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Security Type
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Common Stock
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Categories
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Infrastructure, Technology, Real Estate, Energy, Financial Services, Sustainability
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Min Investment
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$100
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Offering Date
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September 26, 2021
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Expected Close Date
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April 26, 2024
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Target Raise
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$10.00K-$1.00M
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No. Investors
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106
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Security Price
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$1.04
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Valuation
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$8,986,640
- Number of Employees
- 12
- Cash
- $77,125
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $1,192,643
- Net Income
- $-1,019,648
Company Description
We never wanted just to improve the current technology of wind turbines. We rethought the whole concept. We created a wind turbine which can be harmoniously integrated into people’s lives and surroundings to produce electricity where it’s needed the most, in places where people live and work. product is a new type of wind generator that has high efficiency and low price per kW, designed for commercial objects and private houses in urban and suburban areas.
Key Deal Facts
Affordable, customizable, low noise turbine fit for urban & suburban use
Successfully developed & patented technology after 5 years of R&D
More efficient than conventional wind turbines, up to 50% aerodynamic efficiency
Wide applicability: commercial real estate, residential housing, EV charging stations
$50 billion market opportunity
Received funding & accolades from European Bank for Reconstruction and Development (EBRD)
Use of Proceeds
- ($50,000) 40% - Product development. Sirocco Energy plans to continuously improve its wind turbine and make it available in various sizes. Moreover, we plan to introduce iOS and Android apps where customers will be able to track daily energy generation. 40% - Business Development and Sales. Our goal is to have superb business development and sales/marketing. Sirocco Energy will run its marketing on а lean, cost-efficient basis in order to keep user acquisition costs to one of the lowest in the industry. 13.5% - Admin and OPEX. Since the beginning, Sirocco Energy ran а lean, cost effective start-up and plans to continue to do so in the future. We envision day-to-day operations expenses, such as rent, bookkeeping, testing facility for the wind generator and others. 6.5% - Wefunder fee.
- ($1,070,000) 35% - Product development. Sirocco Energy plans to continuously improve its wind turbine and make it available in various sizes. Moreover, we plan to introduce iOS and Android apps where customers will be able to track daily energy generation. 35% - Business Development and Sales. Our goal is to have superb business development and sales/marketing. Sirocco Energy will run its marketing on а lean, cost-efficient basis in order to keep user acquisition costs to one of the lowest in the industry. 13.5% - Admin and OPEX. Since the beginning, Sirocco Energy ran а lean, cost effective start-up and plans to continue to do so in the future. We envision day-to-day operations expenses, such as rent, bookkeeping, testing facility for the wind generator and others. 10% - Legal. Our goal is to expand internationally and offer our product to users in many countries. In order to be able to be able to operate on a global scale we will need to establish а solid legal foundation for Sirocco Energy. 6.5% - Wefunder fee.
Management Team / Advisory Board Bios
Taras Vodyanyy, CEO
Serial entrepreneur. 13 years of experience in management, marketing and sales. Founder of the marketing agency TAK.
Anna Pryimak, COO
Organizational psychologist with 11 years of management experience. Co-Founder of the hardware startup incubator DIY LAB.
Oleksandr Pryjmak, CTO
Highly experienced engineer and inventor with the wide expertise in fields from mechanical engineering to aerodynamics.