Amped Innovation

Distributed solar power — for the billions who live where the grid has failed

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Amount Raised: $116,294
Security Type
Crowd SAFE
Min Investment
$100
Location
PALO ALTO, CA
Offering Date
October 03, 2022
Expected Close Date
March 24, 2023
Target Raise
$25.00K-$5.00M
No. Investors
152
Security Price
$1
Number of Employees
9
Cash
$1,524,237
Revenue
$2,765,326
Short Term Debt
$3,124,777
Cost of Goods
$2,063,088
Long Term Debt
$0
Net Income
$1,239,842

Key Deal Facts

Invest in a clean tech company that makes money while doing social good!
Huge market: 1.5 billion people live with unreliable electricity
CO2 savings equal to ~350 coal fired power plants over next 10yrs
Female co-founder and diverse management team
Existing investors include energy giants: Engie and Schneider Electric
Sold >130,000 similar solar products in Africa & Asia; $2.7M revenue (2021)

Perks

Invest
$1,000
Receive
Limited edition Amped investor t-shirt.

Invest
$2,500
Receive
Items above +
Donate a product launch t-shirt to our distributors' sales force in Africa.

Invest
$5,000
Receive
Items above +
Donate one free solar generator to a business or family in Africa
Limited (30 left of 30)

Invest
$20,000
Receive
Items above +
A solar generator of your own!
Limited (100 left of 100)

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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