Carbonic
About this raise
Carbonic is raising funds on Silicon Prairie Online. The biomass handling company is focused on converting pork manure carbon into High-Density Polyethylene (HDPE). HDPE is an industrial plastic and is used to make grocery bags, milk jugs, playground equipment, and medical devices. Carbonic addresses the concerns of human-caused carbon dioxide being released into the atmosphere and is helping the meat processing industry too. Lyno Sullivan founded Carbonic in February 2020. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, growth, and expansion.
Investment Overview
Not Funded: $1,000
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/30/2022 | Silicon Prairie Online | - | $1,000 | SAFE | Not Funded | RegCF |