Biodel AG

Early Stage

Proprietary Solutions to Restore Soil Health, Save Water & Sequester CO2

Overview

Raised to Date: Raised: $145,181

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/25/2022

Close Date

01/20/2023

Min. Goal

$50,000

Max. Goal

$1,500,000

Min. Investment

$250

Security Type

Convertible Note

Series

Seed

Funding Type

RegCF

Valuation Cap

$25,000,000

Discount Rate

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

290%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$981

# of Investors

134

Momentum
Funded
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Location

Maricopa, Arizona

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Biodel AG, with a valuation of $25 million, is raising funds on Wefunder. The company manufactures a unique product used to restore soil health and transition agricultural lands to regenerative practices. The product, Sequester, rapidly restores the capability of microbial biomass in the soil to mitigate climate change and save water. Biodel AG has five awarded patents and 12 patent applications in process and reported a 140% revenue growth year-over-year. Ben Cloud founded Biodel AG in July 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,500,000. The campaign proceeds will be used for marketing, product development, plant and equipment, and salaries.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$372,565

$220,004

COGS

$162,633

$100,885

Tax

$4,469

$50

 

 

Net Income

$-250,988

$-348,058

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$67,592

$4,998

Accounts Receivable

$49,581

$4,600

Total Assets

$1,797,782

$1,424,850

Short-Term Debt

$496,130

$487,188

Long-Term Debt

$197,655

$5,000

Total Liabilities

$693,785

$492,188

Financials as of: 08/25/2022
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Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Moonshot companies are tricky to evaluate. By definition, moonshots are bold, audacious, innovative attempts to solve massive problems. And if the solution is successful, it can be immensely profitable for investors and beneficial for society.

Moonshots are also incredibly risky. Such innovative solutions are difficult to build. And often, it takes a long time before society adopts a moonshot solution. It’s hard to overcome decades of doing something the same way.

That’s why timing is incredibly important when investing in moonshots. We know that many early stage moonshot companies are at least a decade away from succeeding. Investing in them often means waiting a long time before seeing any returns.

But every now and then, a moonshot company arrives on the scene at precisely the right moment — when a problem is so big and pressing that the world needs to adopt a working solution right away. And if a moonshot company has a working solution — and clear pathway to growth and monetization — that dramatically reduces the company’s risk profile and makes it extremely attractive to startup investors.

We believe Biodel AG is one of these special moonshot companies.

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Biodel AG on Wefunder 2022
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Platform: Wefunder
Security Type: Convertible Note
Valuation: $25,000,000

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