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Overview
REMUV™ was founded in 2018, in Denver, Colorado. After a top-of-the-line water treatment system failed to protect him from the microscopic parasite, Giardia, CEO Braden Reiber assembled a world-class team to create a more reliable way to produce safe, clean, drinking water. REMUV is pre-revenue but plans to retail its proprietary technology via its two initial product offerings.
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When the COVID-19 pandemic hit, REMUV™ jumped into the fray with the creation of an AI-based, robotic UV disinfection platform capable of autonomously navigating through a facility, decontaminating the air and contact surfaces with germicidal UVC light.
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The Problem
Every day, humans are plagued by harmful microorganisms lurking in the air we breathe, the food and water we ingest, and via our personal contact with others.
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Infectious diseases account for three of the top ten causes of death worldwide, with respiratory infections like COVID-19 holding the 4th highest death toll (Source). The ongoing pandemic is proof of this sustained threat to life on earth with more than 1.24 million deaths and a daily infection rate in the hundreds of thousands (Source).
Additionally, 2.2 billion people worldwide are currently surviving on water sources contaminated with feces that can transmit diseases such as cholera, typhoid, and polio (Source). Every year, contaminated drinking water is estimated to cause 485,000 diarrheal deaths alone. This is due to many factors including population growth. By 2025, it is estimated that half of the world’s population will be living without safely managed water services (Source).
The Solution
REMUV™ has spent three years developing and testing disinfection systems using cutting-edge UVC LED technology. UVC light is germicidal by nature, able to obliterate any cell’s DNA by passing through the cell wall into the nucleus where it collides with the DNA inside. With their DNA shattered, harmful microorganisms like bacteria, viruses, protozoa, or fungi become effectively neutralized, unable to spread and infect human hosts.
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Using tiny, yet powerful UVC LEDs proven in a recent study by Boston University to kill 99.99% of SARS-CoV-2, we created our first product. A lightweight, yet rugged hands-free water purification system that is market-ready.
Our latest creation, the COBRA, is an AI-driven robotic tower equipped with hundreds of UVC LEDs and a visual navigation system designed to track line-of-sight exposure as it autonomously roves through any facility.
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This specific model is pre-production and currently in the prototype stage.
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The Market
As the current pandemic grips the world, global demand for next-generation UV disinfection equipment is exploding. The global “ultraviolet disinfection equipment” market size is anticipated to reach USD 9.4 billion by 2027 registering a CAGR of 19.0% (Source).
Our Traction
Our patent-pending COBRA recently caught the attention of the U.S. Army, and we were awarded a three-year Cooperative Research and Development Agreement (CRADA) for ongoing research into new UV microbial defense systems. We partnered with Airgility™ to give COBRA AI navigation and are ready to move from prototype to a commercial-ready product.
The REMUV™ UV water purification system is ready for market with biological efficacy testing completed on the final commercial-ready product backed by the issuance of a U.S. patent.
What We Do
UV Water Purification
Unlike most UV purification systems, REMUV™ is as small as a golf ball but has a whopping 25-gallon (100 liter) treatment capacity per charge, making it perfect for the trail, travel, or emergencies.
Thanks to its patented technology REMUV™ instinctively gets to work the moment it hits your water. Floating at the top of your container, REMUV™ automatically aligns its three germicidal LEDs downward, firing its germ-destroying UV-C light through your water, disinfecting every drop.
Autonomous UV Disinfection
The COBRA runs on a dedicated AI system that receives environmental feedback to autonomously identify shadowing and exposure gaps and adjust the unit’s position to target unexposed areas.
The unit sits atop an omnidirectional wheel drive system and includes a touchscreen user interface with two operational modes allowing the user to either manually drive the unit or set-and-forget for autonomous roving.
The Business Model
The REMUV™ UV water purification system is ready to launch into retail sales immediately after raising the funding needed to secure inventory for production and begin distribution. Sales will be B2C, through our online retail store.
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The REMUV™ UV water purification system will retail for $149.99.
The COBRA AI-driven robotic UV disinfection system is an operational prototype. A sleek and more compact commercial-ready design is in R&D with the U.S. Army. The COBRA is positioned for full-scale production and a launch of B2B sales in 2021.
How We Are Different
Our products are equipped with cutting-edge UVC LED technology and newly integrated AI robotics designed to disrupt the stagnant UV market and take microbial defense technology to new heights.
Our competitive edge is only increasing as the Minamata Convention raises serious questions about the safety of our competitors’ core technology, the mercury bulb, seeking to eliminate this toxic technology from the industry by 2025.
REMUV’s UVC LEDs, on the other hand, are safe to run in any environment including drinking water. They are also a fraction of the size of mercury bulbs with superior durability and longer life spans.
The Vision
We believe REMUV™ will be the world leader in UV decontamination technology in the next five years with a diverse product offering covering countless industry sectors.
Sales of our UV water disinfection device will begin with online distribution before expanding into brick-and-mortar retailers like REI, Dick’s, Bass Pro Shops, and Sierra Trading Post.
By year five, we will have established sales in worldwide markets and reinvested in the development of innovative UV technologies to solidify our place as an industry leader.
OUR LEADERSHIP
We are more than just a group of entrepreneurs, engineers, and business leaders. At our core, we are a team of adventurers and travel enthusiasts whose passion for exploration fueled the creation of our first product the REMUV™ UV water purification system.
The REMUV™ team is led by Founder and CEO Braden Reiber, a mechanical engineer and dual-patent holder with expertise in UV photonics. Co-founders David Reiber, Vice President of Sales and Scott Shutack, Vice President of Business Development, bring more than 50 years of experience in sales and client management for startups and Fortune 500 companies, and more than 40 years of entrepreneurial experience developing High-Reliability Organizations (HROs).
With the addition of Communications Director, Amy La Porte, a former CNN reporter, Emmy® nominated journalist, and nonprofit CEO, recognized by Forbes for ethical leadership, REMUV has positioned its team with access to top scientific and engineering minds in the government and private sectors. We are now working to develop advanced UV LED disinfection systems for new applications in a variety of industries including, outdoor recreation, international travel, disaster preparation and relief, humanitarian aid, and military defense.
Why Invest
Fact: our mercury bulb competitors will soon be rendered obsolete as the market for UV LED disinfection equipment surges toward an anticipated $9.4 billion by 2027.
As the market cap and CAGR projections increase dramatically due to the current global pandemic, the need for rapid full-scale implementation of our UV systems is a responsibility we at REMUV™ take very seriously.
As the world grapples with COVID-19, businesses are scrambling to find ways to return to a new sense of normal. This means ensuring their facilities are safely decontaminated, and we are there to help bring that trust back to industries worldwide.
This is the right technology, and the time is now.
Whenever you identify a need or a problem and a new way to solve or fulfill it, there is always a potential product in the making. As it has been said: “Necessity is the mother of invention.” Braden Reiber is an inventor who stumbled upon an idea, which in turn turned into a better idea...
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Company | : | REMUV Technologies, Inc. |
Corporate Address | : | 7408 Meadow View, Parker, CO 80134 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Offering Type | : | Equity |
Security Name | : | Class B 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 | : | $9,940,000.00 |
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 February 28, 2021, 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 shall not direct 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).
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks
The offering minimum investment will be set at: $250.00 US
Time sensitive perks:
First Week: Family and Friends Perk 10% bonus shares
Second Week: Early Bird Perk 5% bonus shares
Price driven perks:
$500+ Investment: Access to REMUV's exclusive investor's newsletter
$1,500+ Investment: Access to REMUV's exclusive investor's newsletter, and a free REMUV UV water purification system.
$5,000+ Investment: Access to REMUV's exclusive investor's newsletter, and 2 free REMUV UV water purification systems, one for you, and one for a friend.
$25,000+ Investment: Access to REMUV's exclusive investor's newsletter, and 2 free REMUV UV water purification systems, one for you, and one for a friend, plus a travel expenses paid Backpacking trip with the Founder Braden Reiber in one of Colorado's beautiful national parks. (Excludes international travel, and will be scheduled after the pandemic.)
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
REMUV 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 shares at $1.00 / share, you will receive 110 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.
The Company will not incur any irregular use of proceeds.
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.
It's exhilarating to have so many of you join us as investors on this journey, and we’re beyond excited to have your support!
Thank you all for helping us cross this first milestone!
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