What we do: Gbatteries has developed a new way of controlling energy inside of lithium-ion batteries, which enables them to hold more capacity and not degrade over time. Their "BatteryBox" can charge a Macbook Air for 13 hours straight or fully charge an iPhone 11 times. Why it's a big deal: Gbatteries hasn't simply made a new battery; they've developed a new system called BatteryOS designed to reduce the degradation of batteries over time. Not only will the batteries last longer, but they will have a greater capacity than normal batteries. This technology could potentially become the standard for all lithium-ion batteries. With Gbatteries owning the patent for this technology, they are going to have incredible power (pun intended) in the $11.7Bn lithium-ion battery market (which is set to double by 2016) .
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 271 startups
Wefunder Advisors LLC
for 101 startups
for 3 startups
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
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