EarthGrid PBC

Tunnel-boring technology designed to create an underground network of tunnels. Aiming to eliminate fossil fuels and offer high-speed internet, clean water, wastewater, and transportation & delivery services.

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Form C
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Security Type
Common Stock
Categories
Technology
Min Investment
$99
Location
Richmond, CA
Offering Date
November 14, 2022
Expected Close Date
October 15, 2024
Target Raise
$10.01K-$3.00M
Security Price
$5.50
Valuation
$80,412,096
Website
earthgrid.io
Number of Employees
28
Cash
$7,688,621
Revenue
$391,255
Short Term Debt
$26,664
Cost of Goods
$0
Long Term Debt
$21,474,836
Net Income
$-12,883,069

Company Description

Imagine a network of underground utility tunnels, big enough to walk in and perform maintenance that normally requires specialized equipment and tremendous expense, connecting every city (including underserved communities) on every continent, moving 100% clean energy, water, high-speed data & e-commerce goods via pneumatic tubes.What if these tunnels are created exponentially faster at a fraction of the cost of conventional techniques, with a plasma-powered robot using primarily renewable power & air? Does that sound like a future you want to help build?

Amount Raised : $1,243,050
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Security Description

Common stock is a security that represents ownership in a corporation.

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