syntecbiofuel.com funding stat page
Syntec Biofuel Funding Overview
Total Funding Raised: $2.145 Million
Syntec Biofuel has secured a total of $2.145 million through a combination of equity crowdfunding, pre-orders, and non-dilutive funding sources:GetVestive.com
- Crowdfunding Campaign: Currently seeking to raise $2 million to fund research, development, and facility expansion. The campaign offers convertible notes with a minimum investment of $1,000, providing early investors with priority access to sustainable fuel supply and exclusive rewards. GetVestive.com
- Pre-Orders: Received $1.2 million in pre-orders from leading logistics firms, indicating strong market demand for Syntec’s ultra-clean biofuel. GetVestive.com
- Non-Dilutive Funding: Secured $800,000 in government grants awarded for pilot plant development, supporting the advancement of Syntec’s proprietary biofuel production technology. GetVestive.com
Funding Timeline
| Date | Funding Type | Amount Raised | Source | Use of Funds |
|---|---|---|---|---|
| 2025 (Ongoing) | Crowdfunding Campaign | Up to $2M | Public Investors | R&D and facility expansion |
| 2025 | Pre-Orders | $1.2M | Logistics Firms | Production scaling |
| 2025 | Government Grants | $800K | Federal Agencies | Pilot plant development |
Strategic Partnerships & Milestones
- Pilot Facility: Established a pilot facility with a production capacity of 200,000 gallons per year, demonstrating the scalability of Syntec’s biofuel technology. GetVestive.com
- CO₂ Offset: Achieved an offset of over 500 tons of CO₂ in pilot trials, showcasing the environmental benefits of Syntec’s biofuel. GetVestive.com
- Industry Collaborations: Formed strategic partnerships with major logistics companies and secured letters of intent from key industry players, indicating strong commercial interest. GetVestive.com
Future Funding Goals
- Scale Production: Aim to scale production to 10 million gallons annually by 2025, meeting growing demand for sustainable biofuels. GetVestive.com
- Expand Partnerships: Plan to expand partnerships in logistics and agriculture sectors to broaden market reach. GetVestive.com
- Launch Modular Bioreactors: Develop and deploy next-generation modular bioreactors to enhance production efficiency and scalability. GetVestive.com
Investor Information
- Minimum Investment: $1,000GetVestive.com
- Investment Terms: Convertible notes with early investor incentives, including priority access to sustainable fuel supply and exclusive rewards. Securities and Exchange Commission+2GetVestive.com+2app.dealroom.co+2
- Investment Platform: Investments can be made directly through Syntec Biofuel’s website.
For more detailed information on investment opportunities and Syntec Biofuel’s growth strategy, please visit syntecbiofuel.com.