ReNewSnow

ReNewSnow

Low Cost Snow Making

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Security Type
Common Stock
Categories
Technology
Min Investment
$10
Location
Portland, ME
Offering Date
December 06, 2021
Expected Close Date
September 01, 2022
Target Raise
$600.00K-$1.07M
Security Price
$10
Website
ReNewSnow.Ski
Number of Employees
2
Cash
$28,334
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-6,498

Company Description

We are disrupting the world of snowmaking with solutions that enable ski resorts to virtually eliminate CO2 emissions and reduce energy costs by 30%. The SnowPod System captures water from the mountain's accessible, high elevation springs and streams before it flows down. The system feeds water to nearby snowguns where it is converted to snow and blasted onto the slopes. The snow eventually melts and continues its natural path to the lakes and rivers below

Key Deal Facts

Climate crisis is warming ski resorts, forcing costly, water and energy-hungry snowmaking machines to worsen global warming.
The current 50 yr. old process uses electricity to pump large amounts of water several miles from distant lakes and rivers and then several thousand feet up a mountain to where the water is connected to snowgunsto make snow.
Amount Raised : $1,070,000
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Security Description

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