Bobacino

Early Stage

Automated Boba Bar

Analytics

Raised to Date: Raised: $346,588

Aggregate Commitments $

Platform

StartEngine

Start Date

11/17/2020

Close Date

06/06/2021

Min. Goal

$100

Max. Goal

$20,000,000

Min. Investment

$497

Security Type

Equity - Common

Funding Type

Test the Waters / RegA+

Series

Seed

Pre-Money Valuation

$7,000,000

Rolling Commitments $

Status
Funded
Reporting Date

06/30/2021

Days Remaining
Funded
% of Min. Goal

346,588%

% of Max. Goal

2%

Likelihood of Max
Funded
Avg. Daily Raise

$1,724

Momentum
Funded
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Location

Santa Monica, California

Industry

Food, Beverage, & Restaurants

Tech Sector

AutomationTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Bobacino, an automated boba bar, is raising funds on StartEngine through Test the Waters / 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. Darian Ahler founded Bobacino in 2020. The raise is currently in the Test the Waters Phase. The funding round proceeds will be used for product development, payroll, marketing, and general administrative expenses. Bobacino is backed by Wavemaker Labs; a food automation focused venture studio. It has already built a fully-functioning prototype and plans to explore the untapped global boba market.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bobacino 07/06/2022 Dalmore Group $9,000,000 $67,833 Equity - Common Active RegA+
Bobacino 11/30/2021 StartEngine $7,000,000 $1,422,155 Equity - Common Funded RegA+
Bobacino 06/06/2021 StartEngine $7,000,000 $346,588 Equity - Common Funded Test the Waters / RegA+
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Bobacino on StartEngine
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,000,000
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