Carnot Compression

Sustainable oil-free air compressors

Carnot Compression

Sustainable oil-free air compressors

Scotts Valley, CA
Clean Technology
GreenTech
Carnot Compression has patented a method for solving the ‘heat of compression’ problem, and in the process has developed a means to drastically cut down on billions of dollars worth of wasted operating costs across a bevy of industries.

$581,658

raised
764
Investors
$11.3M
Valuation
$1.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
25
Days Left

$581,658

raised
764
Investors
$11.3M
Valuation
$1.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
25
Days Left

Rewards

Get rewarded for investing more into Carnot Compression:

$250+
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
Investor Community Access
Receive periodic updates from our executive team on key developments and major milestones.
$2,000+
Investment
20 Horsepower
Receive 3% bonus shares.
$5,000+
Investment
50 Horsepower
Receive 5% Bonus Shares + 30-minute call with our executives to discuss the company.
$10,000+
Investment
100 Horsepower
Receive 5% Bonus Shares + $1,000 rebate on a future compressor purchase.
$25,000+
Investment
250 Horsepower
Receive 5% Bonus Shares + $1,500 rebate on a future compressor purchase.

Reasons to Invest

Compressors driven by electric motors consume $227B every year in electricity; Carnot has a roadmap for reducing these costs by 20% or more
Carnot has assembled leading experts from all over — including engineering PhDs, compressed air marketing veterans, and product development professionals
Huge Market - Compressed air will soon be a $40.43B market

The Problem


12% of U.S. industrial sector electrical consumption goes to powering air compressors


Oil-free compressed air is a must-have for many facilities in sectors like manufacturing and scientific research, automotive painting, food and beverage, and more. In several of these places, their air purity is of the utmost importance, as any small presence of oil could cause massive damages in lost product, contamination, downtime, and other setbacks.

Traditionally, people who only need low horsepower oil-free air compressors (especially the 5-30 horsepower range) are limited to machines with so many moving parts that maintenance is extremely difficult — this means the machines themselves do not last very long.


Carnot's proprietary technology cuts down on the total cost of ownership; eliminating the need for frequent routine service visits. The minimal amount of moving parts reduce service costs and increase uptime.


Compressors are also massive drains on companies' finances — guzzling an estimated $227B every year in energy costs. Additionally, our oil-free air compressors eliminate the possibility of oil contamination in the air, saving companies the worry of possible leakages that could cause product contamination.

The Solution


We’ve found a more efficient and reliable solution that should cut costs by 20% or more

Carnot has developed a patented process that is capable of compressing air in an isothermal manner. This allows for a constant temperature and improves the technology to one, single moving part.


By efficiently capturing the heat from compression, we’re able to greatly reduce the operating cost — and thanks to the simplicity of our design — total costs of ownership are driven down, allowing our customers to focus on their core competencies.

The Market


The potential for widespread applications for our technology means access to multiple markets

Air compressors make up a growing market that's projected to pass $40B by 2025, with the oil-free compression segment representing around a third of the sector. Worldwide, it is estimated that compressors account for over 30% of electricity demand for electric motors

Our Traction


A robust IP portfolio and commercial validation

Since forming the company in 2014 we’ve steadily developed our technology through a series of component tests, prototypes, and patents, leading to a pre-commercial prototype that is currently being tested under a grant from the California Energy Commission.


Our progress has been fueled by multiple million-dollar grants from the National Science Foundation and the California Energy Commission (in partnership with the Gas Technology Institute),  Funding from these grants has helped accelerate our development to its current near-commercial state. Additionally, we have invested in filing five patents to protect our intellectual property. 

Our Product


Oil-free compression with low operating cost and continuous operation

The CarnotTM Compressor uses a centrifugal process to compress gas/liquid emulsion, separating out the compressed gas and recycling the working liquid, while keeping a low internal temperature.


The low temperature means that our system is able to generate a large amount of compressed air with high operational efficiency.

Stage of Development

Industrial machinery takes time to develop. Our team has steadily developed the technology from benchtop proof of concept of the compression principle to a fully-integrated oil-free air compressor prototype. 3rd-party validation of the disruptive potential of the technology is evidenced by grant funding from the National Science Foundation and the California Energy Commission.

The progress made to date has positioned us to apply the lessons learned from the current test phase to the next design iteration, which we anticipate selling directly to customers.  

The Business Model


We will sell to niche markets and help them dramatically cut costs

Within the next year we plan to enter into niche markets around the country and begin selling directly to customers. We believe that our value proposition will enable us to gain traction in a premium-priced market.

Current oil-free air compressors in the 10 horsepower range sell for upwards of $17,000. After our market entry, we believe that a successful operating history and low maintenance costs will enable us to offer premium pricing and build customer loyalty.

How We Are Different


Nobody else has our isothermal process

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We set ourselves apart from all competitors with our patented platform technology. Our process is capable of achieving high pressure rises in a single stage of compression, at low heat, and on a 100% duty cycle.


The CarnotTM Compressor will be an attractive product for customers in all industries due to our ability to help minimize total ownership costs of the unavoidable, fifth utility.


This competitive advantage is protected by a deep IP portfolio of issued and filed patents, pending trademarks, and trade secrets.

The Vision


The most reliable, cost-effective option on the market

After our market entry we believe that consumers will quickly develop a heightened awareness of the CarnotTM Compressor, as the best product in the oil-free market.

 

Our first offerings will be in the 5-25 horsepower range and we will scale up to 100 horsepower in the next five years.

Our focus will also include finding the right market-fits for a broader range of applications within the life science, semiconductor, and food industries.

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Our Team


Bringing together industry vets and visionary engineers

Our personnel is made up of a diverse group with decades of complementary experience, ranging from 25 years of Finance and Corporate Development (CEO Todd Thompson), operations management (COO Hans Shillinger), product development (VP Engineering Chris Finley) to a Stanford post-doc (Senior Engineer Dr. Christophe Duchateau). 


We’ve also brought along direct industry experience with our Sales and Marketing Director, Kurt Schoeller, who spent 15 years in the air compressor sales and service realm. 


With this level of inside knowledge, innovative expertise, and business experience, we have been able to successfully drive our product to market, and are positioned to make a major splash in the next year.

Why Invest


Innovative product with multi-faceted market potential, all backed by an adept team

We believe the dynamic nature of our key technology allows Carnot the opportunity to disrupt the current state of our initial target market, while simultaneously penetrating a variety of other sectors. The many available industry applications will allow Carnot Compression to generate a steady cash-flow and rapidly scale.


Carnot Compression has built a team and product that are situated to conquer the compressed air market. The revolutionary and impactful CarnotTM Compressor, combined with our exceptional team will be a huge upset to a stagnant market that has been in need of some fresh ideas for years.   

Quick Insert

Offering Summary


Company

:

Carnot Compression Inc.

Corporate Address

:

5610 Scotts Valley Drive, Ste. B513, Scotts Valley, CA 95066

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

10,000

Maximum Number of Shares Offered

:

1,070,000

Price per Share

:

$1.00

Pre-Money Valuation

:

$11,332,182.00











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

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.

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.

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).

Perks and Investment Bonuses*

Time-Based Rewards:

Visionary

First 72 Hours │15% Bonus Shares

Pacesetter

Next 4 Days│10% Bonus Shares

Trendsetter

Next 7 Days│5% Bonus Shares

 

Amount-Based Rewards:

$500+ | Investor Community Access

Receive periodic updates from our executive team on key developments and major milestones

$2,000+ | 20 Horsepower

Receive 3% bonus shares 

$5,000+ | 50 Horsepower

Receive 5% Bonus Shares + 30-minute call with our executives to discuss the company

$10,000+ | 100 Horsepower

Receive 5% Bonus Shares + $1,000 rebate on a future compressor purchase

$25,000+ | 250 Horsepower

Receive 5% Bonus Shares + $1,500 rebate on a future compressor purchase

 

*All perks occur after the Offering is completed.

The 10% Bonus for StartEngine Shareholders

Carnot Compression 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 / share, you will receive 110 common stock shares, meaning you'll own 110 shares for $100. 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.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Any expense labeled “Travel and Entertainment”. Salary payments made to one’s self, a friend or relative. Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$413,763.00 USD
$495,432.00 USD
Cash And Cash Equivalents
$17,472.00 USD
$8,581.00 USD
Accounts Receivable
$0.00 USD
$140,220.00 USD
Short Term Debt
$778,439.00 USD
$314,638.00 USD
Long Term Debt
$35,746.00 USD
$68,568.00 USD
Revenues And Sales
$51,593.00 USD
$811,760.00 USD
Costs Of Goods Sold
$222,446.00 USD
$618,456.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$892,866.00 USD
-$15,625.00 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

Notice of Funds Disbursement

3 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

CEC Grant Funding--Press Release and More Details

17 days ago

All,

We published a press release on our proposed funding award from the CEC.  You can read the full release here.

Here are some additional details on the project objectives, which are straight from our project proposal:

  1. Perform applied research and development to improve the air-end components of the Carnot Compressor.
  2. Apply the improved air-end components in a fully integrated 15 HP Beta version Carnot Compressor.
  3. Demonstrate the Beta version in a relevant operational environment.
  4. Demonstrate the Carnot Compressor at scaled-down (5 HP) and scaled-up (25 HP) applications in relevant operational environments.
  5. Perform applied research and development on the complete system incorporating lean design techniques to enable a commercially viable product with a competitive manufacturing cost at commercial launch.
  6. Apply the research findings to enable commercializing the Carnot Compressor in the 5-25 HP market.
  7. Apply the research findings to enable scaling the Carnot Compressor to larger HP applications.

We are excited about the funding runway this grant will give us upon final approval.  We have lined up some world-class partners to help us achieve our objectives as well, specifically on the optimization and lean design objectives.  While the CEC grant will be a major source of funding once awarded, match funding is a requirement and we are continually seeking to broaden our investor base and appreciate your support!

--The Carnot Team


Breaking News--Carnot Compression Receives Notice of Proposed Award from the California Energy Commission

19 days ago

We are thrilled to announce that the California Energy Commission has selected and recommended Carnot Compression for funding of 

$2,028,350.  We are thrilled and also humbled by the ongoing support from the CEC for this non-dilutive grant funding.  Key elements of the project are to test multiple compressors in customer operating environments in California.  Please note that funding of the project is contingent upon approval at a publicly noticed CEC business meeting and execution of a grant agreement.  

You can find this public notice of award on the CEC's website in the document beginning GFO-20-301 Round 3 NOPA


--The Carnot Team


Notice of Funds Disbursement

21 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

$550K+ Thank You

27 days ago

Just a quick note to say THANK YOU to the 741 investors who have helped us surpass $550K in committed investments!  Stay tuned for updates on our Beta units in the near future!


--The Carnot Team

Notice of Funds Disbursement

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

$500K Raised!

about 2 months ago

We are excited to announce we've crossed $500,000 in committed investments!  Thanks to the 715+ investors who have made this happen.  Let's keep the momentum rolling!

Notice of Funds Disbursement

2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

3 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Carnot Compression offering. Here's an excerpt describing the specifics of the change:


Issuer is extending the campaign end date by 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Let's get to $500K!

3 months ago

We are so excited to have over $485,000 of committed investments from over 700 investors!  Let's keep the momentum going and cross the $500K mark!

Thanks,

--The Carnot Team

Trademark Registered!

3 months ago

Hi everyone,

We're happy to announce that the USPTO has officially registered the CARNOT trademark for centrifugal and gas compressors.  Our IP portfolio keeps growing!



Notice of Material Change in Offering

3 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Carnot Compression offering. Here's an excerpt describing the specifics of the change:


Issuer is extending the campaign end date by 30 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Funding Strategy Update

4 months ago

Hi everyone,

Just a quick note to provide some context on our long-term funding strategy.  In addition to the StartEngine raise we are building a pipeline of customer-funded field tests.  We also are pursuing multiple grant funding programs for product development and commercial deployment.  With the increasing focus within industry and government on sustainability and decarbonization we believe there will be many ways to fund development and commercialization in addition to our equity raise.  An important point to note is that many of these grant programs require match-funding.  This is where your investment is so important, it opens up many other ways to drive our growth!  We will continue to provide updates as we progress.

--The Carnot Team

NewChip Demo Day Presentation

4 months ago

Hi Everyone, it took a while but we finally have the NewChip Demo Day presentation available.

You can click here to access the recording in Vimeo.

We hope the details discussed here get you excited about the incredible opportunity we have in front of us.

Thanks for your support!


--The Carnot Team




Technology Update

4 months ago

Hi Everyone,

We are making great progress with our testing and development!  Our alpha unit has well over 200 hours of run-time on it and has proven full functionality in an operational environment.  We have also been testing many new and improved "air-end" designs in our test bed that we will be implementing into our beta units.  Every day we get a step closer to unlocking the technology's full potential. It's about to get really interesting!

 Below is a picture of Chris with our test bed.



Best,


--The Carnot Team

$450K Thank You!

4 months ago

Thanks to all of the investors who have helped us reach the $450K milestone!  Your support is certainly appreciated and has helped us continue to advance our technology.  

--The Carnot Team

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Still time to sign up for our NewChip Demo Day Presentation

5 months ago
We’re really excited to be speaking this Thursday at Newchip's Online Demo Week.  Registration is free!
Click the event link below to secure your spot:
https://lnkd.in/dNPn7r8

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Carnot Compression to Present at NewChip Demo Week

5 months ago

Newchip’s Online Demo Week will be here before we know it!  We’re really excited to be participating this May and are looking forward to pitching, engaging with investors, and listening to speakers and thought leaders in our industry. 

 We'll be sharing our current pitch deck with viewers to gather feedback, learn from leaders in the startup ecosystem, and ultimately connect with investors who are seeking new funding opportunities. This entirely free digital event will be taking place from May 24th-28th. We will be airing out the pitch as part of the Industry - Advanced Materials, Structures, Manufacturing, Hardware, Industrial Technology block on May 27th at 3:20PM Central Time.

 As we get closer to the event, we would like to keep our followers updated on our journey and hope to have you tune in to watch live starting at 10 am CDT Monday through Friday 

 Click the event link below to secure your spot:

https://www.eventbrite.com/e/newchips-may-2021-online-demo-week-tickets-148273222199?aff=erelexpmlt

  

Can’t wait to see you all there! 

$400K!!

6 months ago

Many thanks to our 640+ investors!


Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

6 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Carnot Compression offering. Here's an excerpt describing the specifics of the change:


Carnot Compression Inc. is extending the campaign end date by 90 days and adding new financial statements.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Alpha Unit Moving to Field Testing

7 months ago

We are excited to announce that we have moved our Alpha unit into the field test phase.  Over the last several months we've steadily ramped up testing from limited run times up to continuous operation of over 9 hours in our lab.  We have well over 100 hours of cumulative operation on this device.  The unit will now operate in an industrial location, supplying oil-free compressed air to a light manufacturing facility.

Here is a picture of the unit with the data acquisition system and external heat exchanger at our shop prior to the move:


Here is the unit in transit:


And here it is being wheeled into the compressor shed at the customer site.



We are looking forward to the extended field test period for the unit.  Thanks to all of our investors for helping us get to this point!

Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Major Changes to Reg CF!

7 months ago

We are happy to share some major changes to the Reg CF regulations that took place today.  The StartEngine Team has a nice synopsis of the rule changes here.  

Not only can companies raise more, but investors can invest more too. The March 15th changes mean that when investing in Regulation Crowdfunding offerings:

  • Accredited investors no longer have investment limits and can invest as much as they want in Regulation Crowdfunding offerings
  • Non-accredited investors can use the greater of their annual income or net worth when calculating their investment limits (previously investors’ limits were calculated using the lesser of the two).

We are excited that these changes will help us achieve our mission of bringing the most efficient compressor technology in the industry to market!


Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Over $350K raised from over 550 investors!

8 months ago

Thanks to all of our investors who have enabled us to bring our technology to market!



Understanding the True Cost of Air Compression

8 months ago

Did you know that air compressors typically cost more each year on energy and maintenance than they do on the purchase price of the machine?  If you'd like to learn more about how the Carnot Compressor is disrupting the $40+ billion air compressor industry, please visit our website to download our new white paper.




CARNOT COMPRESSION BRINGS INNOVATIVE AIR COMPRESSOR TO ONE OF AMERICA’S OLDEST INDUSTRIES

9 months ago

We are thrilled to announce that we are commercializing our technology in the dairy industry!  This commercial sale to a century farm in Oregon is a critical milestone as we execute our plan for a full product launch later this year.  You can read the full press release here.

Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

2020 Year in Review

9 months ago

Many thanks to the over 500 investors who have helped us raise over $320,000!  We've published our 2020 Year In Review  which provides an update on several fronts.  If you are an investor in Carnot you should have received this in your email on file.  Please make sure to add @carnotcompression.com to your safe sender list if it wasn't received.


Notice of Material Change in Offering

9 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Carnot Compression offering. Here's an excerpt describing the specifics of the change:


Carnot Compression Inc. is extending their campaign by 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Carnot welcomes Daniel Lubs as Technical Advisor

12 months ago

Hi everyone,

We're excited to share that Daniel Lubs has joined us as a technical advisor.   Daniel brings compressor industry experience ranging from full product design to product delivery.  Daniel is versed in CNC programming & CAD design, and has a vast knowledge in everything PLC’s and machinery communications. With that knowledge and his metal fabrication background he took to the alternative fuel industry working at CNG Source as VP of Engineering, where he has designed and installed high pressure natural gas fueling stations. Designing and testing compressors from the block up he has been able get a true insider knowledge into the compression world from multiple aspects. Daniel graduated from Purdue University with Mechanical Engineering Technology degree in 2010.


Welcome Daniel!

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Notice of Funds Disbursement

12 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

SILICON VALLEY-BASED START-UPS DRIVING INNOVATION IN ENERGY, OIL, & GAS

12 months ago

We are honored to be featured as a disruptor in the energy industry by Frost & Sullivan.  Please see the short description below:

Frost & Sullivan’s Oil & Gas Innovation Council invites those looking to benefit from innovation and disruption within the energy technology and oil and gas technology industries to join Rasholeen Nakra, a Frost & Sullivan Senior Industry Analyst, and a panel of Silicon Valley-based start-up companies that will showcase their solutions, impacts on the industry, and their journeys to investment and widespread industry adoption.

Please join the event on November 4th!

https://ww2.frost.com/oil-gas-council/events/silicon-valley-based-start-ups-driving-innovation-in-energy-oil-gas/

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Carnot Compression offering. Here's an excerpt describing the specifics of the change:


Carnot Compression is extending their campaign by 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

We Keep Innovating!

about 1 year ago

We are hard at work improving our technology and wanted to share an important update.  We have successfully tested an alternative arrangement for managing the heat that our compressor generates.  The new arrangement:

1.    Gives our customers the ability to utilize the warm water leaving our compressor for on-site uses.  This option means that nearly all of the energy driving the compressor is utilized, providing further value to customers.

2.    Enables us to control the compressor temperature in a very low cost manner.

3.    Provides a ‘base package’ with a very small footprint for the compressor.

How do we do this?  Cool, filtered water enters the compressor on a continuous basis and a small portion of warm water exits.  The warm water is either directed to an on-site use or run through an external heat exchanger.  The heat exchange component is sourced at very low cost, and requires minimal energy consumption for us to maintain a low output temperature for our compressed air.  We are making progress every day to disrupt a massive industry!  Check out the pictures below!



Carnot Compression Presents at Startup Investment & Community Capital Conference.

about 1 year ago

Carnot Compression was a featured company at the Startup Investment & Community Capital Conference.  Thanks to the Institute for Innovation and Economic Development and CSU Monterey Bay for putting together a great virtual conference.  To watch our session, check out the page below.  All of the sessions are now free to access but you will need to create an account.  Our presentation is Day 1, Session 4, approximately 18:30 into the session.

https://expo.siccmonterey.com/day-1-session-4/

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Updates from the shop

about 1 year ago

Hi Everyone,

We wanted to share some updates on progress our team is making at our shop in Reno.  Thanks so much to the 380+ investors in our round!   Your investments have enabled us to upgrade our test units, leading us ever closer to commercialization.    Below are some pictures of parts we have recently purchased or fabricated ourselves with your support.

 

 

A picture containing table, cup, sitting, food

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We are currently testing 2 compressor prototypes in parallel, which are pictured below.  One of these units (back, left) is in the lab test phase, where we are steadily ramping up operating hours.  This unit will eventually be the very first Carnot Compressor to be tested at a customer site. The other device is a test bed that enables us to test different design elements.  We are working hard every day to bring our product to market.  Thanks again for your support!

A person standing in a kitchen preparing food

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Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

$200K Thank You!

about 1 year ago

Hi Everyone, we just wanted to say Thank You! for helping us pass the $200K mark on our campaign!



American Society of Mechanical Engineers Features Carnot Compression

about 1 year ago

Many thanks to the 300+ new investors in our campaign!  We appreciate everyone's support in helping us advance our mission to reduce the carbon footprint of compressors.  

The American Society of Mechanical Engineers (ASME) just put out a nice feature on Carnot. 


You can find the article here.


ASME is a not-for-profit membership organization that enables collaboration, knowledge sharing, career enrichment, and skills development across all engineering disciplines, toward a goal of helping the global engineering community develop solutions to benefit lives and livelihoods. Founded in 1880 by a small group of leading industrialists, ASME has grown through the decades to include more than 100,000 members in 140+ countries. Thirty-two thousand of these members are students.

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Carnot Compression offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

$150K Thank You!

about 1 year ago

Hi Everyone, we just wanted to say Thank You for helping us pass the $150K mark on our campaign!



Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Carnot Compression Featured in Interesting Engineering

about 1 year ago

Thanks to the 200+ new investors in our campaign!  We appreciate everyone's support in helping us advance our mission to reduce the carbon footprint of compressors.  

Interesting Engineering did a nice feature on Carnot Compression.  They dive into the history of our inspiration a bit going back to 16th-century trompe compressors used in Catalonia.  You can read the article at the link below.


https://interestingengineering.com/company-creates-sustainable-16th-century-inspired-air-compressor 


Carnot Compression Featured on The Small Business Network Episode 36

about 1 year ago

Check out the nice feature on us by The Small Business Network.  You can find it here on the ConnectSBN website or here on Facebook.  



Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Carnot Compression Featured in New Atlas

over 1 year ago

We've passed $100K!  We appreciate the support of our 176 (and growing) new investors.  New Atlas just did a nice feature on Carnot, you can check it out here:

https://newatlas.com/good-thinking/carnot-centrifugal-air-compressor/ 


Todd Thompson discusses the various ways Carnot has funded its business on Fundraising Radio.

over 1 year ago

Over 150 investors and growing!  We appreciate your support.  If you would like to learn more about the various ways Carnot has funded its growth over the years please check out Todd Thompson's podcast on fundraising radio.

https://www.fundraisingradio.com/Todd-Thompson/

Todd Thompson on NGV World Podcast

over 1 year ago

Over 100 investors and growing!  Thanks for all of your support.  If you would like to learn more about the Carnot story check out the NGV World Podcast hosted by Ricardo Carmona.  


http://ricardocarmona.io/episode20/ 


Best,


Todd

Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Carnot Compression has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Carnot Compression be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

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