Nimbus

Powering The World With Light

Nimbus

Powering The World With Light

San Francisco, CA
Clean Technology
Using advanced energy transfer technology to power heavy-duty industrial automation. Our vision is to power modern civilization with light, dramatically altering the future of energy technologies across the industrialized world.

$263,575

raised
101
Investors
$50M
Valuation
$3.89
Price per Share
$248.96
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$263,575

raised
101
Investors
$50M
Valuation
$3.89
Price per Share
$248.96
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into Nimbus:

$248+
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.
$1,000+
Investment
Tier 1
Invest $1,000+ and receive 5% bonus shares
$2,500+
Investment
Tier 2
Invest $2,500+ and receive Power Relay System + 10% bonus shares
$10,000+
Investment
Tier 3
Invest $10,000+ and receive 15% bonus shares
$25,000+
Investment
Tier 4
Invest $25,000+ and receive 20% bonus shares

Reasons to Invest

Amazon: Currently negotiating robotics project with Amazon
Revenue: Generated hundreds of thousands in revenue to date
DARPA: Awarded 2022 Phase I contract for advanced air-to-air laser power transmission technology


Powering the world with light

Nimbus Engineering is disrupting wireless power technology. Nimbus’ patented Power Relay Technology harnesses the energy of LED and solar light to power warehouse robotics and electric vehicles, unlocking a new future in clean energy. We take pride in being a green energy company.





The Problem


The booming e-commerce market strains industrial robotic lifecycles making maintenance expensive and inefficient 

Industrial automation is a powerful tool in the expanding e-commerce industry, but the batteries used to power this automation are expensive, require downtime to recharge, and are inefficient for long-term use. Industrial robotic battery life cycles are finite and the battery is disposed of afterwards. This has a direct impact on the planet and the bottom line.



The Solution


A revolutionary energy technology that’s lighting the way for a better tomorrow

We believe Nimbus has developed the ultimate charging solution for industrial automation with clean energy. Our Power Relays use light to wirelessly transmit energy. With our proprietary Power Relay, an LED spotlight can transmit energy over 50 feet where it is converted into electricity. This allows warehouse robots to be recharged over far distances and work 24/7 without ever having to stop and charge at a dock.


Nimbus Power Relays leverage unique technology, using light to transmit high power across long distances.


A new system of moving energy in a renewable way



A typical robot battery pack utilizes 1 kWh of Lithium-ion batteries. The creation of this battery pack results in 150 kg of CO2 being put into the atmosphere. Hundreds of thousands of bots means hundreds of millions of kg of CO2 pollution.


Nimbus Power Relays can dramatically increase the health of batteries — making them last up to 5 times longer,  offsetting environmental impacts and preventing the need for an additional robot unit — a cost savings of $50K or more. 


Our Business Model

Nimbus can be as nimble and unique as our customers need. We are able to engage in custom projects to build solutions for customers’ specific systems.


Nimbus sells hardware to major retail corporations with a monthly subscription fee, and also delivers custom projects to build solutions for specific systems. Nimbus Relays can operate for 15+ years, providing strong recurring revenue streams under the subscription model. Total cost per project for our customers typically ranges from $200K-$500K, with hardware units ranging from $5 to $50K. A standard automation customer may have 50 warehouses, which translates to an estimated $10M in hardware Relay sales per warehouse — a $500M addressable demand.


 

The Market


Electrifying the renewable wireless power market

The e-commerce market is currently at $3.5 trillion, and projected to reach  $7.5 trillion by 2026. This brings an increasing need for warehouses and robotic automation - which require batteries and charging solutions. The adoption of new wireless power solutions will be critical in differentiating the most successful players from those using old plug-in solutions.



The industrial automation market alone is valued at over $179B in 2020 and is slated to hit $355B by 2028. Our product can go beyond both the e-commerce and the industrial automation markets. We can reach consumer electronics, electric vehicle charging and more, and we have the only known patents in the world for this technology.

Our Traction


Unique patents granted and Fortune 100 customers secured

Nimbus is currently deploying Power Relay Technology for major commercial adoption in the industrial sector and we have additional products being developed for the consumer market.



Why Invest


Be a part of the future of clean energy technology across multiple sectors


Nimbus’s goal is to be one of the world’s most advanced energy technology firms. We have developed a new way of moving energy in a renewable way. Power Relay Technology is a fundamental new breakthrough in energy transmission with an enormous range of future applications. Our short-term market penetration into industrial automation of warehouses and manufacturing is naturally leading to the powering of electric forklifts and small EVs. Eventually, we will power robotic fleets and delivery vehicles using relay technology, eliminating the need for stationary charging.


In the Press

LinkedIn

Engineer's Spotlight Q&A: Alex Diggings

unwired

Persistent High-Power Wireless Energy for Industrial-Scale Systems

WEVOLVER

Powering Autonomous Robots with Light

WEVOLVER

Wireless Power Unlocked Through Volumetric Absorption

Offering Summary


Company

:

Nimbus Engineering Inc.

Corporate Address

:

2030 Vallejo St, Unit 803, San Francisco, CA 94123

Offering Minimum

:

$9,997.30

Offering Maximum

:

$1,069,998.96

Minimum Investment Amount

(per investor)

:

$248.96











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

2,570

Maximum Number of Shares Offered

:

275,064

Price per Share

:

$3.89

Pre-Money Valuation

:

$49,962,187.50











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

Company Perks*


Early Bird

Friends and Family - First 72 hours | 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Volume

Tier 1 Perk — Invest $1,000+ and receive 5% bonus shares

Tier 2 Perk — Invest $2,500+ and receive Power Relay System + 10% bonus shares

Tier 3 Perk — Invest $10,000+ and receive 15% bonus shares

Tier 4 Perk — Invest $25,000+ and receive 20% bonus shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Nimbus 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 $3.89 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $389. 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.

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.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

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: Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$86,336.00 USD
$71,341.00 USD
Cash And Cash Equivalents
$54,628.00 USD
$33,559.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$2,088,530.00 USD
$1,521,525.00 USD
Long Term Debt
$2,088,530.00 USD
$1,521,525.00 USD
Revenues And Sales
$0.00 USD
$150,000.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$552,621.00 USD
-$345,485.00 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

3 Technologies That Are Going to Change Everything

4 days ago

May 18th, 2022 – This week, Nimbus was featured in a new article by Caleb Naysmith, “3 Technologies That Are Going To Change Everything”. In his article, he discusses the importance of energy storage innovation and... *cough* *cough* … light based energy transfer.

 

Graphical user interface, text, application

Description automatically generated

 

Caleb is an Army Reserves Officer turned writer (and current law student), who covers equity crowdfunding / startups / investing, and runs a Facebook group specifically focused on StartEngine-listed companies.   

 

We couldn’t agree more with Caleb’s assessment, but it’s safe to say we could carry a bias. So, what do you think? Leave us a comment below. 

 

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

100 Investors!!!

6 days ago

May 16th, 2022 – Just this morning, we received our 100th investment, bringing our total raised to over $238k, and an average investment size of $2,380 – nearly 10X our minimum investment size! Thank you all for investing in Nimbus!

 

It’s great to see such strong momentum this early in our campaign. Our mission to replace conventional wired charging methods with cleaner, more functional light-based alternatives is becoming a more and more of a reality with every new investment we receive.

 

A picture containing text, indoor, desk

Description automatically generated

 

Lastly, to both our early and repeat investors, thank you for your continued support. Stay tuned for more exciting updates in the coming weeks!

 

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

Month 2 - $230k Raised!

11 days ago

May 11th, 2022 – To our newest investors, we welcome you to the Nimbus Family! We’re ecstatic that you’ve decided to join our community. 

 

Month 2 of our campaign has brought along some great milestones. As we already announced last week, we’ve entered a partnership with WiGL to provide hardware for an upcoming DoD event (WiGL World Fair 2.0) scheduled later this year (2022). 

 

Additionally, we’ve now raised over $230k from over 90 investors… WOW! We’re pumped at the momentum we’ve been able to generate with all your support! If you haven’t invested but are on the fence… what are you waiting for?!

 

Lastly, we’re gearing up to kick off our first Department of Defense contract in the coming weeks – more details to follow. STAY TUNED! 

 

Over and out.

 

Graphical user interface, application

Description automatically generated

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

Our CEO Interview Featured on KingsCrowd!

17 days ago


 

May 5th, 2022 – A few weeks back our CEO, Will Diggins, took the time to sit down with Yasmin Sharbaf and her team over at KingsCrowd to discuss how Nimbus got started and how we view the future of wireless power. Click here to check it out! 

 

Graphical user interface, application

Description automatically generated

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

Nimbus Engineering Enters Partnership with WiGL, Inc.

19 days ago

A picture containing diagram

Description automatically generated

May 3rd, 2022

 

Nimbus is thrilled to announce it has entered a partnership agreement with WiGL, Inc. to demonstrate its light-based Power Relay technology on a grand scale at WiGL’s World Fair 2.0 in support of the U.S. Department of Defense (DoD). This is an important partnership for both companies to demonstrate wireless power capabilities on a stage that incorporates new energy technologies for the DoD.

 

WiGL’s patented wireless power networking framework will enable future innovation in modes we otherwise would not have access to, or would take much longer to develop in-house, along with exposing both our company and the DoD to new applications and concepts of operation surrounding light-based wireless energy transfer. 

 

The ultimate vision of WiGL’s to create a smart, touchless, network of wireless power will create brand new possibilities for both local municipalities and consumers alike, while simultaneously bringing together technology creators, such as Nimbus, to tap into the +$30B growing market and leverage each company’s technological specificity. 

 

Nimbus is most excited about the mutual benefits that may result from this partnership, which range from new business opportunities, faster growth, and quicker time-to-market. WiGL is led by a group of proven leaders with experience navigating both public and private markets. Together we will unlock wireless power. 

 

William Diggins

President & CEO

Nimbus Engineering, Inc.

 

 

You Asked and We Answered!

25 days ago

April 27th, 2022 – Below are some of the highlighted questions we’ve received from our investors, followers, and spectators. As always, feel free to keep them coming!

 

 

 

Q1 – What changes need to be done on the receiving end for charging to happen? Like electronic modifications, battery changes, etc...

 

A1 – In some instances we need to retrofit the robot by physically mounting the receiver to the optimal side of the robot and electrically connect to the battery management system (both quick and inexpensive). The alternative approach involves integrating our receiver with the robot during the robot’s design phase. We're having conversations with a handful of AMR (autonomous mobile robot) manufacturers who are building new versions of their robots who wanted to integrate our technology as part of their new design.

 

 

Q2 – Let's just say that I have an Amazon Warehouse robot how much money do you think it would be necessary to adapt the rechargeable system to also incorporate your "energy delivery system"? Or it is just the 'receiving face' that is seen in the photo of the slide deck?

 

A2 – System costs range from $3-$5 / Watt + $1-$2 / Watt in installation costs. So, a possible warehouse for Amazon could look like:

 

Warehouse Robots = 100

Watts / Robot = 300 Watts

Cost / Watt (including installation) = $6 / Watt

(100 robots) X (300 watts) = 30,000 Watts per warehouse

($6/W) X (30,000W) = $180,000

 

Battery replacements can cost warehouse operators as much as $100,000 per year. So, a customer payback period can be met within the first 2 years.

 

 

Q3 – This is a great concept that can help minimize maintenance downtime and costs! Just curious, is the transmitter using a blue laser diode or a cluster of LEDs? Laser diode might be more economical per watt output, smaller, and a confined beam for further distance without the need of extra lenses.

 

A3 – We are using LEDs because their operating lifetimes can exceed 100,000 hours, which is great for industrial robotics that aim to run 24/7. Lasers certainly have many advantages over LEDs like the ones you mentioned. We are actively developing a laser-based solution for the Department of Defense because of their interest in compact, high-power, long-range applications.

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

KingsCrowd Lists Nimbus as TOP THREE Company

about 1 month ago


April 18th, 2022 - Yesterday, Nimbus was listed as one of the Top Companies for Impact Startup Investing on KingsCrowd! We’re both honored to have made their short list and excited to share a vision with the author, Léa Bouhelier-Gautreau. 

 

Léa explains, “Startups are constantly creating sustainable solutions, and impact investments are increasing. KingsCrowd’s 2021 Market Intelligence Report shows that online investments in social impact companies reached close to $100 million last year, representing 28% of all online startup investments.Click here to read the full article. 

 

Graphical user interface

Description automatically generated

 

 

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

Our Community Joins In! | Insider Investment Notice

about 1 month ago

We're excited that more and more individuals have joined our community by investing in Nimbus. Our Insiders have invested a total of $5,145 into this offering! If you haven’t already, we hope you will join in as well! Invest in Nimbus here.

 

A group of men standing in front of a brick wall

Description automatically generated

 

 

Please refer to the Company’s offering materials for further information and refer to the Company’s Risk Factors.

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

Give Me the Tech Specs!

about 1 month ago

As we sail through Week 3 of our campaign, we once again want to extend a warm welcome to the newest members of our Nimbus Engineering family! So far, we’ve been able to raise over $160,000 from over 70 investors. Let’s keep this momentum going!

 

Onto new business: for our more technically inclined investors, prospective investors & business partners, and garage tinkerers, we wanted to share some more technical info on the product:

 

Table

Description automatically generated with medium confidence

 

 

We hope this clarifies some of the questions you’ve been having. As always, feel free to leave us a comment below! We’ll make sure that we get back to you faster than a photon. 

 

 

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!



OFF TO A STRONG START!

about 1 month ago

OFF TO A STRONG START!

 

To all our new investors, a warm welcome to the Nimbus family!

 

Over the first 10 days of our campaign, we were able to raise over $150,000 from over 60 investors, and we couldn’t be more excited about it. 

 

We’re looking forward to growing our community of support way beyond this, but we couldn’t have accomplished this without all of you being first in line!

 

A picture containing blue

Description automatically generated

 

As a reminder, drop us a note in the comment section if there are lingering questions in that head of yours. We’ll get back to you as soon as possible! 

 

 

 

If you’re following us and are amped about our technology, click below to invest TODAY!

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
Please use Updates for communications.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}