EFD Corp Overview

  • Founded
  • 2014

Founded
  • Status
  • Private

  • Latest Deal Type
  • Series A

  • (Cancelled)

EFD Corp General Information

Description

Developer of a clean-water technology designed to convert seawater into freshwater. The company's technology offers a patented system to convert brine to distilled water and create a solid mineral salt on a scale without the environmental damage and high costs associated with current desalination technology, that also has uses in agriculture, hydraulic fracturing and industry, enabling users to get seawater as freshwater and improved air quality.

Contact Information

Website
www.efdcorp.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Environmental Services (B2B)
Other Industries
Other Commercial Products
Primary Office
  • 2224 South Rockwood Boulevard
  • Spokane, WA 99203
  • United States
+1 (509) 000-0000

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EFD Corp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Later Stage VC (Series A) 01-Aug-2021 Cancelled Generating Revenue
1. Seed Round 11-Jun-2015 00.00 00.00 000.00 Completed Generating Revenue
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EFD Corp Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series 1 Seed 000,000 00.000000 00 00 00 00 0.000
Series 3 Seed 0,000,000 00.000000 00 00 00 00 00
Series 2 Seed 259,337 $0.000100 $3 $3 1x $3 0%
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EFD Corp Patents

EFD Corp Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220212955-A1 Sustainable and circular water demineralization with zero waste discharge Pending 06-Jan-2021 00000000 00
AU-2014414770-A1 Method and apparatus for improved effluent free sea water desalination Inactive 23-Dec-2014 0000000000
CA-2972089-A1 Method and apparatus for improved effluent free sea water desalination Inactive 23-Dec-2014 0000000000
EP-3237335-A1 Method and apparatus for improved effluent free sea water desalination Inactive 23-Dec-2014 0000000000
US-20170348608-A1 Method and apparatus for improved effluent free sea water desalination Active 23-Dec-2014 B01D1/2881
To view EFD Corp’s complete patent history, request access »

EFD Corp Executive Team (7)

Name Title Board Seat Contact Info
Robbie Magnuson JD Chief Executive Officer & President
Tim Cowart Chief Financial Officer
Michael Lord Co-Founder, Chief Engineering Officer & Board Member
Shahram Shafie Chief Technology Officer & Chief Sustainability Officer
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EFD Corp Board Members (4)

Name Representing Role Since
Michael Lord EFD Corp Co-Founder, Chief Engineering Officer & Board Member 000 0000
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