The SMART Tire Company

Reinventing the tire w/NASA for the $1T electric and autonomous vehicle future

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Security Type
CAFES
Categories
Sustainability, Technology, Financial Services, Retail, Community & Lifestyle, Transportation & Storage
Min Investment
$100
Location
Akron, , OH
No. Investors
1
Valuation
$54,455,000
Website
smart.tires

Key Deal Facts

Fortune 500 connections: multiple aerospace customers & automotive interest
Exclusive NASA license & 5x new patent pending tire designs and innovations to corner the market
First ever never flat, fuel-efficient & sustainable tire technology for a new era of transportation
$300B market opportunity to disrupt the 100+ year old global tire industry
5000+ customer waiting list for our groundbreaking METL™ bicycle wheelsets
First ever patented space tire for rovers and vehicles on Mars and the Moon
Partnerships: NASA, Felt Bicycles, Spin Scooters, The Ohio State University, University of Akron

Management Team / Advisory Board Bios

Earl Cole CEOTechstars mentor, Stanford & University of Washington business program mentor, worked with mega brands @Disney, @Honda, @Google. Proud father (x2), serial entrepreneur and unanimous Survivor champion., Brian Yennie CTO3x cross-industry technical founder. Previously @IDEX, @Showroom, @Newzcard. Creator of first eco-friendly virtual world for kids. National Merit Scholar. Owner / admin @CelticsStrong., Jim Benzing Principal EngineerR&D 100 Award Winner, original inventor of the lunar spring tire, NASA consultant, 20+ tire patents. 43 years at Goodyear include developing production manufacturing equipment and overseeing factory rollouts on 4 continents., Charles Weinberg Shape Memory Alloy ConsultantPhD in Mechanical Engineering from University of Minnesota. Studied structural design with shape memory alloys and co-authored papers on new nitinol applications & forms., William Farah , Esq General Counsel, Venture Capital AdvisorEntrepreneur & lawyer. Consultant for SOS Ventures. Director @ First Step Foundation and former ATP tour tennis pro., Karen Jones, MBA Advisor, Federal Aviation AdministrationExecutive MBA with 20+ years experience working for the government in supply chain logistics and employee relations. Enterprise operations for the FAA in dealing with businesses, government and labor regulations within the aviation industry., Angela Helin Advisor & InvestorPrincipal Load Engineer, SpaceX, Brennan Swain Patent / IP Counsel
Amount Raised : $1,068,195
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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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