About this raise: Basil Street Cafe, with a pre-money valuation of $40 million, is testing the waters on SeedInvest through Reg A+ crowdfunding. The company has developed an automated robotic pizza kitchen that makes delicious and affordable pizza in under three minutes. The technology is patented and aims to disrupt the global pizza market. Deglin Kenealy founded Basil Street Cafe in 2016. The current crowdfunding round has a minimum goal of $1,000,000 and a maximum goal of $20,000,000, and the funds will be used for product development, engineering, commercialization, personnel expenses, and repayment of debt. Basil Street Cafe has completed an initial pilot program at multiple locations across the US and targets deployment in the field by fall 2021.
Investment Overview
Invested : $824,406
Deal Terms
Total Commitments ($USD)
- Platform
- SeedInvest
- Start Date
- 07/23/2021
- Close Date
- Not Provided
$998
Equity - Preferred
Test the Waters
/ RegA+
$2.82
$40,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Palo Alto, California
- Company Website
-
Visit Website
Team
Financials
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/13/2022 | SeedInvest | $40,000,000 | $0 | Equity - Preferred | Not Funded | RegA+ |
| 09/30/2021 | SeedInvest | $40,000,000 | $824,406 | Equity - Preferred | Funded | Test the Waters / RegA+ |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.