Bobacino

Bobacino

Early Stage

Automated Boba Bar

Automated Boba Bar

Overview

Raised to Date: Raised: $3,744,390

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

01/06/2022

Close Date

Not Provided

Min. Goal
$251
Max. Goal
$4,000,000
Min. Investment

$251

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$2.39

Pre-Money Valuation

$9,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2022

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

$15,473

# of Investors

63

Momentum
Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

AutomationTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Santa Monica, California

Business Type

Growth

Bobacino, with a valuation of $9 million, is raising funds on Dalmore Group through Reg A+ crowdfunding. The bar uses robotic automation to make a variety of high-quality and affordable bubble teas. Bobacino offers a new boba experience with creativity, curiosity, and accessible luxury. The company has built its preliminary prototype of a fully-automated boba machine that aims to keep the costs low and quality high. Darian Ahler founded Bobacino in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $4,000,000. The campaign proceeds will be used for product development, personnel, general overhead, and marketing.

Balance Sheet

Cash and Cash Equivalents

$231,505

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$33,802

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$265,307

Accounts Payable & Accrued Liabilities

$1,267,235

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$1,267,235

Total Stockholders' Equity

$-1,001,928

Total Liabilities and Equity

$265,307

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

$42,597

Earnings Per Share - Basic

$15.59

Earnings Per Share - Diluted

$0.01

Auditor: Artesian CPA
Financials as of: 01/06/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bobacino 09/05/2022 Dalmore Group $9,000,000 $3,744,390 Equity - Common Funded RegA+
Bobacino 11/29/2021 StartEngine $7,000,000 $1,422,155 Equity - Common Funded RegA+
Bobacino 06/05/2021 StartEngine $7,000,000 $346,588 Equity - Common Funded Test the Waters / RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Add to portfolio
Bobacino on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $9,000,000
Price per Share: $2.39

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