PowerBox Technology

We empower factories to combat climate change with renewable energy solutions

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Security Type
CAFES
Categories
Technology, Community & Lifestyle, Energy
Min Investment
$100
Location
Champaign, , IL
Website
powerboxtech.com

Key Deal Facts

CEO Oscar Azofeifa brings over a decade of experience in the renewable energy sector.
The founding team has launched and scaled multiple successful startups.
Affiliated with a National Science Foundation-funded center, ensuring innovation.
PowerBox EMP software operates at three pilot sites, proving real-world application.
Developed a small-scale PowerBlock prototype, demonstrating innovation.
Awarded Google Cloud for Startups, showcasing strong technological promise.
Part of the University of Illinois iVenture Accelerator, driving rapid growth.

Management Team / Advisory Board Bios

Oscar Azofeifa Castillo CEO/CTO10+ years of experience building renewable energy tech, including an acquired clean tech startup and a power conversion technology company in Costa Rica., Luciano BarrabinoSr. Software EngineerFull Stack developer from Chaco, Argentina, specializing in dynamic interfaces and real-time dashboards. Experienced in React, Node.js, MongoDB, Docker, Python, and ChartJS. Currently contributing to innovative solutions at Power Box Technology., Dr. Magnus AnderssonAdvisor: Strategy and Operations20+ years of experience in Deep Tech. $15 M raised in co-founded company. 50+ tech publications and 1 patent., Dr. Santiago Núñez-CorralesAdvisor: Advanced ComputingQuantum Computing lead researcher at the National Center for Supercomputing Applications. 20+ years of experience in Informatics and Computer Science., Dr. Elias KourpasAdvisor: Business Development and InnovationProven tech entrepreneur with decades of experience building companies, working in corporate innovation and academia.
Amount Raised : $57,360
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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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