1346 Views

Micro Wind turbine manufacturer with IP and paid customers seeks $2M against $15M valuation.

4.5

Christopher Galazzi Mon, 2012-01-16 14:58

Christopher Galazzi · Mon, 01/16/2012 - 15:58

Business

Business Overview: 

WindStream manufactures alternative energy systems small enough, efficient enough, and affordable enough for everyone to lessen their environmental impact while reducing electricity costs. WindStream is now shipping its innovative mass-produced line of vertical axis wind turbines for municipal, residential, commercial and off grid use, lowerring customer energy costs, while reducing their greenhouse gas emissions and dependence on fossil fuels.

Project Type: 
Industry: 
Project Location: 
New Albany, IN, 47150
United States

You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.

What are your future milestones, and how much capital will you need to achieve each of the milestones outlined?: 

Staffing up to manufacture 10,000 units, meeting customer sales in 2012.

What is your total and operating cash burn (the amount you're spending) per month? : 

Approximately $125,000

How many future rounds of financing do you project? : 

One final round within 12 months to enable rapid worldwide manufacturing and distribution.

Services Desired: 
Capital Broker/Dealer
Who is the Customer?: 

Residential, Commercial and off-grid energy consumers, worldwide

What is the Customer Pain that you are solving?: 

Lack of affordable, renewable, scaleable distributed energy solutions

Names of any current or recent customers: 

Buffalo Bills, NY

US Embassy, Helsinki

What is the Target Market?: 

1.6 Billion people living without any access to electricity, and both urban and rural grid connected  residential and commercial customers seeking affordable supplementary energy solutions

How big is the Target Market in terms of Annual Sales?: 
$200M-$500M
Sales/Marketing Strategy: 

Distribution Agreements with in country (worldwide) existing residential and commercial solar installers, looking for scaeleble, affordable micro wind solutions complementing/augmenting existing installed solar base

Provide use cases : 

See Buffalo Bills instalation video

Competition: 

Micro Wind is a category WindStream dominates; there are no known competitors at this price point, with this efficiency rating

One-line Pitch: 

Connecting people worldwide to affordable, highly efficient mass produced, scaleable alternative energy systems

Business Model: 

See attached PPT summary

Product/Services Overview (what does it do): 

See attached power output curve

Technology

What makes the technology/business unique and have a defendable competitive advantage?: 

First to market through worldwide distribution/instalation to existing customers with defendable IP, utilizing high volume manufacturing to drive down BOM

Describe in detail the technology used in the Project - Address the innovation in significant detail : 

Contact for details on IP and manufacturing facility tour; units are now in production

What are the principles of the technology? : 

Mass produced, highly efficient stators, generators and electronics generate low cost per watt power in light wind environments

What, if anything, has been proven (and how far is this from a commercial scale)? : 

Currently in full production at Indiana manufacturing facility

What challenges/risk does the technology face for commercialization?: 

Currently in full production at Indiana manufacturing facility

Team

NameTitle
Dan BatesCEO
Claudio ChaimiPresident
Ryan KeatingCFO
Travis CampbellCTO
Christopher GalazziCMO
Current Investors: 
Contact for current investor data

Financials

Amount Sought: 
$2,000,000
If raising funds, what shall the funds be used for?: 

 

Pre-Money Valuation: 
$15,000,000
Funding Received to Date: 
$4,150,000
Funding Stage: 
Growth

Testimonials

There are no posts on the Testimonials yet. Login to post a Testimonials