Companies · Other Energy

Aternium, Inc.

WILMINGTON · Other Energy

Diligence memoA one-page analyst read on Aternium, Inc. — recommendation, valuation, rhythm, risks.
$3.7M
Total raised · real
2
Rounds
0.0×
Latest step-up
Top 50%
Sector rank · raised
Seed
Latest stage · inferred · Thu Oct 09 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Aternium, Inc. looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.04× the median modeled value of Seed Other Energy companies in 2025–2027 (28 peers) — value vs value, same stage and era.
Active
  • Last raise 9 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Energy

Aternium, Inc. is one of 2048 Other Energy companies tracked from WILMINGTON. By capital raised it ranks mid-pack (ahead of 51% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024
Year incorporated
2025-10-09
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeed · 2024-07-09 Raised $3.6M (real) Modeled valuation $13M (est)$3.6M$13MSeed2024Seed · 2025-10-09 Raised $100K (real) Modeled valuation $240K (est)$100K$240KSeed2025+$100KCumulative $3.7M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$3.6M · 2024
Seed extension$100K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$240K
Base estimate est.
$86K
Conservative case
$452K
Upside case
$500K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Seed · modeled $12.9M · 2024-07-092024Seed · modeled $240K · 2025-10-092025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.38×/yr
Annual markup
1.80×/yr upside case
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$3.0M/yr
Capital velocity
2.0 yr
On record since
2024
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2048 companies in Other Energy. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.1× above median
This company$3.7M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$100K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$240K
Sector median$17.0M

Raised more than 51% of sector peers (real $). Modeled value above 0% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #28 of 28.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Circon International, LLC · Seed Raised $4.0M · modeled $10.3M (est)E-Den Home Electrification, Inc. · Seed Raised $4.3M · modeled $10.2M (est)Dragonfly Energy Holdings Corp. · Seed Raised $3.5M · modeled $10.2M (est)Trinary Solar Group VIII LLC · Seed Raised $3.9M · modeled $9.8M (est)EverGen Infrastructure Corp. · Seed Raised $3.6M · modeled $9.8M (est)Legacy EV, LLC · Seed Raised $5.9M · modeled $9.2M (est)Energy Hire, LLC · Seed Raised $3.0M · modeled $7.9M (est)Oceanic Iron Ore Corp · Seed Raised $7.8M · modeled $7.9M (est)Uppermost Company, LLC · Seed Raised $2.5M · modeled $7.4M (est)Khemia Metals Inc · Seed Raised $2.5M · modeled $7.0M (est)Argo Development Partners, LLC · Seed Raised $3.5M · modeled $6.1M (est)Anax Holdings LLC · Seed Raised $2.2M · modeled $6.0M (est)Aternium, Inc. (this company) Raised $3.7M · modeled $240K (est)Aternium, Inc.
CompanyStageRaised · realValue · estvs peer med.
Circon International, LLCSeed$4.0M$10.3M1.85×
E-Den Home Electrification, Inc.Seed$4.3M$10.2M1.84×
Dragonfly Energy Holdings Corp.Seed$3.5M$10.2M1.84×
Trinary Solar Group VIII LLCSeed$3.9M$9.8M1.77×
EverGen Infrastructure Corp.Seed$3.6M$9.8M1.76×
Legacy EV, LLCSeed$5.9M$9.2M1.65×
Energy Hire, LLCSeed$3.0M$7.9M1.43×
Oceanic Iron Ore CorpSeed$7.8M$7.9M1.42×
Uppermost Company, LLCSeed$2.5M$7.4M1.34×
Khemia Metals IncSeed$2.5M$7.0M1.27×
Argo Development Partners, LLCSeed$3.5M$6.1M1.10×
Anax Holdings LLCSeed$2.2M$6.0M1.08×
Aternium, Inc. this companySeed$3.7M$240K0.04×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$3.6M2024-07-09$18.1M$12.9M90%
Seed$100K2025-10-09$500K$240K90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$3.6M2024-07-09
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Seed$100K2025-10-09
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 36.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~15mo cadence
$100K
Modeled next size est.range $100K$160K
0.0×
Last step-up
$3.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Andrew Cottone, III2024-07
Scott Malfitano2024-07
Registry & provenance

Aternium, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2030866
SEC CIK
2024
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Catalytic Solutions IncOther EnergySeed$4.1M$2.1Msame sector · same stage
Endurance Wind Power Inc.Other EnergySeed$4.3M$3.0Msame sector · same stage
Azarga Uranium Corp.Other EnergySeed$4.4M$2.8Msame sector · same stage
General Biodiesel Seattle, LLCOther EnergySeed$3.1M$1.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Power Metallic Mines Inc.Other EnergyPre-Seed$1.7M84%
Eagle Energy Metals Corp.Other EnergySeries A$540K84%
Clean Core Thorium Energy, Inc.Other EnergySeed$11.1M84%
Ioxus, Inc.Other EnergySeries B$23.2M83%
Atom Power, Inc.Other EnergySeries D+$1.1B83%
Alpha Commodities Inc.Other EnergyPre-Seed$2.5M83%
Applied Atomics, IncOther EnergyPre-Seed$2.7M83%
Osisko Metals Inc.Other EnergySeries A$19.4M82%
Frequently asked
How much funding has Aternium, Inc. raised?
Aternium, Inc. has raised approximately $3.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Aternium, Inc.'s estimated valuation?
Provath's modeled valuation for Aternium, Inc. is approximately $240K (modeled range $86K–$452K). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Aternium, Inc. at?
Aternium, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Oct 09.
What does Aternium, Inc. do and where is it based?
Aternium, Inc. operates in the Other Energy sector, based in WILMINGTON.
Explore related

See where Aternium, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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