Spin (Equipment) Overview
- Year Founded
-
2011
- Status
-
Out of Business
- Employees
-
2
- Latest Deal Type
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Out of Business
Spin (Equipment) General Information
Description
Developer of energy storage technologies designed to facilitate cost-effective and environmentally friendly power management. The company offers flywheel-based grid-level energy storage systems with capabilities for design, build, and testing, enabling industries to access reliable and cost-efficient energy storage and ensure instantaneous pan ower supply to meet demand.
Contact Information
Website
www.spinlectrix.comCorporate Office
- 4550 Pell Drive
- Sacramento, CA 95838
- United States
Corporate Office
- 4550 Pell Drive
- Sacramento, CA 95838
- United States
Spin (Equipment) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Out of Business | 29-Dec-2025 | Completed | Out of Business | |||
| 5. Later Stage VC | 19-Mar-2021 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 15-Jun-2020 | Cancelled | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 07-Dec-2015 | $720K | $970K | Completed | Generating Revenue | |
| 1. Seed Round | 12-Jul-2011 | $250K | $250K | Completed | Generating Revenue |
Spin (Equipment) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A1 | ||||||||
| Seed | 562,656 | $0.000100 | $3.99 | $3.99 | 1x | $3.99 | 32.4% |
Spin (Equipment) Patents
Spin (Equipment) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3818624-A1 | An electromechanical battery | Inactive | 06-Jul-2018 | ||
| EP-3818624-A4 | An electromechanical battery | Inactive | 06-Jul-2018 | ||
| WO-2020010017-A1 | An electromechanical battery | Inactive | 06-Jul-2018 | ||
| JP-2021530948-A | Electromechanical battery | Active | 06-Jul-2018 | ||
| JP-7160494-B2 | Electromechanical battery | Inactive | 06-Jul-2018 | H02K7/025 |
Spin (Equipment) Signals
Spin (Equipment) FAQs
-
When was Spin (Equipment) founded?
Spin (Equipment) was founded in 2011.
-
Where is Spin (Equipment) headquartered?
Spin (Equipment) is headquartered in Sacramento, CA.
-
What is the size of Spin (Equipment)?
Spin (Equipment) has 2 total employees.
-
What industry is Spin (Equipment) in?
Spin (Equipment)’s primary industry is Other Equipment.
-
Is Spin (Equipment) a private or public company?
Spin (Equipment) is a Private company.
-
What is Spin (Equipment)’s current revenue?
The current revenue for Spin (Equipment) is .
-
How much funding has Spin (Equipment) raised over time?
Spin (Equipment) has raised $2.1M.
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