About this raise

Flower Turbines is here to disrupt the wind turbine industry - one artistic wind turbine at a time. Their patented innovative small wind turbines show tulip shape displays in different images as they rotate. They use something called “the cluster effect,” which means that Flower Turbines make neighboring Flower Turbines, when spaced correctly, produce 20-50% more energy than when alone. This enables a new business model, as well as a mass-production manufacturing model. So far, Flower Turbines has won second place in the Cleantech Open, and in May 2018, they were one of the winners of the US-China Innovation Forum contest. As of June 2018, they’re negotiating a joint venture in China as well. The bottom line is that Flower Turbines makes clean energy without taking away land from agriculture or housing, or posing a threat to wildlife.

Investment Overview

Invested this round: $1,069,804

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
06/28/2018
Close Date
11/30/2019
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    

Price Per Share

$10.00

Pre-Money Valuation

$7,600,000

Financials

 Revenue
$0
as of FY17
 Monthly Burn
$3.5K
as of FY17
 Runway
6.8 months
as of FY17

Summary Profit and Loss Statement

FY 2017 FY 2016

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-42,415

$-90,229

Summary Balance Sheet

FY 2017 FY 2016

Cash

$24,163

$0

Accounts Receivable

$0

$0

Total Assets

$136,450

$92,361

Short-Term Debt

$23,385

$23,331

Long-Term Debt

$0

$0

Total Liabilities

$23,385

$23,331

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 StartEngine $148,106,364 $1,363,334 Equity - Common Funded RegCF
05/31/2024 StartEngine $133,682,160 $1,798,586 Equity - Common Funded RegCF
02/22/2024 StartEngine $124,570,000 $4,558,015 Equity - Common Funded RegA+
12/30/2021 StartEngine $61,700,000 $9,175,306 Equity - Common Funded RegA+
02/25/2021 StartEngine $26,017,770 $1,032,120 Equity - Common Funded RegCF
11/30/2019 StartEngine $7,600,000 $1,069,804 Equity - Common Funded RegCF
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