Quick Stats
💰 Raising: $10M
🎯 Minimum Investment: $100K
Why Invest Now
- Large Pipeline: $176M probability-weighted ARR with 110+ active opportunities
- Market Validation: Pilots with leading aerospace and automotive manufacturers provide 60x faster delivery speeds
- Favorable Exit Path: Strong strategic acquirer interest from logistics and e-commerce giants
- This opportunity is available to Next Wave members only. Subscribe now to access our long-form research and deal room
The Problem Tubular Network Solves
Traditional short-haul and middle-mile logistics systems create significant bottlenecks in manufacturing environments. Manual operations require over 1 million labor hours annually per facility. Inter-building material flow coordination is inefficient, while weather dependencies and human variability cause delays that can shut down entire production lines.
Market size/opportunity: $877B TAM, $96B SAM, $4.8B SOM
How Tubular Network Solves the Problem
Tubular's autonomous logistics platform operates in a dedicated, controlled right-of-way, enabling high-speed, reliable, and emission-free transportation. The modular underground conduit system integrates seamlessly with existing infrastructure, reducing costs and achieving ROI within 24 months.
Traction
Performance Metrics:
- 60x faster delivery speeds
- 96% reduction in emissions
- 25-50% operational cost savings
- 24-month customer ROI
Notable Partners & Customers:
- Detroit Manufacturing Systems (DMS)
- Stellantis
- EarthGrid
- Major aerospace company
- Mail Management Services
- Flatiron Constructors
- ESSPI (Battery Logistics)
The Leadership Team
Ben James - CEO & Co-Founder
• Two-time SpaceX Hyperloop Innovation winner
• Led $10M+ product lines and secured multi-million dollar investments
Dylan Mankey - CTO & Co-Founder
• 15 years of engineering experience
• Led the development of 300+ prototypes
• Expertise in robotics and automation
Safer Deal Terms
- Investment Series: Safer Series 1B
- Target Return Percentage: 200%
- Repurchase Percentage: 95%
- Revenue Percentage: 4.65%
- Honeymoon Period: 1 Year
- Minimum Subscription: $100,000
- Investment Regulation: 506c
- Incentives: For every $1M invested, investors will receive 1% warrant coverage in Austin Hyperlogistics LLC
Click here to learn more about Safer.
Key Financials
• Installation Cost: $258,000 per 1,000 feet
• Revenue Model: Usage-based pricing ($0.95-$1.87 per delivery)
• Gross Margins: 70% on recurring revenue at scale
• Annual Recurring Revenue: $2.1M per deployment (based on 520,000 annual deliveries)
Use of Funds
• 30% - Deployment Support
• 25% - Technology Development
• 20% - Sales/Marketing
• 15% - MOU Project Catalyzation
• 10% - Operations
Key Documents for Next Wave Subscribers
• 📄 Venture Memo
• 📜 Pitch Deck
• 📊 Financial Model
• ⚖️ Deal Terms
Next Steps
- Review Investment Materials
- Schedule Team Discussion
- Complete Investment
Backed by Next Wave Partners
Next Wave Partners has served as a strategic advisor to Tubular's management team since June 2023. Tubular exemplifies Next Wave's investment thesis in three core domains:
• Autonomous Systems: AI-driven coordination enables complex logistics without human intervention
• Edge Computing: Distributed intelligence processes decisions near the point of action
• Machine Commerce: Infrastructure backbone enables autonomous economic activity at scale
This investment opportunity is available to accredited investors only. Past performance does not guarantee future results. Investment involves substantial risk of loss.
This opportunity is open to accredited investors.
This website contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "will," "would" and similar expressions. These forward-looking statements are based on current expectations, estimates, and projections about our industry, management's beliefs, and certain assumptions made by management, all of which are subject to change. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. You should not place undue reliance on these statements, which speak only as of the date that they were made.
Rule 506(c) Offering
Next Wave is conducting an offering of securities under Rule 506(c) of Regulation D promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act"). Under Rule 506(c), general solicitation and general advertising that meets the requirements of Rule 502(c) may be used in connection with the offering.
Accredited Investor Requirement
Participation in this offering is limited to investors who qualify as "accredited investors" as defined in Rule 501(a) of Regulation D under the Securities Act. Prior to any sale of securities, Next Wave will take reasonable steps to verify that all investors are accredited investors. Potential investors will be required to provide documentation or certification of their status as accredited investors.
The information provided on this website does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers will be made only through confidential offering documents delivered to suitable, verified accredited investors and in accordance with applicable law.
Investing in private placements involves a high degree of risk and is suitable only for sophisticated investors who can bear the economic risk of the loss of their entire investment and who have limited need for liquidity in their investment. There can be no assurance that Next Wave will be able to implement its investment strategy or achieve its investment objectives.