Fundraising Fox

Magnegas

Clearwater, US · Delaware corporation

Energy

Founders & leadership

ES
Ermanno SantilliChief Executive Officer; Director
SM
Scott MahoneyChief Financial Officer; Secretary
CS
Carla SantilliNamed on SEC filing

Board

RD
Robert DingessBoard director
JS
Joe StoneBoard director
LI
Luisa IngargiolaBoard director
CH
Christopher HuntingtonBoard director
KP
Kevin PollackBoard director
WS
William StauntonBoard director
WW
William W Staunton IIIBoard director
JK
Jacques KerrestBoard director

Reported raises · per SEC filings

Form D private placements

$7.2M disclosed across 5 of 6 rounds · 2014–2018

▶$7.5MofferedSep 2018 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • William StauntonDirector
  • Scott MahoneyExecutive Officer, Director
  • Ermanno SantilliExecutive Officer, Director
  • Robert DingessDirector
  • Kevin PollackDirector
Offering amount
$7.5M
Finders' fees
$375K
Placement agents
Maxim Group LLC
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$75KraisedJun 2017 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Carla SantilliDirector
  • Robert DingessDirector
  • Ermanno SantilliExecutive Officer, Director
  • Scott MahoneyExecutive Officer
  • Christopher HuntingtonDirector
  • Kevin PollackDirector
  • William StauntonDirector
  • Joe StoneDirector
  • Luisa IngargiolaDirector
Offering amount
$25M
Amount sold
$75K
Sales commissions
$1.5M
Placement agents
Maxim Group LLC
First sale
Jun 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedMay 2017 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Carla SantilliDirector
  • Luisa IngargiolaDirector
  • Christopher HuntingtonDirector
  • William StauntonDirector
  • Robert DingessDirector
  • Joe StoneDirector
  • Ermanno SantilliExecutive Officer, Director
  • Scott MahoneyExecutive Officer
  • Kevin PollackDirector
Offering amount
$1M
Amount sold
$1M
First sale
May 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedMay 2017 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert DingessDirector
  • Joe StoneDirector
  • Luisa IngargiolaDirector
  • Ermanno SantilliExecutive Officer, Director
  • Christopher HuntingtonDirector
  • Kevin PollackDirector
  • William StauntonDirector
  • Scott MahoneyExecutive Officer
  • Carla SantilliDirector
Offering amount
$3M
Amount sold
$3M
First sale
May 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$940KraisedOct 2014 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Joe C StoneDirector
  • Christopher HuntingtonDirector
  • William W Staunton IIIDirector
  • Carla SantilliDirector
  • Kevin PollackDirector
  • Robert L DingessDirector
  • Ermanno P. SantilliExecutive Officer, Director
  • Luisa IngargiolaExecutive Officer, Director
Offering amount
$940K
Amount sold
$940K
Sales commissions
$65.8K
Placement agents
Northland Securities Inc.
First sale
Oct 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.1MraisedFeb 2014 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Luisa IngargiolaExecutive Officer, Director
  • William W Staunton IIIDirector
  • Jacques KerrestDirector
  • Ermanno P. SantilliExecutive Officer, Director
  • Kevin PollackDirector
  • Robert L DingessDirector
  • Joe C StoneDirector
  • Carla SantilliDirector
  • Christopher HuntingtonDirector
Offering amount
$2.1M
Amount sold
$2.1M
Sales commissions
$149.9K
Proceeds to insiders
$188K
Placement agents
Northland Securities Inc.
First sale
Jan 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

How much funding has Magnegas raised?
Magnegas has disclosed $7.2M raised across 5 of its 6 known rounds.
Where is Magnegas headquartered?
Magnegas is headquartered in Clearwater, US.