This is a fundraising project for a microgrid company that is seeking to raise $5 million of equity for working capital to fill existing orders, product assembly and sales. We are seeking equity investors who invest in early stage microgrid companies or consultants with investment banking or related backgrounds with knowledge of the sector who can: a) develop a vetted list of target investors b) make introductions and c) provide a list of recent investment activities as needed.
ABOUT THE COMPANY / OPPORTUNITY
The Company is a technology based energy company that offers microgrid in a box. It has 35 units of its current product in operation following an update of its first generation product that sold $2 million to the residential market in 2016-2017. The company updated its product in 2018 and is ready to ship to fill immediate purchase orders of nearly $8 million and expects to generate $1.5 million in EBITDA within 12 months. The company currently sales through 18 distributors / dealers and has $20 million of orders in the pipeline that it believes will convert to sales in 24-36 months. The company plays in a multi billion dollar market targeting hotels, restaurant, offices, dormitories, clinics and similar commercial facilities and has a 2-5 years customer payback depending on cost of electricity vs. cost of gas. The company has raised $10 million in equity and debt mostly from the founder and friends and family for its product development and patents.
The family of products the company offers meet a growing need for local, clean and efficient energy from 5 KW to 1MW. The products disrupt the classic power generation industry by providing an immediate lower cost energy solution that is more efficient and cleaner than grid supplied power. The company offers local energy management via web-based applications, supply of continuous power resistant to grid interruptions, energy storage, renewable energy interfaces such as solar and true distributed generation while enabling scaling to fit almost any size application for cooling, heat and power. The products are a high-efficiency, multi-energy (electrical & thermal), Nanogrid Appliance that combines cooling, heat and power (CCHP) in a complete, all-in-one mechanical solution that saves energy costs, enables renewables and turns Wasted and Ambient Heat into Secure, Clean, Controllable Energy. The company has 2 US patents for power generation method and systems and have 18 more in progress.
If you are an investor in the sector interested to learn more or have a proven track record in similar consulting projects to help raise capital in the sector, please request to connect with this project. You will quickly connect with the project manager to privately discuss your background and how you may participate.