This round is no longer accepting investments, but hundreds just like it are live now.

Log In

INVEST IN STOREN TECHNOLOGIES TODAY!

Renewable Energy Storage

StorEn answers the call for long-lasting, 100% recyclable, safe and affordable energy storage by developing evolutionary vanadium flow batteries. Their disruptive patent-pending all-vanadium flow battery technology for energy storage delivers the lowest cost per cycle in the world, up to eight times lower than lithium-ion batteries. StorEn has most recently signed an agreement with Connexus Energy, a utility company, to demonstrate the use of our system in a microgrid application that includes charging the battery with utility scale solar and using the system to charge electric vehicles (EVs) on-site at Connexus Headquarters. This first deployment will prove that our advanced energy storage technology is ready for commercial deployment. We will begin to take orders for systems with delivery starting in early 2023.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$1,410,976.89 Raised


 

Reasons to Invest

  • Raised $ 8M+ from over 6,500 investors on StartEngine along with Venture Capital from ANYSEED Fund
  • 4 patents extended internationally in the PCT National Phase securing our innovative IP in all major regions and countries in the world 
  • Secured first order for $500k from Australian partner, and the first battery was delivered to Brisbane in Q1 2020 with additional units being manufactured
  • Selected by GridCatalyst in Minnesota as a cohort partner for early stage demonstration projects with key companies located in the midwest. StorEn’s demonstration project partner is Connexus Energy, a rural electric cooperative utility company.



The future of solar storage is here!


Overview


Bringing battery storage into the 21st century

Incubated at the Clean Energy Business Incubator Program (CEBIP) within Stony Brook University in New York, StorEn delivers proprietary vanadium flow batteries to revolutionize the world of industrial energy storage. 


This technology brings superior performance at a lower cost, providing more efficient, safe, environmentally friendly and cost-effective energy storage. StorEn takes what vanadium batteries already deliver - durability and sturdiness - and through extensive R&D has enhanced the electrical efficiency of the stack and the energy density of the electrolyte and module, ultimately reducing costs. Our research has led to four international PCT patents and five trademarks to date. 


With a battery life of 25 years and more than 15K cycles, our batteries satisfy market demand for efficient, durable and cost-effective energy storage, enabling self-consumption of self-produced electricity and the transition toward a carbon-free economy.



The Problem


Other batteries just don't get the job done



Unlike Lithium and Lead Acid Batteries, StorEn Vanadium flow batteries are:


  • Eco-Friendly: 100% recyclable, 100% reusable electrolyte, low GHGs emissions, non-pollutant, and reduce mining!
  • Safe: Non-flammable, non-explosive

  • Cost Effective: Cost/kWh comparable to lithium batteries but Cost/Cycle up to four times lower than lithium batteries, thanks to the exceptional duration of 25 years or 15,000K cycles

  • Efficient: +35% in energy storage with the same volume, +5% Round-Trip efficiency in harsh climate



The Solution


A greener solution that outperforms the competition

A StorEn battery module will work in synergy with the solar system. During the day, your solar panels will capture energy from the sun. This energy then charges the battery while simultaneously powering a home or office. Then, as day turns to night, the battery takes over, providing green energy consistently, and maximizing your solar system dependability.

 

In addition to its solar storage capabilities, the StorEn battery, in locations with dual rates, can store power from the grid at night when electricity prices are low. By using battery power during peak electricity times, clients can lower their utility bills. Our customers can safeguard the environment while saving money! Additionally, in the event of an emergency, the StorEn battery guarantees continuity to your home and vital devices such as telecommunication, lighting, refrigeration, and heating and ventilation systems. Finally, StorEn delivers additional resilience in case of a natural disaster.


Our Industrial Microgrid Solution


StorEn Technologies is developing a containerized energy storage system that will be offered to the utility and telecommunications industry. We have partnered with Connexus Energy, a Rural Electric Cooperative to build a system that will be placed at their headquarters in Ramsey, Minnesota. This system will supply 20kw of power and 100kwh of energy (5 hours run time) and will be used to demonstrate how our system can complement medium to large scale energy storage solutions in various utility applications. StorEn Technologies was selected for this project after a rigorous validation process by Connexus and by GridCatalyst, a clean energy accelerator program focused on the midwest region of the United States. 


Our first system is scheduled for deployment in early 2023. The successful deployment of this first system will open up our market opportunities across the country to hundreds of small to medium size utility companies looking for stationary energy storage solutions. StorEn Technologies is currently building the cell stacks needed for this project and we have teamed up with a reputable contract engineering and manufacturing company to build the containerized system for this deployment.   



Our batteries are modular. Our customers will only pay for the energy capacity they really need! Additional modules can be connected together for maximum flexibility!

The Market


The solar market is booming!

The trend for wind energy in the US is as bullish as solar. Historic private sector investments are expected to expand the wind energy supply chain. In 2021 alone, investors announced $2.2 billion in new funding, including commitments to develop nine major manufacturing facilities to produce the foundations, towers, cables, and blades of offshore wind turbines (source). Supplier contracts to provide materials and services to offshore wind projects more than doubled. More opportunities are ahead, including an estimated $109 billion revenue opportunity across the offshore wind supply chain this decade. Nearly 40 GW of offshore wind is already procured, providing a strong demand for clean energy that will lower energy costs for American families while protecting them from volatile fossil fuel price spikes (source). 


The Solar Energy Industries Association’s goal of having solar account for 30% of electricity by 2030 will provide an even greater boost to accelerate the deployment of solar energy (source).


For long duration storage applications in excess of 2 hours, such as offshore wind, lithium batteries are not cost effective. Vanadium flow batteries are the ideal choice!

Our Traction


Not just an idea, we are already building the solution

  • Received first order of $500,000 from Multicom
  • First Battery already delivered  to Australia  in January 2020 
  • 4 Patents at the PCT National Phase securing our innovative IP Internationally
  • Technology Independently Validated by the New York State Pollution Prevention Institute
  • Over $2M Invested in R&D to date 
  • Over $9M invested from 6,000+ investors
  • Founding Team's 3rd energy start-up 


Winner of numerous Technology and Innovation awards 


With the partners who can make it happen


And exclusive rights to high-end supply-chain partner

StorEn has entered into a supply chain deal with Multicom Resources, an Australian mining company which is the owner of two vanadium mines. Through this exciting arrangement, StorEn has secured the exclusive availability of vanadium for up to 20 years with either a price cap or at market price, whichever is the lowest.



Capitalizing on the governments’ support to fulfill the Australian energy storage opportunity, Multicom’s subsidiary, Freedom Energy, will assemble StorEn batteries within Australia and distribute them widely across the wider Asia Pacific region. In addition to an initial pilot plant, Multicom has completed a concept design for a full-scale manufacturing facility for StorEn batteries.

What We Do


Bringing power to the home


Our batteries charge using electricity generated from solar panels. When the sun goes down, our batteries use the solar energy accumulated throughout the day to power the home through the evening and night. Home batteries also recharge when electricity rates are low, and use that energy later, when rates are higher. Our home battery will be cost-effective, easy to install and environmentally-friendly, offering an energy addition to a solar system and the utility grid.

StorEn is a member and supports the mission of advancing zero-energy green buildings and LEED.
A Solution for Developing Economies

Over a billion people still do not have access to electricity. Living without electricity has a major impact on daily activities such as cooking and food preservation as well as key development indicators such as access to health, access to education and economic development. The electrification of these unserved communities can become a reality with mini grids, using solar plus energy storage. StorEn’s vanadium flow batteries can be a key technology towards universal access to affordable, longer-lasting and dependable energy.

To support this critical mission, Storen Technologies is proud to be a member of the Alliance for Rural Electrification and the Global Off-Grid Lighting Association.

The Business Model


Tax credits make residential storage even more appealing


Battery systems that are charged by a renewable energy system more than 75% of the time are eligible for the Investment Tax Credit (ITC). Battery systems that are charged by a renewable energy system 75%–99.9% of the time are eligible for that portion of the value of the ITC. 

In addition to the federal Investment Tax Credit, additional State credits may reduce the cost of an energy storage system.  For example, a system charged by renewable energy 80% of the time is eligible for the 30% ITC multiplied by 80%, which equals a 24% ITC instead of 30% (the tax credit is vested over 5 years, and recapture can apply in unvested years if the percentage of renewable energy charging declines).



Although energy storage is a relatively young industry, a growing number of states and municipalities will support the installation of solar-powered batteries to accelerate the transition to renewables and the reduction of GHG emissions. Maryland established a solar battery tax credit worth 30% of the total installed system cost, up to $75,000 for commercial systems. While in California, a cash rebate is available through the Self-Generation Incentive Program (SGIP).

*This is not legal advice and investors should consult a tax professional to ensure that they qualify.


*Images are computer-generated demo versions. Product is still currently under development


OUR LEADERSHIP


A passionate team, with the experience to back it up

The StorEn’s team is made up of experienced engineers, entrepreneurs and scientists. Each individual on our team is dedicated to our mission of developing innovative, efficient, resilient and cost-effective energy storage.


Entrepreneurship

The Team is at their third energy start-up, with two successful exits to publicly listed corporations.


Creativity and Innovation

Patents in Fuel Cells, cogeneration, and energy storage.


A Shared History

Our Tech Team worked together for over 20 years. Our team is focused on launching a successful business, while simultaneously making the world a cleaner and better place for future generations.

Why Invest


A Note from StorEn's CEO

To Our Prospective Investors,


It is an exciting time at StorEn! Last year, we completed our THIRD successful Regulation Crowdfunding campaign on StartEngine, maxing out our old StartEngine raises from hundreds of investors that share our passion for technology and the environment. Our investors contribute to companies with a higher cause. 


The funds raised allowed us to hit several additional milestones,  advancing our development! We were able to use these funds to design and test our cell stack technology, the heart of our flow battery system. We also brought on new engineering talent at our facility in Italy and we are working to expand our team here in the United States. I would like to thank our community for the additional support and those who invested in StorEn in our fundraising campaigns. 


Following the successful independent validation of our prototype installed at the Advanced Energy Center at Stony Brook University in 2019  performed by the New York State Pollution Prevention Institute (NYSP2I) in Rochester in NYS, we commenced our early manufacturing phase. In January 2020, we delivered our first battery to Australia. The first one of an order worth up to $500,000. 


In 2020, following an Award from the Empire State Development's Division of Science, Technology and Innovation (NYSTAR), we started an R&D program with Cornell University on innovative components. This work, in addition to the ongoing NYSERDA-funded R&D program with Rensselaer Polytechnic Institute and University of Illinois in Chicago, allows us to explore technological improvements that will be the foundation of our future generations of our batteries.

 

With the funds raised, we also entered the National Phase of the PCT (WIPO in Geneva, Switzerland) process. Thus, we selectively and successfully extended our four patents in several regions and countries, including the USA, European Union, South Africa, Brazil, Israel, Japan, India, China, Australia, Korea, Indonesia and many others, covering approximately 90% of the world population.


In April of this year, we were selected to build a containerized microgrid system to be demonstrated in a live network at the headquarters of Connexus Energy, located in Ramsey, Minnesota. This system involves having four of our current cell stacks working in tandem with each other and will help us understand the performance of our systems in a live environment. Our systems must operate in all types of climates and conditions. The winter conditions in Minnesota will challenge our system and will supply excellent data for our engineering teams to design an extremely reliable system.  


We are now asking our community and those who would like to join us, to support us in the next phase of our journey, our Reg CF offering. 


Please help us build a successful business while sharing a superior cause: The love for our planet! Our vanadium batteries can enable the transition to electricity generated from renewable sources, like the sun and the wind, and we envision that one day our batteries will work in tandem with solar generation in an environmentally-friendly, safe and cost effective manner. 


In addition to this goal, we rest assured that our batteries in conjunction with solar panels can be the ideal technical solution to bring electrification to off-grid communities, such as the ones in developing countries, to eradicate poverty and to promote economic development! 


Together we can make StorEn a success while accomplishing our incredible mission. 


Help us to do well while doing good! Support StorEn! 


Sincerely yours,


John Davis, CEO

StorEn Technologies Inc.

Terms of StorEn Investor Purchase Program

StorEn Technologies Inc. 17b Disclosure

ABOUT

HEADQUARTERS
12 E Stone Ave.
Greenville, SC 29609

StorEn answers the call for long-lasting, 100% recyclable, safe and affordable energy storage by developing evolutionary vanadium flow batteries. Their disruptive patent-pending all-vanadium flow battery technology for energy storage delivers the lowest cost per cycle in the world, up to eight times lower than lithium-ion batteries. StorEn has most recently signed an agreement with Connexus Energy, a utility company, to demonstrate the use of our system in a microgrid application that includes charging the battery with utility scale solar and using the system to charge electric vehicles (EVs) on-site at Connexus Headquarters. This first deployment will prove that our advanced energy storage technology is ready for commercial deployment. We will begin to take orders for systems with delivery starting in early 2023.

TEAM

John Davis
John Davis
CEO, Treasurer & Director

John has over 28 years executive level experience in sales and business development heavily focused on emerging technology solutions for the telecommunications and utilities industries. Most recently, John held the position of Director of Business Development for XNRGI, Inc, an early stage lithium battery developer building an innovative solid state lithium battery technology. 

Over the course of the last 20 years, John has worked with a number of flow battery and fuel cell developers including, ZincNyx, RedFlow LTD, Deeya Energy, VRB Power, ReliON Fuel Cells and Metallic Power. During his time at VRB, one of the first vanadium flow battery companies, John oversaw the sales and delivery of the first flow battery installed at a telecom site. John was also instrumental in the standardization of hydrogen fuel cells used as stationary backup power at many telecom sites in the US and the Caribbean. 

In the mid 1990’s, John held the position of Sr. Director, European Sales with Tekelec Inc. managing an extensive distribution network in 15 countries. John has a strong engineering background with a B.S. in Electrical and Computer Engineering from Clemson University.

Angelo D'Anzi

Angelo D'Anzi

Founder, CTO, & Director

Angelo has served as our chief technology officer and a director since our inception in January 2017, and is primarily responsible for the technical development of our products. Since May 2018, Angelo has also served as a director of Arco Fuel Cells S.r.l., where he was responsible for the company’s fuel cell technical development activities.

In March 2013, Angelo founded Proxhima, a vanadium flow battery company, which was sold in May 2015 to the Gala Group, a utility listed on the Milan Stock Exchange. In 2000, Angelo founded ROEN-EST, a fuel cell company acquired by the Arcotronics Nissei group in 2003, and served as chief executive officer and chief technology officer after the acquisition. Arcotronics Fuel Cells was subsequently acquired by the Morphic Group, a cleantech holding company listed on the Stockholm Stock Exchange. Angelo was retained as chief executive officer of Morphic Fuel Cells, until the acquisition of the Group by General Electric in 2009.

Angelo holds 14 international patents and received the 2003 Sapio Award in the Energy and Transportation category with a paper titled “Technological Transfer between Research Institutions and Private Companies in the Polymer Electrolyte Fuel Cell Technology".

Angelo holds a MBA degree from the LUISS Business School in Rome.

Davide Biggi

Davide Biggi

Chief Financial Officer

Davide Biggi graduated with honors from the University of Pisa in Corporate Finance and Financial Markets; in 15 years of work experience he has acquired specific skills in financial planning and management starting from the drafting of the annual budget to the reporting period for management, skills in treasury management, corporate tax planning and management, the auditing of medium-sized companies up to the drawing up of the Annual Report. 

Biggi has specialized in the drafting of business plans for the raising of capital (equity and debt) with numerous successful operations - and also in the preparation of financial plans for Facilitated Finance for the collection of European public funds.

He has covered the role of responsible administrative and accounting for a multinational group of medium-sized in naval field located in Europe and USA - and the role of independent financial analyst finalized to the raising of capitals of small and averages companies. He has held the role of CFO in two medium-sized companies in the field of shipping and energy.

 Gabriele Colombo

Gabriele Colombo

Secretary

Gabriele has served as our secretary since our inception in January 2017. Between February 2019 and the present, Gabriele has served as the chief executive officer of Leonardo Hispania S.A., a subsidiary of the Leonardo Group of Italy, an aerospace, defense and security conglomerate. Between April 2017 and February 2019, Gabriele served as Senior Vice President - Head of Line of Business at Leonardo Hispania S.A. where he was responsible for the profit & loss of one product line. Prior thereto, between January 2012 and March 2017, Gabriele served as Regional Manager at Leonardo Hispania S.A. where he led a team of 25 country business regions with responsibility for marketing analysis, strategy development, and imitative deployment and goal setting.

In 2013, Gabriele was a founder of Proxhima S.r.l.

Gabriele holds an Honors Degree in Computer Engineering (University of Pisa) and a II Level Master Degree in Business Leadership (University of Genova).

TERMS

StorEn Technologies
Overview
PRICE PER SHARE
$7.33
DEADLINE
May 1, 2023
VALUATION
$60.17M
FUNDING GOAL
$10k - $5M
Breakdown
MIN INVESTMENT
$249.22
MAX INVESTMENT
$1,069,996.75
MIN NUMBER OF SHARES OFFERED
1,364
MAX NUMBER OF SHARES OFFERED
682,128
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets

$2,678,660

$383,101

Cash & Cash Equivalents

$1,923,450

$240,134

Accounts Receivable

$0

$0

Short-Term Debt

$407,243

$531,029

Long-Term Debt

$0

$0

Revenue & Sales

$0

$100,000

Costs of Goods Sold

$0

$92,647

Taxes Paid

$0

$0

Net Income

-$1,588,160

-$1,042,756

*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives & Bonuses*

Previous Investors

10% additional bonus shares for previous investors


Time

Super Early Bird Bonus - First 10 days get 10% bonus shares

Early Bird Bonus - Next 30 days get 5% bonus shares

Volume

5% Bonus shares - Invest $1,000+ get 5% bonus shares + added to StorEn Pre-Purchase Program

10% Bonus shares - Invest $5,000+ get 10% bonus shares + added to StorEn Pre-Purchase Program

15% Bonus shares - Invest $20,000 get 15% bonus shares + added to StorEn Pre-Purchase Program

*All perks occur after the offering is completed

**Please review the Terms of the StorEn Pre-Purchase Program linked above


The 10% StartEngine Owners' Bonus

StorEn 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 $7.33 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $733. 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 canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the Previous Investors bonus.

PRESS

Article Image
CleanTechnica

Vanadium Batteries Keep Energy Flowing for Telecommunications Industry

Article Image
HackerNoon

Hacking Renewable Energy for a Green Future

Article Image
ValueWalk

How Battery Tech Is Changing The Renewable Energy Market

Article Image
ThriveGlobal

Sustainable Energy for a Better Life

ALL UPDATES

04.30.23

Closing in 1 day!

StorEn has been making big waves in the energy storage industry. 

We hope to keep this momentum going and encourage you to consider investing before our campaign closes on Sunday, April 30, 2023. 

Investing in StorEn Tech is not only a smart financial decision, but it also supports the growth of clean energy technology. By investing in us, you are helping to build a more sustainable future for us all.

Don't miss your chance to join the clean energy revolution. 

Invest in StorEn today! 

04.28.23

2 Days Left!

Our StartEngine campaign is ending in two days! 

If you’re already a part of the V5 club, thank you. If you’ve been waiting for the right moment, now is the time! 

We are so excited to have reached $1.1 million with 857 investors. 

At StorEn Tech, we are passionate about creating a better tomorrow for ourselves and future generations. Our cutting-edge energy storage system offers a sustainable solution that helps reduce carbon emissions, saves money on energy bills, and provides a reliable source of power during blackouts or emergencies.

We are confident that our technology will play a key role in the future of clean energy.

As a leading expert in energy storage solutions, we take pride in our years of experience and expertise in this field. We have worked tirelessly to create a prototype that is not only innovative and efficient but also affordable and user-friendly.

We’ve come a long way with the funds we have raised, but we need your help to make StorEn’s dream a reality.

Investing in StorEn Tech is not just an investment in our company, but also an investment in a better tomorrow.

To learn more about StorEn Tech and how to invest in our V5 program, please visit our campaign page. 

We’re happy to answer any questions you may have as we close this campaign. 

Invest today in the future of energy storage!

04.20.23

StorEn is the Update of the Week!

In addition to being featured on StartEngine’s Most Momentum page, StorEn has also been featured as StartEngine’s Update of the Week in an email that went out to an estimated 300k active StartEngine users on April 17, 2023.

Thank you to all of our new investors! 

We’re thrilled to have you join the StorEn mission. 

04.19.23

StorEn Has Most Momentum!

We’re thrilled that out of 93 funding rounds that are currently live on StartEngine, we currently have the Most Momentum as of today Wednesday, April 19, 2023. 

Thank you to all of our new investors who have joined our V5 club! 

It’s not too late to join the club! 

Get in the V5 club today with an investment of $1k or greater (full details available on the StartEngine page). 

Support the future of energy storage! 

04.17.23

Update from John Davis, StorEn's CEO, from the Bologna facility

Click to watch!

04.14.23

Campaign extended through April!

We’re excited to let you know that our StartEngine campaign is extended through the end of April. So far, we have had hundreds of investors sign up for our Investor Purchase Program and we will continue to keep you updated about the Program (V5 Club) in the coming weeks. The reason we have extended our Crowdfunding Campaign is that we continue to successfully recruit new investors. These new investors also have a strong desire to participate in the Investor Purchase Program.   

Do you know someone who would be a good fit for the V5 club? Send them the link to our StartEngine page! Make sure to tell anyone who may be interested in supporting the future of energy storage. 

04.11.23

$1 Million Raised!

Thank you to our 751 investors that have helped us to hit the $1 million milestone! 

While this is a great start, we are actively seeking more investors to help us fund our efforts.

We’re looking to build long-term relationships with our investors who act as our brand advocates. If you haven’t yet heard of our V5 club, you can learn more on our StartEngine campaign. 

We have big news to share with you soon! But in the meantime, we want to thank you for your continued support for the future of energy storage.  

Check out our campaign page and invest in StorEn by clicking here.

04.10.23

Help us hit $1 million!

The StorEn team just returned from our Research and Development facility in Italy and we have a lot of exciting news to share with you soon. In the meantime, we need your help to get to $1 million! 

742 investors have joined StorEn in answering the call for long-lasting, 100% recyclable, safe and affordable energy storage.

Help us reach $1 million by investing in the future of battery storage today!

Click here to invest now. 

04.06.23

Energy storage is now listed as eligible technology

The European Commission’s proposed Net Zero Industry Act recently categorized energy storage as an eligible technology. 

A key part of the Act defines “net-zero technologies” as electricity and heat storage, along with renewable energy technologies, renewable fuels, heat pumps, grid technologies and others like electrolysers and fuel cells, small modular nuclear reactors, carbon capture and storage.

StorEn is excited to support the future of energy storage. 

You can read more about the Net Zero Industry Act here: 

https://www.energy-storage.news/european-commissions-net-zero-industry-act-includes-energy-storage-as-eligible-technology/

03.31.23

Fast Start! Already Over 200 Investors!

We have a fast start with our new Investor Purchase Program with over 200 investors who have signed up for our V5 club! 

You can read more about it in earlier updates.

Support the future of energy storage and participate in our Investor's Only Purchase Program! 

Owners bonus
Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into StorEn Technologies.

JOIN THE DISCUSSION

0/2500

PINNED BY STARTUP

BG
Buddha Gautam

9 months ago

Though this company has taken long time grow to this level ,still is a good company to invest in.

0

3

PINNED BY STARTUP

BG
Buddha Gautam

9 months ago

Good company to invest! Has bright future ahead!

1

0













DC
Daniel Cochran

3 INVESTMENTS

a month ago

Will you be releasing your 2022 annual report prior to the offering closing?

0

0

CS
Chris Syrigos

2 months ago

How much will the residential battery cost (approx) and what size will it come in (10kw, 20kw, etc.)? Also, when will they become available to investors. 0 0

0

1

CS
Chris Syrigos

2 months ago

How much will the residential battery cost (approx) and what size will it come in (10kw, 20kw, etc.)? Also, when will they become available to investors. 0 0

0

1

BD
Brett Denaro

3 INVESTMENTS

2 months ago

How much will the residential battery cost (approx) and what size will it come in (10kw, 20kw, etc.)? Also, when will they become available to investors.

0

1

GB
Gabriel Bruzzi

2 months ago

I am a 1000plus investor and had solar panels installed a few years ago. I want to know would the residential storage be able to work with the solar panels and how would that work? Can't wait for the company to go thru the roof in sales! Thanks

0

0

MB
Michael Baldacchino

2 months ago

Where is the StorEn Pre-purchase Program explained?

0

0

JF
Justin Fluegel

3 months ago

With the electrification of aerial work platforms, have you considered this space as a possible application? I would think there would be some advantages to this battery technology as it would replace the counterweights on the stick boom awps like a Snorkel 660.

0

0

ML
Minh Le

13 INVESTMENTS

3 months ago

Are you guys affected by silicon valley bank bank run?

0

0

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

PREVIOUSLY CROWDFUNDED
$9,946,408.32
RAISED
$1,410,976.89
INVESTORS
995
MIN INVEST
$249.22
VALUATION
$60.17M

@ 2022 All Rights Reserved

Apple Store Logo

Get To Know Us

Our Team

Careers

Blog

Important Message

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. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.


www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.


Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.


Investment opportunities posted and accessible through the site are of three types:


1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.


Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.


By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.


Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.


California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.


StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.