We have excellent traction on investor and potential clients front.
1. CEO of gas station operator (250 stations) asked to test FuelGems fuel additive. We are excited because we believe this is indicative of strong revenue potential.
2. Great news! We signed a deal with VC Fund Sputnik ATX to increase their investment in FuelGems. Due to recent enormous success of FuelGems in terms of capital raise on WeFunder and getting immense traction with new potential clients/customers, Sputnik VC Fund decided to increase their initial investment by 70%.
3. More great news is that we agreed with our lead investor (COO of UFuture) to free the space for non-accredited Reg CF investors on Wefunder platform and consider direct investment in FuelGems. This is great news because almost 200 of our current investors will get the early bird valuation!
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