Fundraising FoxSolectrac
Albion, US · Founded 2019 · California corporation
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Founders & leadership
Solectrac was founded in 2019 by Steve Heckeroth.
Reported raises · per SEC filings
Form D private placements$2.6M disclosed across 2 rounds · 2020
▶$1.3MraisedDec 2020 · 1 investors · OtherRule 506(b)
▶$1.3MraisedDec 2020 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Steve HeckerothExecutive Officer, Director
- Cristiane HeckerothExecutive Officer
- Willard MacDonaldDirector
- Keith ByersDirector
- Heather PaulsenDirector
- Nishi DeokuleExecutive Officer, Director
- Offering amount
- $1.3M
- Amount sold
- $1.3M
- First sale
- Nov 2020
- Incorporated
- Corporation, California, 2019
- Federal exemptions
- 06b
▶$1.3MraisedNov 2020 · 1 investors · OtherRule 506(b)
▶$1.3MraisedNov 2020 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Steve HeckerothExecutive Officer, Director
- Nishi DeokuleExecutive Officer, Director
- Cristiane HeckerothExecutive Officer
- Heather PaulsenDirector
- Willard MacDonaldDirector
- Keith ByersDirector
- Offering amount
- $1.3M
- Amount sold
- $1.3M
- First sale
- Oct 2020
- Incorporated
- Corporation, California, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Science Foundation | Phase I | 2017 | $225K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- Who founded Solectrac?
- Solectrac was founded by Steve Heckeroth in 2019.
- How much funding has Solectrac raised?
- Solectrac has disclosed $2.6M raised across 2 rounds.
- Where is Solectrac headquartered?
- Solectrac is headquartered in Albion, US.