# Etherdyne Technologies

Closed: Mar. 2026

## About this raise

Etherdyne Technologies, with a valuation of $46 million, is raising funds on StartEngine. The company aims to redefine how the world powers devices with its Wire-Free Power technology. Etherdyne Technologies has 43 patents and eight years of R&D behind its platform that can safely power multiple devices within a three-dimensional zone. The commercialisation of the technology is already underway and finds use in the retail display and computer peripherals markets. Jeffrey Jyh-Chung Yen and Robert Alexander Moffatt founded Etherdyne Technologies in May 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for operations, R&D, product delivery, business development, and marketing.

## Investment Overview

**Invested this round:**
$1,223,609

### Deal Terms

#### Total Commitments

**Platform:** StartEngine  
**Start Date:** 10/15/2025  
**Close Date:** 03/09/2026  
**Min. Goal:** $10,000  
**Max Goal:** $1,235,000  
**Min. Investment:** $600  
**Security Type:** SAFE  
**Company Stage:** Early Stage  
**SEC Filing Type:** RegCF  
**Valuation Cap:** $46,000,000  
**Discount:** 20%

### Company & Team

#### Company

**Year Founded:** 2016  
**Industry:** Business Services, Software, & Applications  
**Tech Sector:** Enterprise Tech  
**Distribution Model:** B2B  
**Margin:** Low  
**Capital Intensity:** High  
**Location:** Santa Clara, California  
**Business Type:** Growth  
**Company Website:** [Visit Website](https://www.etherdyne.net/)

#### Team

**Employees:** 6  
**Prior Founder Exits?:** No  
**Founder Name:** Jeff Yen  
**Title:** CEO  
**Founder Name:** Robert Moffatt  
**Title:** Chief Science Officer

## Financials

**Revenue:** +18% YoY  
$384.4K as of FY24

**Monthly Burn:** $180K

**Runway:** 1.3 months as of Sep '25

#### Summary Profit and Loss Statement

|   | FY 2024 | FY 2023 |
|---|---------|---------|
| Revenue | $384,404 | $324,983 |
| COGS | $2,330,639 | $1,010,844 |
| Tax | $0 | $0 |
| Net Income | $0 | $0 |

#### Summary Balance Sheet

|   | FY 2024 | FY 2023 |
|---|---------|---------|
| Cash | $42,436 | $28,116 |
| Accounts Receivable | $0 | $0 |
| Total Assets | $463,169 | $461,384 |
| Short-Term Debt | $420,539 | $363,720 |
| Long-Term Debt | $509,223 | $517,648 |
| Total Liabilities | $929,762 | $881,368 |

## Ratings

## Company Funding & Growth

### Funding history

**Total Prior Capital Raised:** $2,894,059  
**VC Backed?:** Yes

| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/09/2026 | StartEngine | $46,000,000 | $1,223,609 | SAFE | Funded | RegCF |