thought of yet!

What makes AquiPor material different is the pore size. We use a completely novel chemical technology approach to get material that is strong and permeable, but which features sub-micron porosity. It is capable of filtering out dirt, debris, and particle pollutants that are known to compromise existing permeable pavements.

For cities and developers, this means a small footprint, low-maintenance permeable surface design capable of managing stormwater runoff naturally, right within existing corridors.

As you can probably imagine, there are a lot of urban street miles in the U.S. So to be able to supply the market, we’ve been diligently lining up our supply chain and future manufacturing plans. We are working on some exciting developments to that end, which I’ll be sure to announce when I can.

In the end, big things are possible with the right combination of vision, technology, people, and capital, and your support at the outset of this launch has been incredible. Keep sharing our story and spread the word. We’re extremely thankful for that!

We've put together a short video to explain "The AquiPor Difference" and hope you'll stay tuned to our page for further updates. In the meantime, don’t hesitate to reach out with questions. Onward!



Welcome!

about 1 month ago

Hey everyone! 

Thanks so much to everyone who has invested, shared, and engaged with us at the beginning of this launch! We appreciate all of the feedback and support you’ve given us so far. It means more to us that you know. 

As investors, you are now part of a gritty team on a really big mission! 

I promise you, we’re just getting started. Over the next 90 days, you’ll be hearing a lot more from us...We want to keep you updated about what’s going on here at AquiPor, especially as we continue to develop our technology and products. We're are working on some exciting things that I'll be sure to update you on, but be sure to check back often to see what we’re up to. And don't hesitate to ask questions as they arise!

As we develop our technologies, we've maintained a commitment to rapid iteration and ceaseless testing which has resulted in hundreds of experiments over the years! Suffice to say we are excited to take the next step and bring our solutions to the world!





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