This company is no longer in business. Investors can get details about any potential exits or failures here.

Abundant Robots

Abundant Robots

Growth Stage

The future of autonomous fruit harvesting

The future of autonomous fruit harvesting

Overview

Raised to Date: Raised: $95,808

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

01/04/2022

Close Date

Not Provided

Min. Goal
$499
Max. Goal
$24,000,000
Min. Investment

$499

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$2.67

Pre-Money Valuation

$40,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2023

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$253

# of Investors

23

Momentum
Funded
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Year Founded

2015

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Santa Monica, California

Business Type

Growth

Abundant Robots, with a valuation of $40 million, is raising funds on Dalmore Group through Reg A+ crowdfunding. The company aims to automate orchard agriculture to reduce labor shortages during the annual harvest season. The business has already acquired the intellectual property for harvesting robots specialized for apple picking. Abundant Robots is currently in the prototype stage and plans to sell automated harvesting robots to farms. Dan Steere and Curt Salisbury founded Abundant Robots in 2015. The current crowdfunding campaign has no minimum target and a maximum target of $24,000,000. The campaign proceeds will be used for product development, personnel, and general overhead expenses.

Balance Sheet

Cash and Cash Equivalents

$0

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$0

Accounts Payable & Accrued Liabilities

$0

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$0

Total Stockholders' Equity

$0

Total Liabilities and Equity

$0

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$0

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Artesian CPA
Financials as of: 01/04/2022
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Add to portfolio
Abundant Robots on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $40,000,000
Price per Share: $2.67

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