DeepSpeed electric jets. New crowdfunding campaign
Incredible 2020 financial results for DeepSpeed electric jets and new crowdfunding campaign
One year after the last crowdfunding campaign that in about 10 days exceeded the expected target of 450k (the startup raised € 520K and then returned an excellent € 70K), SEALENCE is ready for a new Funding Round, and this time it will be a ” A series”.
This year history repeats itself therefore, but on decidedly more interesting premises.
In addition to the technological advances and patents of the well-known DeepSpeed electric jets – a few days ago the news of the obtaining of the patent in Australia arrived – SEALENCE presented to the assembly a balance sheet that sees the startup’s capitalization increase from € 2.1M in 2019 to more than € 13.5M, both for raising capital in the last 12 months, and for obtaining the value of the patent.
Even the corporate and governance structure is completely redesigned. The startup actually becomes a SPA and William Gobbo takes a step back from the position of sole director in favor of the introduction of a Board of Directors as well as a Supervisory Board that will certify the next financial statements.
“All the changes that I have decided to introduce with a view to guaranteeing more and more transparency to the startup’s partners, which, also as a result of crowdfunding campaigns, become more and more numerous” – explains William – “They are all transformations carried out with you aim to facilitate the talks with Italian and foreign investment funds, which I have started in recent weeks. ”
In fact, the startup is heading towards its next funding round, which will be a “series A” and there are surprises here too. The collection target is important and has been set at € 7M, which in Italy represents an ambitious challenge, but what immediately draws attention is that the value of the startup has been set by independent analysts at € 33.5 million. euros, registering a decisive jump from the 8.7 M € estimated just a year ago.
“We expected it so much that it had already been declared in the business plan presented 12 months ago. I am proud to point out today that our daily effort is also recognized by the financial market, in addition to observing that those who have trusted us in recent months are already seeing a significant revaluation of their investment “- continues William -” We are still at the beginning of our travel. We will take other important steps when we announce the mutual funds we are dealing with today, as well as the expansion strategy for the next few years. ”
Also this year, in fact, part of the capital raising will be carried out through a new campaign that will be launched shortly on the CrowdFundMe portal.
As William said over the course of the various published interviews, raising capital via the internet is central to SEALENCE’s growth strategy and enables everyone to invest not only for financial purposes, but also to make a contribution to an initiative that primarily seeks reduce pollutant and CO2 emissions in our seas.
The capital raised will be used primarily to complete the development of the DeepSpeed jets in order to start commercialization in early 2022.
The plan also contemplates the strengthening of the team, which, however, since January 2020, in full Covid emergency, has seen the entry of another nine resources, mainly in the group of engineers, bringing home very high engineering skills, among them that of Ing. Marco Cassinelli, former Technical Director of MVAgusta, with a background in Alfa Romeo, Lamborghini, Audi and Maserati, who will occupy the position of CTO.The industry plan also shows the completion of the patent strategy that will see DeepSpeed jet patents filed around the world.
But the news does not end there! We recommend that you subscribe to the startup’s social networks because many news will be communicated soon on the technological front and in the area of important collaborations in increasingly exciting projects.
It will also be possible to invest from outside Italy. Information email@example.com