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Hydro Wind Energy

Operating

Hydro Wind Energy, Inc.

Industrial & Manufacturing · San Francisco, CA · Founded 2020

Woman-founded

Game-changing innovations in offshore wind power and seawater desalination

Post-money valuation ⓘ
$150.1M
As of Jun 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$1,879,734
Crowd $1.6M · Private $325K · 6 rounds since 2019
Latest share price
$11.60
Reg CF · Common Stock · Mar 2024 offering price

Financials

FY2020–FY2024 · from SEC filings · hover any figure for its source
$0
−$213K
2020
$184K
−$349K
2021
$362K
−$762K
2022
$143K
−$847K
2023
$274K
−$261K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$0
$184,463
$362,402
$142,767
$273,636
Cost of goods sold
$0
$67,189
$234,461
$17,888
$38,851
Gross margin
—
64%
35%
87%
86%
Net income
-$213,076
-$349,346
-$761,642
-$847,299
-$260,776
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$135,666
$333,300
$124,837
$102,985
$96,148
Accounts receivable
$0
$0
$8,136
$0
-$91,878
Total assets
$425,066
$1,054,547
$912,043
$1,171,109
$488,000
Short-term debt
$429,225
$1,369,256
$78,220
$73,116
$76,262
Long-term debt
$106,870
$34,555
$229,433
$17,418
$83,489
Total liabilities
$536,095
$1,403,811
$307,653
$90,534
$159,751
Other
Headcount
—
0
0
—
0

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$70.0M
Valuation cap
$120.0M
pre-money
$120.0M
Valuation cap
$150.0M
pre-money
Reg CF · SAFE · Apr 2022
Reg CF · Common · Aug 2022
Reg CF · SAFE · Nov 2022
Reg CF · Common · Mar 2024

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Share price over rounds

$11.60$5.80$9.3953
Aug 2022Mar 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Raised $53.6K / $5MInvestors 129Post-money $150.1M
Reg CF · SAFE · Nov 2022Closedvia Republic
Raised $311.4K / $4.3MInvestors 560Valuation cap $120M
Raised $144.3K / $4MInvestors 106Post-money $120.1M
Reg CF · SAFE · Apr 2022Closedvia Republic
Raised $1M / $5MInvestors 903Valuation cap $70M

Team

16 people
Lee King
CEO, President, CFO, Secretary, and Director

Co-founder and CEO. He is a graduate of the University of Aberdeen holding an MA and MSc International Business. He has over 10 years of experience in business management, business development, investment funds, project finance, investment and technology strategies, as well as within projects focusing on water desalination, water security and energy.

Donald Naylor
Chief Technical Engineer

Chief Technical Engineer. Chartered mechanical engineer holding an MA Cambridge University with over 18 years of experience in the design, manufacture, installation and operation of powerful equipment for the marine environment. 15+ hours per week

Ercument Alyanak
Chief Engineer

Mechanical engineer with over 20 years of experience in wind turbine technology, aerodynamics and wind energy. He is a graduate of Dokuz Eylül University and holds two engineering degrees. He has extensive experience in spearheading and implementing effective technology strategies. 20+ hours per week

Hayk Vasilyan
CTO

Co-founder and CTO is a renowned researcher in manufacturing technologies and materials. He holds a Mechanical Engineering BSc, MSc from the University of Turin, Italy, and a PhD in the field of Computational Engineering and Design at the Rolls-Royce Technology Centre from the University of Southampton. 30+ hours per week.

Hannah Forbes
Director of Fundraising

Holds a M.Eng Manufacturing and Management from University of Bath and a PhD in Crowdfunding from University of Liverpool. She is an active researcher at The Cambridge Judge Business School, Centre for Alternative Finance. 10+ hours per week

Sohna Ngum
Director of Inclusion and Diversity

MA Gender, Society and Representation, MA (Hons) French and International Relations. Inclusion and development expert with experience in sectors including disaster risk management, energy, infrastructure and climate change issues. 10+ hours per week

Abdulla Ghaly
IT Director

Co-founder, IT Systems Integrator and IT Director. He is a graduate of Queens Mary University and UCL with an MSc in Electrical and Telecommunications Engineering. He has over 10 years experience as a Telecoms Engineer and IT systems integrator. 30+ hours per week

Adrine Zenian
Head Digital Marketing

BA Business Administration. Strategic marketing lead with over 7 years of marketing and digital media experience. 15+ hours per week

Chris Hazzard
Tooling and Mould Engineer

Tooling engineer with 25 years of experience in SolidWorks, Product Design, Mold Design, Fixture Design, Assembly tooling Design and project management. 5+ hours per week

Show 7 more people
Dennis Nwatu
Head BD

Seasoned business development and innovation professional. Holding a BA in Business from Anglia Ruskin University and certificates in Enterprise Design Thinking from IBM, he is at home in entrepreneurial and start-up environments, specialising in ideation, market insight and research, fundraising, and lead generation. 30+ hours per week

Laura Dryden
People Director

Co-founder PD People Director is an accomplished and renowned C-Level executive with a proven track record in developing and building agile tech-culture and performance management strategies. 5+ hours per week

Maddie Manzagol
Environmental Engineer

BS Environmental Studies. Project Co-ordinator 20+ hours per week

Maryam Hassani
CIO

Co-founder and CIO Chief Innovation Officer - holds a BA from New York University Abu Dhabi. She has experience operating as a leading Innovation strategist and facilitating corporate initiatives and their integration with government entities. 15+ hours per week

Mircea Calarasu
Mechanical Engineer

Mechanical & Offshore Engineer. Holds an MEng degree in Mechanical & Offshore Engineering RGU (Aberdeen) and an MSc Petroleum Engineering from Imperial College London. He has experience in CAD design, structural/stress analysis, fluid flow modelling, project management/planning and product design. 5+ hours per week

Mostafa Helmy
Head Digital

Head of Digital Strategy. He is an accomplished medical doctor with an MBBS from Durham and Newcastle Universities. He has experience in digital strategy, social media, growth hacking and data management. 15+ hours per week

Pranay Addepalli
Mechanical Engineer

Graduate in Mechanical Engineering from BITS Pilani and MSc in Renewable Energy. He has worked on projects focusing on renewable energy technologies, desalination and fluid dynamic analysis. 10+ hours per week

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 4 annual reports (FY2022–FY2025)

903 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRApr 7, 20250001903204-25-000003
    EDGAR
  • Form C-ARApr 7, 20250001903204-25-000002
    EDGAR
  • Form C-UJun 24, 20240001903204-24-000003
    EDGAR
  • Form C/AApr 8, 20240001903204-24-000002
    EDGAR
  • Form CMar 14, 20240001903204-24-000001
    EDGAR
  • Form C-TRApr 12, 20230001903204-23-000005
    EDGAR
  • Form C-ARApr 12, 20230001903204-23-000004
    EDGAR
  • Form C-UFeb 6, 20230001903204-23-000001
    EDGAR
Source: ManualCIK 0001903204DEShare price $11.60

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.