Farm to Flame Energy

Renewable on-site electricity at half the cost of diesel

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Security Type
Convertible Note
Categories
Technology, Energy, Sustainability, Financial Services, Community & Lifestyle, Education
Min Investment
$250
Location
Duquesne, PA
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$5.00M
No. Investors
191
Security Price
$4.45
Website
ftfenergy.com
Number of Employees
4
Cash
$208,527
Revenue
$149,582
Short Term Debt
$744,048
Cost of Goods
$20,885
Long Term Debt
$0
Net Income
$254,385

Key Deal Facts

Smokeless electricity generators provide electricity for commercial buildings using biomass waste
Raised $1.9M, including grants from Environmental Protection Agency and NJ Commission of Science
Founding team are MIT, Syracuse and Carnegie-Mellon alum
Contract signed to deploy commercial unit to Think and Grow Farms Greenhouse in New Jersey
Collaboration letter signed with Georgia-Pacific, who produces 10% of U.S. woody biomass electricity
Seed-round lead by social impact fund, the Richard King Mellon Foundation

Management Team / Advisory Board Bios

Kwaku Jyamfi Chief Executive OfficerLead engineer, built FTF 30KW Generator. Won 5 entrepreneurship competitions. Awarded NJ CSIT Seed grant. Secured PPA contract for 30KW pilot deployment and a waste-to-energy project with Georgia-Pacific., Stefano Alva Chief Financial Officer Awarded EPA grant. Inducted FTF in 4 accelerators program that provided funding. Enabled FTF to access sponsored work space, and employees. Produced commercially compliant fuel from biomass waste, certified by third party laboratory, Mark DeSantis Board MemberCEO of Bloomfield Robotics. +$100M in exits. including BMW, GE and Michelin. Expert in ag-tech and energy, with a successful track record of commercialization of new technology. Adjunct Professor at Carnegie-Mellon University, Stan Fischer Business Development AdvisorVP of Sales of Vestlynx. $180M in exits, including an IPO. Serial Entrepreneur, experience in high-tech sales. Drives business development through client, investor and partner outreach., Will McKnight Chief Revenue Officer Working with patented combustion process for 10+ year. Runs $15M/year sales department for Schneider Electric. Travelled to Nigeria to obtain $1.2M contract with the University of Calabar.
Amount Raised : $262,350
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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