BURBANK, CA, MARCH 31, 2025 — StartEngine, a renowned alternative investment platform, is pleased to announce that AI data efficiency company Atombeam closed a $20 million Reg A+ fundraise in just six months on its platform, with commitments from over 6,500 investors. This was one of the fastest Reg A+ offerings to raise $20 million.
Improving AI applications is big business across industries, including the IoT device sector. Atombeam is aiming to disrupt a market expected to surpass $200 billion by 2025.¹
Atombeam’s AI software is a force multiplier for machine data communications, enabling up to 2-4x more data to be sent over existing networks with the potential for added security. The company has $2.4 million in contracts from the U.S. Air Force and Space Force, as well as partnerships with Viasat, NVIDIA, Intel, and HPE.²
StartEngine played an integral role in promoting the round over the course of the six-month fundraise. As a result, 64% of investments in this campaign came from StartEngine users.
Atombeam continues a trend of strong crowdfunding on StartEngine. In 2024, companies on the platform raised over $121 million, including more than $86 million from Reg CF and $35 million from Reg A+ offerings.
“AI offerings have been a crowd favorite on StartEngine, and Atombeam’s groundbreaking data compaction tech certainly captured the attention of investors,“ said Howard Marks, Co-Founder and CEO of StartEngine. “We’re proud to have played a role in helping them reach this milestone.”
Additionally, StartEngine hosted two webinars with Atombeam CEO Charles Yeomans and Kevin O’Leary (aka “Mr. Wonderful”).³ These webinars attracted more than 50,000 live and on-demand views across YouTube and LinkedIn, and more than $500,000 combined was invested within 72 hours of the events.
“Atombeam’s raise on StartEngine is a masterclass in how disruptive technology meets investor enthusiasm,” said O’Leary. “Charles and his team aren’t just compacting data — they’re compacting time to market, unlocking massive efficiencies, and solving real-world AI challenges.”
Atombeam plans to use the funding to continue growing the organization, adding to both the go-to-market and research and development parts of its team. The funding will also be used to further develop its Neurpac, Neurcom and Persistent Cognitive Machine (PCM) products, incorporating customer feedback and ensuring that both exceed the expectations of its growing customer base.
“The success of this raise is a huge vote of confidence, and we’re excited to accelerate our growth, expand our team, and continue innovating in AI-driven data efficiency,“ said Yeomans. “The support we’ve received from StartEngine has been instrumental, and we look forward to delivering on our mission.”
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About StartEngine
StartEngine is one of the largest alternative investing platforms in the U.S. led by Activision Co-Founder Howard Marks and advised by Kevin O’Leary,³ StartEngine launched in 2015 with the mission to help entrepreneurs achieve their dreams, while providing everyday investors with access to private investment opportunities. To date, over $1.3 billion has been invested on StartEngine’s platform from a community of more than 1.8 million users.⁴ In November 2023, the company launched StartEngine Private, an offering for accredited investors to gain exposure to prominent pre-IPO companies like Perplexity, Discord, and Epic Games.⁵
StartEngine Crowdfunding Inc. is not a broker-dealer, funding portal or investment adviser. StartEngine Capital, LLC is a funding portal registered with the U.S. Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA). StartEngine Primary LLC is a broker-dealer registered with the SEC and FINRA/SIPC. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary. To raise funds, invest or trade on the StartEngine platform, visit www.startengine.com.
- Satyajit Sinha, “State of IoT 2024: Number of Connected IoT Devices Growing 13% to 18.8 Billion Globally,” IoT Analytics, September 3, 2024
- The partnership relationship varies between companies and can include the following: inclusion on a preferred vendor list, invitations to participate in certain forums; listed on the other company’s website, and introduction and networking opportunities.
- Kevin O’Leary is a paid spokesperson for StartEngine. See his 17(b) disclosure, here.
- Count determined as number of unique email addresses in StartEngine’s database as of 08-27-2024. One individual may have more than one email address. In May 2023, StartEngine acquired assets of SeedInvest, including email lists for SeedInvest’s users, investors and founders. Click here for more details.
- The underlying companies held by StartEngine Private Funds LLC, and StartEngine Private LLC (together, “StartEngine Private”) are not participating or involved in the offering. The availability of company information does not indicate that the company has endorsed, supports or otherwise participates with StartEngine Private or any of its affiliates. StartEngine Crowdfunding LLC purchases shares from current and former employees, early investors, and advisors of the companies and sells the shares to StartEngine Private for each offering. When you make an investment in a company on StartEngine Private, you are purchasing an interest in a series of StartEngine Private Funds LLC or StartEngine Private LLC, each a Delaware limited liability company (together the “Series LLCs”), which were created to hold shares of privately held companies. An investor will not directly own or hold shares of the private company but instead will own member interests in a series of the Series LLCs, which either directly or indirectly, will hold shares in the company. There may not be a one-to-one economic parity on the value of the Series LLCs interests and the underlying shares.
Media Contact
Scott Murphy
Director of Content
StartEngine
This Reg A+ offering was made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view Atombeam’s Offering Circular and Related Risks.