Clean Tech Startup MF Fire Sees Success In First Month Of Equity Crowdfunding Campaign
COLLEGE PARK, Md. – October 22, 2020 – MF Fire, a clean tech company offering groundbreaking wood stove technology that eliminates critical air pollution, has experienced a strong first month in its equity crowdfunding campaign. Launched in mid-September on the StartEngine platform, the MF Fire campaign has raised more than $188,000 so far, with the backing of more than 260 investors.
“We’ve loved engaging with new investors and fans who are as excited and passionate as we are about our mission to transform wood heat into clean energy,” says Paul LaPorte, CEO of MF Fire. “This campaign is just firing up, and we are excited to share this moment and momentum with our supporters.”
Led by a team of engineers and fire scientists, MF Fire produces innovative, high-tech wood-burning stoves that transform wood heat into clean energy. The company was among the first to market smart wood stoves, which continuously monitor and adjust the fire to achieve the desired temperature, eliminate soot and smoke, and automatically prevent chimney fires.
Applying advanced fire science principals, MF Fire has focused on achieving the most efficient burn possible, helping customers save up to 50% on home heating costs. MF Fire also introduced the first turbo start system, which reduces fire startup times from 30 minutes to under 5 minutes.
MF Fire’s team of engineers and fire scientists use patented and proprietary innovations to produce stoves that meet the stringent, newly implemented 2020 EPA emissions standards. Low emissions improve air quality and lower the incidence of respiratory illness and lung disease.
“We bring serious innovation based on fire science, a mission to transform wood heat into clean energy, and a focus on solving problems with the wood stove user experience,” says LaPorte. “Transforming wood heat into a source of clean energy, one that’s sustainable, renewable, local, and impervious to weather and power outages – all of that is truly unique in this industry.”
About MF Fire:
MF Fire is a clean tech company that has created groundbreaking wood stove technology that eliminates critical air pollution. MF Fire was founded by engineering experts with multiple advanced degrees in fire science, and its CEO is a veteran entrepreneur and rocket scientist from MIT.
For more information, visit MF Fire’s StartEngine page.
Media Contact Company Name: MF Fire Contact Person: Paul LaPorte Email:Send Email Phone: 410-340-6805 Address:3031 Washington Blvd, Suite G City: Baltimore State: MD 21230 Country: United States Website:https://mffire.com/