Amai
About this raise
Amai, with a valuation of $10 million, is raising funds on Wefunder. The company makes edible and compostable cups as alternatives to single-use cups. The aim of Amai is to reduce single-use waste by capturing food assets and repurposing them into biodegradable cups. Amai cups are thermal resistant, moisture resistant, earth-friendly, healthy, and use upcycled ingredients. Jeannine Davison founded Amai in March 2019. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1 million. The campaign proceeds will be used for product development, operations, sales and marketing, and reserves.
Investment Overview
Invested : $383,909
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/26/2022
- Close Date
- 04/07/2023
$200,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$10,000,000
10%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $86,360
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/07/2023 | Wefunder | $10,000,000 | $383,909 | SAFE | Funded | RegCF |