Biofine Developments Northeast, Inc.

Businessfiled

Biofine Developments Northeast, Inc. operates in Other Energy, based in BROOKLINE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Biofine Developments Northeast, Inc. has raised $872K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $472K on 2022-11-01.

Most recent recorded round closed around 2022-11-01.

Valuation (modeled)modeled

Provath models Biofine Developments Northeast, Inc. at approximately $3.1M (range $299K–$17M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 1.53× the median modeled value of Pre-Seed Other Energy companies in 2022–2024 (84 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.

Financing rhythm & timingmixed

Historic cadence: a new round about every 22 months.

Last raise 3.7 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round stepped up 1.2× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 24% of Other Energy peers (2049 compared).

Modeled value ranks above 16% of those peers.

Closest niche peers: Sol Clarity, Inc., Helios CoreShell Partners, LLC, Trinary Solar Group IV LLC, SunTrain, Inc., Advanced Thermovoltaic Systems, LLC.

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.