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

CLOSED

GET A PIECE OF AVIMESA

Climate-friendly sensor network

Avimesa is a solar-powered sensor network connecting a wide variety of sensors to the cloud with a focus on working yards. In addition to general-purpose sensors, our flagship units can be used for detecting greenhouse gases such as methane (CH4) and carbon dioxide (CO2) to meet new EPA requirements that affect oil and gas, agriculture, and many other industries. Built-in BLE mesh allows for tens of thousands of units to form a complete network of nodes covering potentially hundreds of acres – with just one of the units requiring either an LTE or WiFi connection. It includes a web interface that comes with a complete graphing, alert, and notification system.

Show more

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.
Company Image

REASONS TO INVEST

Reasons Icon

We have already raised $1.6 million in seed money and completed a shipping cloud-based Industrial IoT application (Avimesa.Live) for device management and sensor data visualization. Our products are installed at customers and are ready for us to start marketing.

Reasons Icon

We are offering preferred stock, which is generally less risky than common stock. Our preferred stock has a liquidation preference that pays back preferred shareholders investment before common investors can participate in upside returns. Our employees and founders’ stock and options are based on common shares while our investors get preferred shares.

Reasons Icon

The Industrial IoT market is estimated to be worth $263.4 Billion by 2027 and our technology has simplified the connection of Industrial Things, including millions of existing installed analog and digital sensors using Avimesa.Live, creating a massive opportunity.

TEAM

Joe Austin

Joe Austin • CEO/Co-Founder

Joe, one of the first C programmers, is an expert in making complex technology accessible. In a former role, he was CEO of Miva, a stronghold in e-commerce, where he grew sales using a unique bundle strategy that fueled retail / bizdev deal flow. In his career Joe has held executive roles in finance, aerospace, storage, print, e-commerce, agency, and now Industrial IoT.

Read More

Jake Fields

Jake Fields • Member — Board of Directors/Co-Founder

Jake Fields is a leader in engineering, product development and IoT innovation. He helps large corporations radically reinvent themselves, while fostering a supportive structure to bring products to market.

Collin Hinson

Collin Hinson • VP Technology

Collin is the lead developer in charge of Avimesa's end-to-end IIoT solution. He oversees the development of Avimesa technologies for all parts of the ecosystem including hardware, firmware, apps, and cloud. An expert in Linux and C systems development, Collin is a Georgia Tech graduate.

Read More

Overview


Avimesa makes putting sensors on Things easy — even over acres of coverage!


We focus on industrial customers who have working yards. A working yard is anything from a shipping port, to railroad yards, to farms, to school yards, to parks, rare lumber yards, waste, and water treatment facilities. All Things (like in Internet of Things) have something to say, even if they are not digital. For example, a gate moves, water flows, air has different pressure (and so does water), chemicals react, and moving Things like motors change speed, power, and vibration. Most Things have some aspect that can be measured, and Avimesa is designed to keep track of all of those variables. Inexpensive sensors on Things can be placed over acres or just a few square feet. Better yet, Avimesa is fully self-sufficient and can optionally get power from the sun and Internet from LTE. Even if there isn’t a readily available power source in your field, Avimesa can connect to a network.


Avimesa works with thousands of different types of sensors that can be used for security, business intelligence, usage graphing, cost savings, notifications, early warning alerts, and routing personnel to Things in need of attention, just to name a few. Customers also have the benefit of receiving 2,000 free monthly readings as well as free technical support.   





THE PROBLEM


Businesses can’t innovate and solve 21st century problems with 20th century technology and techniques


While working yards come in an array of shapes and sizes, their one commonality is that they have an abundance of moving parts. With all of these moving parts, it can be easy to lose track of Things and even personnel, which can negatively impact performance and even threaten the safety of workers. Most current working yards haven’t had the necessary technological overhauls needed to modernize their solutions. If industrial yards are to thrive in the modern era, they are going to need modern solutions.


Is the cooling system in the equipment room blowing the right temperature?  Have the medications in the deep freezer been kept at the proper temperature? Are you aware of any flooding in underground facilities? These are just a few of the near infinite questions yard managers need to keep up with if they are going to work efficiently.







THE SOLUTION


A platform that monitors all your Things



We built an Industrial IoT platform that makes it easy to use existing high-end industrial sensors and inexpensive Bluetooth sensors. Our platform immediately allows businesses to increase awareness of their business with a small, low-cost deployment and quickly scale to their entire facility.  And, while the value of business intelligence is immediate, it actually appreciates in value as more historical data is stored over time.



With Avimesa, customers can easily set up alarms for user-configurable thresholds to notify you of any potential mishaps. Freezer temperature too high? Send a message to a group of admins through our platform. Entry gate stuck open? Trigger an alert and get it fixed. In addition, Avimesa’s API allows developers to build custom IoT applications without having to build their own IoT backend.



Avimesa simplifies remote monitoring for industrial customers by providing a plug-and-play setup of sensors, hardware, and application. A customer orders a starter kit specific to their industry. Setup is as easy as an Amazon Echo, and in just a few minutes, customers are able to monitor their assets with a customizable dashboard in the Avimesa.live web app. 



We offer a monthly, subscription-based recurring revenue with base monthly charges for the number of Avimesa Gadgets (gateways) running at a customer site. Additional fees are charged for higher sampling rates (up to multiple times per minute) and professional services are available for enterprise level customers.  

OUR TRACTION


Small victories pave a road to massive success


We have achieved a stout $1.6 million in seed funding which has allowed us to develop a complete IoT solution, including complete cloud and provisioning infrastructure and a browser-based application called Avimesa.Live. 



We completed primary product development in January 2020 with a variety of test customers throughout 2021 including working farms, semiconductor manufacturing, and a four acre multi-use yacht club with a marina and private beach. The provisioning and perimeter aware and advanced BLE enhancements that make the Avimesa.Live Starter Kit possible just recently reached beta development status.







THE MARKET


One solution for a multitude of industries


The Industrial IoT market is heading to $263.4 billion by 2027, and Avimesa is well on its way to claiming a stake of this massive industry (Source). 




There are many factors that prevent the modernization of industrial facilities such as availability of power, harsh environments, accessibility, network, and personnel issues. These obstacles can make installing existing IoT solutions even more expensive and complex than they already are. Avimesa, however, was created specifically with flexibility in mind so we could scale our platform to virtually any type of industry. We offer a remote monitoring solution that can be set up in minutes, with hardware that can be powered by a small solar panel if power isn’t readily available.   


Solar is important to many industrial customers.




This flexibility allows us to measure virtually any variable in virtually any facility and working yards. We work with sensors that can monitor vibration, power, liquid flow, volumetric moisture, light, temperature, motion, force, radar, pollution, and much more. Even better, we have developed technology to tag people and equipment if they have entered or exited a geofenced area. We are committed to bringing industrial businesses into the modern age, and our innovative and cost-effective platform will accomplish that goal.


Industrial businesses come in all shapes and sizes but share the characteristic that they can be large, diversified, and have obstacles. Even if a site does not have power or internet, Avimesa can drop-in an inexpensive plug-and-play solar field unit to power its platform. Avimesa can combine low-cost BLE sensors/tags with high-end industrial loop sensors in a mixed-use solar powered environment. Plus, Avimesa’s Industrial Starter Kits provide a quick and painless way for customers to test out the actual Avimesa system that can be scaled to their needs.



WHY INVEST


We are the future of Industrial IoTs


Avimesa aims to be the gold standard in Industrial IoT, particularly for working yards. We have the scalability, the technology, and the leadership to be the number one player in our field. In the digital age, information is the currency of the realm, and our platform can provide customers with real-time information for every Thing  in their facility. By investing in Avimesa, you are investing in the backbone of tomorrow’s industry. 



ABOUT

HEADQUARTERS
3725 Mission Blvd.
San Diego, CA 92109
WEBSITE
View Site
Avimesa is a solar-powered sensor network connecting a wide variety of sensors to the cloud with a focus on working yards. In addition to general-purpose sensors, our flagship units can be used for detecting greenhouse gases such as methane (CH4) and carbon dioxide (CO2) to meet new EPA requirements that affect oil and gas, agriculture, and many other industries. Built-in BLE mesh allows for tens of thousands of units to form a complete network of nodes covering potentially hundreds of acres – with just one of the units requiring either an LTE or WiFi connection. It includes a web interface that comes with a complete graphing, alert, and notification system.

TERMS

Avimesa
Overview
PRICE PER SHARE
$18.76
DEADLINE
Apr. 20, 2022 at 6:59 AM UTC
VALUATION
$12.19M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$131.32
MAX INVESTMENT
$93,800
MIN NUMBER OF SHARES OFFERED
533
MAX NUMBER OF SHARES OFFERED
57,036
OFFERING TYPE
Equity
SHARES OFFERED
Preferred Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

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

Investment Incentives and Bonuses*

Time-Based

Friends and Family Early Birds

Invest within the first 24 hours and receive an additional 15% bonus shares.

Super Early Bird Bonus

Invest within the next 72 hours and receive an additional 10% bonus shares.

Early Bird Bonus

Invest within the next 7 days and receive an additional 5% bonus shares.

Amount-Based

$500+ 

Avimesa 10W Solar Travel Charger— perfect for all smartphones.

$1,000+

Avimesa 40W Folding Solar Charger — perfect for laptops in the field.

$1,500+

Avimesa 40W Folding Solar Charger and join the Avimesa Launch Party at Mission Bay Yacht Club!

$3,500+

Avimesa comes to you and installs an Avimesa Solar Field Hub and six sensors (travel expense not included).

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Avimesa 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 Preferred Stock at $18.76 / share, you will receive 110 shares of Preferred Stock, meaning you'll own 110 shares for $1,876. 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: Vendor payments. Salary payments made to one’s self, a friend or relative.

ALL UPDATES

04.18.22

Last day to invest in Avimesa


Greetings.

Today is the last day to invest in Avimesa.  If you haven't invested yet, today is the day.  Even if you have invested, you can increase your amount today.

Sincerely,

The Avimesa Team.


04.14.22

Only five days left to invest in Avimesa!

Greetings from Avimesa.

We're making excellent progress on the methane monitoring front, with our first Solar Field Unit with a built-in NevadaNano methane sensor shipping out next week!   More about the SFU here: https://esg.avimesa.com/solar-field-unit

And lastly, testing of our handheld internet-connected methane detection devices is underway.   These use the same NevadaNano methane sensor as the Solar Field Unit and connect to Avimesa.Live for data viz and alerting.  Don't miss out; click that invest button today!

Best regards,

The Avimesa Team


03.23.22

Shipping Our First Avimesa Methane Gun

We’re really excited to be shipping the first Avimesa Methane Gun — an ultra-portable solution to pin-point areas with concentrations of methane gas. The device plugs into a handheld computer (part of the SFU Travel Kit)  for instant data readings, or reading them remotely, via our cloud-based SaaS.

The main idea behind the methane gun and the SFU Travel Kit, is to find the best place to install the pole-mounted Solar Field Unit for longer-term monitoring of greenhouse gas emissions. Here’s a picture of the Methane Gun in action:

Campaign ends in less than 30 days!

We had an amazing (nearly 10%) increase in investment since we reported on hitting the $100k mark. Hurry, only 27 days left to invest! Click that invest button today!

03.18.22

Notice of Funds Disbursement

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

Hello!

As you might know, Avimesa 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 Avimesa 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

03.17.22

Avimesa Updates IoT Application for Methane Sensor Readings and Weather Feeds

Weather feeds can be tied to shared sensor readings to improve data reporting and business logic.

Hello! We have updated our IoT application, Avimesa.Live, with methane sensor data capabilities in preparation for the release of their forthcoming Solar Field Unit and Solar Field Unit Travel Kits for methane detection and monitoring.

Also included in the release are weather forecast feeds via Windy.com. Weather events such as wind or varied temperatures can affect methane sensor readings and the ability to tie weather forecasts and sensor readings allow for improved data analysis and logic-based event triggers in the application.

Initial weather forecasts will include: wind, wind gusts, temperature, dew point, precipitation (rain, snow, convective), precipitation type, CAPE index, high clouds, medium clouds, low clouds, humidity, geopotential height, pressure, waves, wind waves, swell, swell 2, CO concentration, dust mass, and SO2. 

Logic such as “If wind gusts are greater than 30 then don’t send an alert” is one example of how the weather might be used to fine-tune user notifications  More complex logic can be constructed using other Avimesa features, such as perimeter awareness, to create highly aware alerts, notifications, and graphs.

Avimesa is compatible with the NevadaNano MPS methane gas sensor, which is included in the Avimesa Solar Field Unit and the Solar Field Unit Travel Kit, as well as Cubic SJH-100 methane sensor, with plans to add more in the future.

Pricing for the new climate feeds is free to Avimesa.Live beta users and the feature is available today.  Users will be able to get a free regional climate reading that updates often throughout the day. 


03.08.22

First Avimesa Travel Kit for methane (CH4) shipping next week!

First Avimesa Travel Kit for methane (CH4) shipping next week!

- The SFU Travel Kit contains everything needed, including a handheld Ubuntu computer, for Climate Scientists, Climate Engineers, and Oil and Gas sites, to pinpoint sources of methane in working yards and the associated yard equipment.  


AVIMESA SFU TRAVEL KIT

While we were working on the details for climate and oil & gas partners for the pole-mounted Solar Field Unit (SFU), we discovered a pain point that Avimesa can uniquely solve in a cost-effective way -- introducing the SFU Travel Kit.  It runs the same Avimesa software and uses the same methane sensor as the pole-mounted SFU, but the Travel Kit is handheld.  As you can imagine, installing the pole-mounted SFU  can be quite a bit of work and may even require digging a hole in the ground, etc.  We solve a pain point with a portable handheld unit for testing purposes.

Using the SFU Travel Kit is simple.  The user connects it to their smartphone for Internet access and explores the working yard for optimal locations to place the pole-mounted SFU.  An optional LTE hotspot is available for users that prefer to not use their phone.  This is enormously powerful because it is running the same exact software and uses the same exact methane, temperature, and humidity sensors as the pole unit.  And because it is transmitting data to the Avimesa cloud in real-time, it is instantly accessible to engineers and scientists at other locations and the home office.    Climate conditions are an integral part of methane measurements, so Avimesa's integrated regional climate readings are perfect for the task.  

Included with the SFU Travel Kit is:

  • Avimesa Methane Gun.  A handheld unit that includes methane, temperature, and humidity with self-calibrating logic.  It connects via the RS232 port on the back of the included handheld computer.
  • A GPD (6" screen) handheld computer running Ubuntu Linux and Avimesa Gadget.  The user sees the readings in real-time while it is transmitting data to the cloud for sharing with other engineers and scientists.
  • A lithium-ion auxiliary battery capable of powering the GPD for up to 10 hours without draining the built-in battery in the GPD.  This is essential for long testing hours, especially at night when solar does not work.
  • An Avimesa 30 watt solar charger to keep things charged for extended time in the field.  This is similar to the solar charger that investors get when they invest more than $1,000 in Avimesa thru StartEngine.  
  • An Avimesa burgee flag.  Not just for fun, this can be useful to get an idea of wind direction. 

The first Avimesa Methane Gun units are 3D printed by a high-end 3D printing house.  The industrial design will be mass-produced using injection molding.  It includes a highly accurate methane sensor (250 PPM) with integrated temperature and humidity sensing.

We are very proud of the  SFU Travel Kit.  It fills an important need in the ESG, Climate Change, and Oil & Gas markets because, unlike any other handheld unit, it runs exactly the same software and uses the same sensors as permanent pole-mounted units.   The MSRP is  $1,999, so it is very affordable for volume purchases.   Right now, we are supplying major key partners to do extensive joint testing.

Help Avimesa help the earth and make money too.  Please invest in Avimesa today!

Sincerely, 


The Avimesa Team


03.07.22

Notice of Funds Disbursement

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

Hello!

As you might know, Avimesa 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 Avimesa 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

03.02.22

Avimesa website gets facelift


Avimesa website update...  We have updated  our website to reflect our current emphasis on the addition of greenhouse sensing to our Flagship Avimesa Solar Field Unit (SFU).    It includes an updated overview of the SFU.  We are nearing completion of the SFU version with an integrated methane sensor and are finalizing the internal design for the sensor air flow and water resistance.  

We are getting excellent responses to our business development in the greenhouse gas / ESG mitigation space.  Whether you believe in climate change or not, there is a vast amount of money in detection for compliance, safety, and planning.   We have a lot of competitive advantage in this space  because of our ability to integrate shared sensors and regional climate feeds along with the sensors in our rules engine.  

If you have not yet invested in Avimesa -- come and join us!


The Avimesa Team


02.28.22

Notice of Funds Disbursement

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

Hello!

As you might know, Avimesa 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 Avimesa 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

02.28.22

New climate sensor for Avimesa

Update on investments:  On Friday, February 25th, we hit our $100k invested goal.  This means that the StartEngine system will automatically generate announcements to its base of investors.   Nice!

New Climate Sensor...  We just received delivery of  MPS Methane Gas Sensors from NevadaNano, a leader in the gas detection market.      MPS stands for their Molecular Property Spectrometer technology.  These sensors are in use in the most challenging environments -- from Arctic wellheads to shale fields in South Texas.  The sensors will be incorporated into our solar powered Avimesa ESG Climate Kits for the Oil and Gas industry.  Other uses include paints & solvents, chemical processing, algae growth, water runoff / drainage,  alloy manufacturing, and agriculture.

Our early study finds this NevadaNano sensor to be quite remarkable.  It has built-in environmental compensation, very low power requirements, and is inherently poison immune.  It can detect methane with a resolution of  only 250 parts of methane per million parts of ambient air.   It can also operate in very harsh environments ranging from -40° to 75° celsius.  

As previously announced, Avimesa is putting a lot of emphasis on developing and marketing kits for the massively growing gas mitigation business of fugitive methane emissions.  World government agencies, including the United States EPA, have made methane mitigation one of their highest climate priorities for 2022 and beyond.

We will keep you posted as we near the shipments of the first Climate Kit prototype.

- The Avimesa Team


REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign reward.
Venture Club

Venture Club

Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).

$500

$500+

Avimesa 10W Solar Travel Charger— perfect for all smartphones.

$1,000

$1,000+

Avimesa 40W Folding Solar Charger — perfect for laptops in the field.

$1,500

$1,500+

Avimesa 40W Folding Solar Charger and join the Avimesa Launch Party at Mission Bay Yacht Club!

$3,500

$3,500+

Avimesa comes to you and installs an Avimesa Solar Field Hub and six sensors (travel expense not included).

JOIN THE DISCUSSION

0/2500

AD
Alan DeRossett

3 years ago

Congratulations your product launch looks great. I will need some in 2022 for a project I'm working on in my day job. I'm planning on investing and understanding the share price can be addressed later in a stock split to make the secondary market more liquid. However, tell StartEngine your TERMS link on this page is Broken

Show more

2

0

JA
Joseph Austin

Avimesa

3 years ago

Thanks for pointing that out! I let StartEngine know to fix asap.


0

VG
Varun Gupta

3 years ago

what is YTD revenue and projected for 2022?

2

0

JA
Joseph Austin

Avimesa

3 years ago

Hi Varun. Thank you for the inquiry! The StartEngine Compliance Department will not let us release financial projections or forecasts because it would likely violate Reg CF SEC restrictions on forward looking statements. For 2021, we expect revenues to be around $200k for the year. I don't think that is forward looking because there are only a few days left in the year. Details of previous year numbers are part of our disclosure documents. The buik of our revenue in 2021 was from Tako, Inc. our first Master VAR, and their customers, who are predominantly in the semiconductor, chemical, agriculture and pharma industries. From a sales standpoint over this year, 2021, our focus with Tako has been selecting the best "use case" customers that help us test key pieces of our technology and not revenue which was mainly incidental. 2022 is going to be our first year of actual sales and marketing activity with a focus on revenue. For 2022, we are currently finishing up the development of our Starter Kits and expect to begin initial deployment in Jan/Feb 2022. The Starter Kits will typically cost around $100 for us to produce with the sensor being the variable amount. For example, our early emphasis is on climate / greenhouse gas sensing. Depending on the application, a methane sensor can range from $15 to $900. Our testing so far has shown that the most likely price point for ground level detection in the oil & gas industry is around $200 whereas it would only be $15 if we were to just do a yes/no of methane presence instead of the PPM in the surrounding air. In either case, the business model uses professional services to help the big clients plan their deployment and then follow on hosting fees for the cloud services. The markets we are going after are big and we do not expect to put our products into “Office Depot” (as an example) until 2023 as our 2022 sales and marketing is targeted at significant players in the target markets. Tako, Inc. is majority owned by MaximumVacuum.Com which is a major player in pumps for semiconductor, so we know how to size that sector. On climate there are all types of ways to size the sector and I think it is common knowledge that world governments are putting a lot of emphasis on methane mitigation. In November 2021, the EPA made this bold statement: “EPA is taking a significant step in fighting the climate crisis and protecting public health through a proposed rule that would sharply reduce methane and other harmful air pollution from both new and existing sources in the oil and natural gas industry. The proposal would expand and strengthen emissions reduction requirements that are currently on the books for new, modified and reconstructed oil and natural gas sources, and would require states to reduce methane emissions from hundreds of thousands of existing sources nationwide for the first time.” So, it is clear that Avimesa needs to target oil and gas before agriculture because the US and other world governments are opening up dramatic opportunities for cloud based climate sensing. Our initial sales and marketing emphasis is on “working yards” which are facilities that cover acres. A working yard focus takes advantage of key Avimesa advantages: (i) solar power options, (ii) ubiquitous sensor connectivity, (iii) context awareness of perimeter changes and regional climate conditions, (iv) shared sensors, and (v) and sensible additions to context awareness such as air based methane detection feeds from a variety of providers. As we ramp up our ability to produce starter kits, we will target each sector with specific sensor configurations – Avimesa has ubiquitous sensor connectivity and so this is mainly a matter of testing / sector specific documentation and very little development. Finally, our ubiquitous sensor interface gives us a lot of leverage. In a recent announcement, we announced the Ebara project. In the world of pumps, Ebara is one of the major manufacturers with a global footprint. Their pumps have many built-in sensors but are not cloud connected. The integration with Ebara and Avimesa Gadget is nearing completion and Ebara customers will be able to connect their alarms and warnings to the cloud for a small monthly fee and no sensor installation needed. Best regards, Joe Austin, CEO - Avimesa

Show more

0

JW
Jess Wiley

4 years ago

Does this product have compatibility with condition monitoring products from major Bearing and Power Transmission manufacturers? e.g. SKF, Rexnord, Schaeffler Group, ABB, etc

Show more

2

0

JA
Joseph Austin

Avimesa

4 years ago

Hi Jess. We have a lot of experience with condition monitoring, particularly in the semiconductor business because they use a lot of rotating equipment (e.g. vacuum pumps, etc.). Virtually all of our current semiconductor business comes from our Master VAR, Tako.Com who have their own application but use Avimesa Gadget, Avimesa Messages, etc. to manage their IoT in our cloud super-structure. In those applications they typically use 4-20mA sensors connected to an Avimesa 1000 based Tako SmartEdge Device for vibration, power, temp, speed, and pressure for condition monitoring. Your question is actually quite timely because we coincidentally announced our Ebara pump interface earlier today. In that case rather than use 4-20mA sensors, we tap into the sensors built in to the pump. That was a nice project as it was a clear proof of concept that Avimesa Gadget is really a gadget as it was very easy to integrate the readings into Avimesa. All of the work was writing the RS232 driver and code to handle Ebara's proprietary command set. The actual integration with Avimesa was done by our VP of Technology, Collin Hinson, and it took him less than a day! We have *a lot* of interest internally to connect our cloud super-structure to other products in a similar way that we did Ebara. One of the ideas is to create an interface to LonWorks, Modbus, and BackNET as many of the companies support those interfaces. An example would be integration with Rexnord products using Modbus TCP. We did Ebara first because it had a proprietary interface and our thought was doing that first would be the most difficult and we should get that out of the way. We are probably a few weeks away from deciding which interface is next but I am guessing the next one is likely to be either LonWorks or Modbus depending on customer choice. As a startup our road map is still influenced greatly by paying customers :) Anyhow, great question. Our product roadmap started with 4-20mA sensors because they are easily the most prevalent type of sensor used by industry. For the past year, we have been building up our support for cheap BLE sensors because that also allowed us to enable our cloud super-structure with perimeter awareness. Now, as you can by our Ebara pump announcement with Tako.Com, we are moving into directly interfacing with condition monitoring interfaces from manufacturers.

Show more

0

VN
Vy Nguyen

4 years ago

How, if at all, does this technology compare with or complement the Helium technology for IoT device connection & communication?

Show more

3

0

PP
Paul Peterson

4 years ago

Avimesa is exploring integrations with a number of blockchain oriented technologies, such as Helium — the opportunities are certainly abundant. Our APIs are based on standards such as AMQP, RESTful, and JavaScript, so integration is always a possibility but there is no current Helium interconnect for Avimesa Gadget. I might note that Jake Fields, one of our board members, is Chairman of the Blockchain in Transport Alliance (BiTA).

Show more

0

PA
Patrick Annan

4 years ago

I want to invest but the share price is too high to me. A start up with such high share price🙄🙄

3

1

SM
Spyrie Mays

4 years ago

I agree. See the possibilities here but per share is a little high to risk. Perhaps if offered on the secondary market will consider at this price.

Show more

1

HOW INVESTING WORKS

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

FAQ Timeline

WHY STARTENGINE?

Rewards Icon
REWARDS

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

Lock Icon
SECURE

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

Ellipse Icon
DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

FAQS

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, they are 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 cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation 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 be 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.

MIN INVEST
$131.32
VALUATION
$12.19M

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 (“SE Primary”), 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 (ATS) regulated by the SEC and operated by SE Primary. SE Primary is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

StartEngine facilitates three types of primary offerings:

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 concerning 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.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment. 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 Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC.

StartEngine Secondary (“SE Secondary”) is our investor trading platform. SE Secondary is an SEC-registered Alternative Trading System (“ATS”) operated by SE Primary that matches orders for buyers and sellers of securities. It allows investors to trade shares purchased through Regulation A+, Regulation Crowdfunding, or Regulation D for companies who have engaged StartEngine Secure LLC as their transfer agent. The term “Rapid,” when used in relation to transactions on SE Marketplace, specifically refers to transactions that are facilitated on SE Secondary, This is because, unlike with trades on the StartEngine Bulletin Board (“SE BB”), trades on SE Secondary are executed the moment that they are matched.

StartEngine Bulletin Board (“SE BB”) is a bulletin board platform on which users can indicate to each other their interest to buy or sell shares of private companies that previously executed Reg CF or Reg A offerings not necessarily through SE Primary. As a bulletin board platform, SE BB provides a venue for investors to access information about such private company offerings and connect with potential sellers. All investment opportunities on SE BB are based on indicated interest from sellers and will need to be confirmed. Even if parties express mutual interest to enter into a trade on SE BB, a trade will not immediately result because execution is subject to additional contingencies, including among others, effecting of the transfer of the shares from the potential seller to the potential buyer by the issuer and/or transfer agent. SE BB is distinct and separate from SE Secondary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. By contrast, under SE BB, SE Primary assists with the facilitation of a potential resulting trade off platform including, by among other things, approaching the issuer and other necessary parties in relation to the potential transaction. The term “Extended”, when used in relation to transactions on SE Marketplace denotes that these transactions are conducted via SE BB, and that these transactions may involve longer processing times compared to SE Secondary for the above-stated reasons.

Even if a security is qualified to be displayed on SE Marketplace, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.

The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine. It also does not constitute an endorsement, solicitation or recommendation by StartEngine. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, (2) assist in the determination of the fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.