Amped Innovation

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

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Form C
View on Republic
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
311
Security Price
$1
Website
ampedinnovation.com
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)

Management Team / Advisory Board Bios

Kurt Kuhlmann
Co-CEO

Andi Kleissner
Co-CEO

Dan Matthews
COO

Nicholas Maina
VP of Sales

Kathy Kyne
Financial Controller

Karimi Ndigah
Senior Sales Manager

Steven Wang
Manufacturing Operations Manager

Gilbert Muiruri
Global Logistics Manager

William Snyder
R&D Test Engineer

Mamour Seck
Technical Sales Manager, West Africa

Ken Wu
Vendor Manager

Stefan Kutz
Manufacturing Engineer

Jeff Bennet
Sales Operations

Lanny Deng
China QC

Michael Murdock
Firmware Engineer
Amount Raised : $179,365
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

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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