Average of $ 20,000 funding for 8.0% equity = Avg Valuation of $ 250,000
Funding notes: $20k equity for all companies, $100k+ convertible note for some at end of program
Equity required: 6-10% equity
Focus: Automotive industry technology
9 startups funded
1 exits
$ 0 in total exits
$ 2,885,000 in total funding raised
| Name | Location | Cohort Date | # Co's | Exit Value | Funding Total | |
|---|---|---|---|---|---|---|
| autoXLR8R 05/01/13 | None, None | 5/2013 | 9 | $ 2,885,000 |
Created: 26-Mar-2013, 21:10
Last modified: 21-Nov-2024, 06:01