LiquidPiston
Raising nowOperatingLiquidPiston, Inc.
Energy & Cleantech · Bloomfield, CT
First wholly new combustion engine / cycle in 85+ years
This company has an open fundraising round.
Financials
FY2014–FY2025 · from SEC filings · hover any figure for its sourceChart shows the most recent 8 fiscal years; 4 earlier years are in the table below.
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 inBlue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). 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.
Cap table
Share counts as of Sep 30, 2025| Class | Outstanding | Votes / share | Converts | As converted | Liquidation | Last price |
|---|---|---|---|---|---|---|
| Series Seed-1 Preferred Stockpreferred | 82,258 | — | 10 × common stock | 4.04% | 1× non-participating · paid 1st | — |
| Common | 19,524,862 | 1 | — | 96.0% | — | $13.50Apr 2026 |
| Total | 19,607,120 | 20,347,442 as converted | 100% |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- Nikolay Shkolnik137K (156.3%) Mar 2022 → 1.4M (1562.8%) May 2022 → 137K (156.3%) Jun 2022 → 1.4M (1667.2%) Oct 2022 → 121K (147.6%) Apr 2023
- Alexander Shkolnik8.7M (10585.7%) Jan 2024 → 8.7M Jan 2026 → 8.7M Jun 2026
- Common5.0M (567.5%) May 2020 → 812K (925.5%) Mar 2022 → 8.1M (9251.1%) May 2022 → 812K (925.5%) Jun 2022 → 8.1M (9869.0%) Oct 2022
Principal holders% as the filing states it, Jun 10, 2026
- Alexander Shkolnik8,707,618 Common90.7%of
- David Cohen45,012 Series Seed-1 Preferred55.5%of Series Seed-1 Preferred
- Colle Capital Partners I LP22,506 Series Seed-1 Preferred27.7%of Series Seed-1 Preferred
- Henry Zachs9,739 Series Seed-1 Preferred11.1%of Series Seed-1 Preferred
- Nikolay Shkolnik121,400 Common0.74%of
Sold to the crowd
- Reg CF · Oct 2016$1M
- Reg CF · Jul 2018$888.3K· 906 investors
- Reg CF · Jan 2020292,730 shares at $3.65 in today's terms · sold as 29,273 shares at $36.50; since then a 10-for-1 split (Mar 2022)$1.1M· 3,185 investors
- Reg A+ · Sep 20203,721,010 shares at $4.50 in today's terms · sold as 372,101 Common Shares at $45.00; since then a 10-for-1 split (Mar 2022)$16.7M· 7,739 investors
- Reg A+ · May 2022163,839 Common Shares at $10.00$1.6M
- Reg CF · Aug 2024426,283 shares at $11.50$4.9M
- Reg CF · Apr 2026244,785 shares at $13.50$3.3M· 1,097 investors
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. “As converted” counts each class in the shares it converts into. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
6 people
- PhD in Computer Science / Artificial Intelligence from MIT - Technical focus on leading teams in modeling dynamic systems, optimization & controls - 70+ patents; 30 conference and journal papers - PI on $20M in government R&D programs
Per Suneby is a Board Observer and Advisor to the Company, and also functions as the Head of Corporate Development for Statum Systems. Mr. Suneby is a noted advisor to early stage technology companies with a record of successful innovation. He has held numerous roles, including CEO. Mr. Suneby has an MBA from Harvard Business School. He currently services 16 hours per week in his role with the company.
- Ph.D. Mechanical Engineering, Rensselaer Polytechnic Institute - 37-year career at GE, including Senior Vice President and Chief Technology Officer - Led multi-billion-dollar global businesses, including GE Power Generation - Directed GE Global Research where he led a highly diversified industrial research organization of approximately 2,600 scientists and engineers
Names and titles as disclosed on SEC Form 1-A, SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 9 of 10 annual reports (FY2016–FY2025)
Missing: 2016
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 73 filings on EDGAR- Form C/AAug 12, 20260001446275-26-000011EDGAR
- Form 1-SAJun 17, 20260001683168-26-004892EDGAR
- Form C-AR/AJun 10, 20260001683168-26-004687EDGAR
- Form C/AJun 4, 20260001446275-26-000008EDGAR
- Form CApr 14, 20260001446275-26-000005EDGAR
- Form DMar 24, 20260001446275-26-000001EDGAR
- Form C-ARJan 28, 20260001683168-26-000581EDGAR
- Form 1-KJan 22, 20260001683168-26-000460EDGAR
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.