Multiturbine

Cheaper and Cleaner Wind technology to Disrupt the Wind Energy Industry

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Security Type
CAFES
Categories
Technology, Financial Services, Energy, Sustainability
Min Investment
$100
Location
Minneapolis, , MN
Website
multiturbine.com

Key Deal Facts

MultiTurbine reinvented the $100B renewable wind energy market with its game-changing technology
Our technology overcomes large turbines challenges, while reducing costs & environmental footprint.
We aim to disrupt the Wind Energy industry in the same way SpaceX or Tesla disrupted their domain.
MultiTurbine is a perfect match to benefit of the Inflation Reduction Act ($500B budget)
Over the last 5 years we have engineered our game-changing design and tested a 1:30 scale model
Our multi-disciplinary Team is well-posed to leverage the quick rise of offshore and onshore wind
The increasing clean energy demand will result in healthy growth and market opportunities
$175B billion market by 2030 (www.precedenceresearch.com/wind-energy-market)

Management Team / Advisory Board Bios

Matthew Michel Founder - CEOCEO of Universal Engineering Services - Leader of a highly experienced team of professionals dedicated to excellence in mobile equipment systems and structural design, leading delivery of exceptional results for clients., Jacques Souquet Founder - CTOInventor - Expert in wind turbine design and manufacturing. 25 years experience in wind, 10 years experience in design and industrialization of automotive components. Founder and CEO of small wind turbines company Eoltec SAS (2002-2015), Usman A. Fateh Founder - AdviserSerial entrepreneur, 22 years in wind, involved in both projects development as well as technology side of onshore as well as more recently offshore wind.
CEO of the Spanish company ERC, at the origin of the Multiturbine project., Alan J. Egging Operation Manager35 Years of Experience in Mechanical Engineering, Andrea Wichner Design Engineer25 Years of Experience in Mechanical Engineering, Tim Berg Design Engineer30 Years of Experience in Mechanical Engineering, Dmitry Spivak Design Engineer30 Years of Experience in Mechanical Engineering, Christopher P Chiasson Design Engineer25 Years of Experience in Mechanical Engineering & Oil Industry
Amount Raised : $90,500
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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