About Determinant Materials
Determinant Materials is a private company based in Pensacola, Florida, incorporated in 2022 in Delaware. It has reported $1,077,480 raised in four offerings on Form D since August 2023. Its chief executive is Nikhil Gupta.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Aug 4, 2023 | Aug 30, 2023 | $125,000fully sold | 2 | $62,500 | SAFE AGREEMENTRule 506(b) | Form D ↗ |
| Apr 20, 2023 | Aug 30, 2023 | $60,000fully sold | 2 | $30,000 | SAFE AGREEMENTRule 506(b) | Form D ↗ |
| Apr 7, 2023 | Aug 30, 2023 | $800,000fully sold | 2 | $400K | SAFE AGREEMENTRule 506(b) | Form D ↗ |
| Dec 18, 2022 | Aug 30, 2023 | $92,480fully sold | 3 | $30,827 | SAFE AGREEMENTRule 506(b) | Form D ↗ |
| Total, four offerings | $1,077,480 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Determinant Materials's Form D filed Aug 30, 2023.
NG
Nikhil Gupta
President and CEO, director