Tagged: green

Solaris Power Cells reports $400,000 investment round


solaris power cellSolaris Power Cells raised $400,000 as part of a fully subscribed non-brokered equity offering. The subscription lured six investors. The company closed three previous unregistered private placements which raised an estimated $375,000.
Solaris Power Cells trades under symbol OTC: SPCL.

Solaris Power Cells designs, markets and manufactures solar energy storage devices, specifically a passive electron storage array power cell. According to the company, the battery doesn’t require maintenance, routine replacement, and is environmentally friendly.

The company, headquartered in Palm Springs CA, is led by Vincent A Palmieri (CEO). Solaris Power Cells elected to keep its revenues undisclosed.
The executive team includes Leonard Caprino, Raymond Madick, Roy Givens and Vincent Anthony Palmieri.

The company has raised an estimated total of $775,000 via private unregistered security offerings.

Offering recap
Status: Completed
Company: Solaris Power Cells
Industry: Other Energy
Amount offered: $400,000
Amount placed: $400,000
First sale: 05-20-2014
Data as of: 05-20-2014

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TreeHouse files for first close after selling 71%


treehouseA first close of $500,000 was initiated by TreeHouse on its $700,000 equity offering. So far nineteen investors committed to the non-brokered placement which started a little over a week ago. Based on the offering’s structure, the company has until May 2015 to raise an extra $200,000. Two previous unregistered financing rounds raised an estimated $8.85 million.

The company is a green local home center and building supply retailer. The company curates all its products and scores them based on health, design, performance and sustainability, as well as the corporate responsibility of the companies who made them. The company also offers a turn-key residential solar program.

The company, headquartered in Austin TX, is led by Jason Ballard (President). TreeHouse elected to keep its revenues undisclosed.

The executive team includes Garrett Boone.
The board of directors includes Bruce Hc Hill and Justin Cox.

The company has raised an estimated total of $9.35 million via private unregistered security offerings.

Offering recap
Status: First close
Company: TreeHouse
Industry: Retailing
Amount offered: $700,000
Amount placed: $500,000
First sale: 05-06-2014
Data as of: 05-14-2014

Investors buy $500,000 worth of Probiotic Holdings’ equity


probiotic holdingsProbiotic Holdings disclosed placing 11% of its $4.5 million non-brokered equity. Based on the filing, four investors started to subscribe to the $500,000 first close on April 16th. An additional $4 million in funding is to be raised until the offering draws to a close in April 2015. A total of ten unregistered securities offerings closed by the company raised an estimated $12.43 million.

Probiotic Holdings is the parent company of SCD Probiotics and Proviera Biotech. The company commercializes probiotic technology and products, ranging from wellness supplements to all purpose cleaners, designed to improve individual health and respect the environment. SCD Probiotics’ technology includes efficient and beneficial micro-organisms for human and animal health, aquaculture, environmental remediation, waste treatment, and odor control among others. Proviera Biotech markets innovative green biochemicals powered by probiotics for the leather tanning industry. The world health organization defines probiotics as “live micro-organisms which, when administered in adequate amounts, confer a health benefit on the host”.

The company is headquartered in Kansas City MO. Revenues on or below $25 million were reported by Probiotic Holdings.
The executive team includes Matthew Wood.

The company has raised an estimated total of $12.93 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Probiotic Holdings
Industry: Other Technology
Amount offered: $4.5 million
Amount placed: $500,000
First sale: 04-16-2014
Data as of: 05-01-2014

Aquafiber Technologies files $1 million final close


aquafiber technologiesAquaFiber Technologies disclosed selling $1 million worth of equity securities as part of a new financing round. The financing which started to sell one month ago was subscribed in full by twenty-seven investors. The equity offering’s estimated net proceeds amount to $726,000 excluding $274,000 earmarked for the payment of officers’ salaries. The company closed three previous unregistered private placements which raised an estimated $23.9 million.

The company developed and commercializes a patented, dual nutrient (phosphorous and nitrogen) removal process that cost effectively removes nutrients, bacteria, metals and toxicity from surface waters and industrial wastewater. In addition to the benefits of surface water remediation, the algal biomass produced from the process represents a potential secondary market in renewable energy production and sustainable soil amendments.

The company is headquartered in Winter Park FL. Revenues on or below $1 million were reported by AquaFiber Technologies.
The executive team includes Duane De Freese, Kirby B Green, Rebecca Taylor Burnett, Ronald L Edwards, Ronald P Allen and William W Fagan.
The board of directors includes George Thomas Bland, James Madison, Kenneth C Wright, Mary Olson, Michael Marder, Mj Soileau, Richard A Nunis, Robert F Stonerock, Thomas Yochum and Thomas L Keon.

The company has raised an estimated total of $24.9 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: AquaFiber Technologies
Industry: Other
Amount offered: $1 million
Amount placed: $1 million
First sale: 02-28-2014
Data as of: 04-08-2014

Soapbox Soaps re-opened and upped its offering cap to receive $260,000 in commitments


Change: offered +164% / raised +108% / placed 79%

soapbox soapSoapbox Soaps re-opened and upped its debt financing to $330,000 from $125,000 after selling additional securities. A total of two additional backers invested $135,000 in the company’s offering. The prior information, filed almost six months ago, stated one investor had committed $125,000. Soapbox Soaps’ offering has $70,000 left up for subscription. The offering’s expected net proceeds will amount to $326,000 which excludes $4,000 to be paid toward officers’ salaries. The subscription is structured to close once the 21% left is fully subscribed or in six months at the latest. The company closed three unregistered private placements which raised an estimated $2 million.

The company markets natural soap with a purpose. The company donates either one bar of soap, fresh water or vitamin supplement to a child in need for every bar of soap purchased. The company donates in the US and also abroad. The company’s products include bar ($4.99) and liquid soap ($6.99) and it is in the process of launching body wash. Soaps contain gluten free ground oatmeal, organic shea butter and sea salt. They are free of palm oil, parabens, phthalates, sodium lauryl sulfate and other petrochemicals.

The company, headquartered in Alexandria VA, is led by David W Simnick (CEO and Co-founder). Soapbox Soaps kept its revenues undisclosed.
The executive team includes Daniel Doll.

The company has raised an estimated total of $2.26 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: Soapbox Soaps
Industry: Retailing
Amount offered: $330,000
Amount placed: $260,000
First sale: 10-02-2013
Data as of: 03-20-2014

New investors commit to Earthineer’s financing, cap was revised upward


Change: offered +49% / raised +100% / placed 50%

earthineerEarthineer upped its equity financing by 49% to $373,000 following additional commitments. This is the first time the offering, which launched in January 2013, is reported as subscribed. The seven investors started to acquire $188,000 worth of securities in January 2013. There is now $185,000 in securities left up for subscription. The offering’s expected net proceeds will amount to $323,000 which excludes $50,000 to be paid toward officers’ salaries. The offering is structured as indefinite and will remain open until fully subscribed. This is the first offering of unregistered securities under regulation D reported by Earthineer.

The company developed and maintains a free social website for sustainable living and homesteading. The platform offers users premium content from professionals and a way for homesteading communities to connect and share resources. The company will be releasing a trading and bartering tool toward the end of the year.

The company, headquartered in Glencoe KY, is led by Daniel Adams (President). Earthineer kept its revenues undisclosed.

Offering recap
Status: Intermediary close
Company: Earthineer
Industry: Other Technology
Amount offered: $373,000
Amount placed: $188,000
First sale: 01-17-2013
Data as of: 03-20-2014

ALeco Container’s private placement is now capped at $850,000


Change: offered +13% / raised 0% / placed 0%

aleco containerALeco Container, does business as Evolution Bottles, reported increasing its equity offering by 13%. The company is now looking to issue an additional 100,000 worth of securities on top of the $750,000 disclosed last Tuesday. It appears no investor has committed to buy securities offered by the company as of the filing’s date. The company closed three unregistered private placements which raised an estimated $5.06 million. The company is backed by 9th Street investment the corporate investment arm of Coorstek. The VC firm focuses on the advanced materials sector.

The company designs, manufactures, and fills (upon request) lightweight, eco-friendly, custom aluminum bottles and containers for low volume producers of specialty beverages, and also license additional manufacturing lines for non-competitive customer applications. The company leverages a low speed drawn-and-ironed process as well as proprietary technologies for forming, necking, and decorating aluminum bottles and containers.

The company, headquartered in Arvada CO, is led by William Scott Coors (President and CEO). Revenues were not reported.
The executive team includes Evan Watkins.

Offering recap
Status: Launched
Company: ALeco Container
Industry: Manufacturing
Amount offered: $850,000
Amount placed: $0

e-Chromic Technologies issues $290,000 worth of securities


e-chromice-Chromic Technologies‘ released a press release yesterday which announced the first close of its’ $600,000 seed financing. It surfaced today that 49% of e-Chromic Technologies’ $600,000 unregistered private offering was placed on January 31st. The non-brokered equity securities were subscribed by three investors one of which was Amplifier Ventures a DC based seed stage investment firm. The first close garnered $290,000 and was led by Amplifier. The offering will remain open until January 2015 while an additional $310,000 worth of securities is sold to investors. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC. The company has received about $400,000 in grants thus far.

e-Chromic Technologies has an exclusive commercialization agreement with the National Renewable Energy Lab (NREL) for patented electrochromic thin film technology which can be used to turn existing windows into highly energy efficient smart windows. When switched to reflective mode the film significantly reduce solar heating through windows and therefore dramatically reduce air conditioner usage. According to the Department of Energy models, the company’s reflective technology will deliver 43% greater energy savings than state of the art absorptive technologies at less than half the cost.

e-Chromic Technologies, registered in 2014, is headquartered in Niwot CO. It is led by Loren Burnett (Chief Executive Officer). Revenues were not disclosed. The board of directors includes Jonathan Aberman and Richelle Lyons Burnett.

Offering recap
Status: First close
Company: e-Chromic Technologies
Industry: Energy Conservation
Amount offered: $600,000
Amount placed: $290,000
First sale: 2014-01-31

MindBodyGreen.com quietly raised $1.24 million two months ago


mindbodygreenMindBodyGreen disclosed selling $1.24 million worth of equity securities as part of a new financing round. The financing which started to sell a couple of months ago was subscribed in full by thirty-one investors. This is not the first time the company files unregistered securities with the SEC according to a concurrent filing. The company is backed by Wasatch Mountains’ incubator Summit.

The company developed and markets a media platform about wellness. The goal of the free site is to provide all the necessary knowledge for people to have a holistic approach to wellness. The platform is according to the company “one of the fastest growing media brand in wellness” with 10 million+ monthly unique visitors.

The company is headquartered in Brooklyn NY. Revenues on or below $5 million were reported by MindBodyGreen. The executive team includes Jason Wachob, Stephen Carver Anderson and Timothy Glenister. The board of directors includes Arthur Pergament and Jay Faires.

In a concurrent filing, MindBodyGreen disclosed having raised $640,000 in a fully subscribed offering (A filing that should have been filed 1+ year ago). The company has raised an estimated total of $1.88 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: MindBodyGreen
Industry: Other
Amount offered: $1.24 million
Amount placed: $1.24 million
First sale: 2013-12-18

Second successful placement in six months for CycleWood Solutions


cyclewood solutionsCycleWood Solutions successfully sold $1.45 million worth of securities last week. The non-brokered private placement was subscribed by two investors. A previous unregistered offering initiated by the company raised an estimated $550,000 under regulation D. The company is backed by Trailblazer capital a seed and early-stage investment boutique focusing on companies based in Texas, Oklahoma and Arkansas.

The company commercializes a patented technology to make biodegradable and compostable thermoplastic. Its main product is “XyloBag”, a cheap plastic bag alternative designed for everyday-use which breaks down into humus in 150 days. The technology can be applied to a variety of commercial plastics including cup and plates.

The company, headquartered in Dallas TX, is led by Nhiem Cao (Chief Executive Officer). CycleWood Solutions kept its revenues undisclosed. The executive team includes Kevin Oden (COO). The board of directors includes Joel Fontenot and Tom Houle.

Offering recap
Status: Final close
Company: Cyclewood Solutions
Industry: Other Technology
Amount offered: $1.45 million
Amount placed: $1.45 million
First sale: 2014-01-27