CIHC

Early Stage

Mass produce eco-friendly plastic using agricultural waste

Analytics

Raised to Date: Raised: $1,626,890

Aggregate Commitments $

Platform

Wefunder

Start Date

09/01/2021

Close Date

05/01/2023

Min. Goal

$100

Max. Goal

$5,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

Test the Waters / RegCF

Valuation Cap

$32,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

05/23/2022

Days Remaining

343

% of Min. Goal

1,626,890%

% of Max. Goal

33%

Likelihood of Max
unlikely
Avg. Daily Raise

$6,162

Momentum
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Location

North York, Ontario

Industry

Industrial Services

Tech Sector

EnterpriseTech

CIHC, with a valuation of $32 million, is testing the waters on Wefunder. The company is building a factory to make plastic pellets using agricultural waste from food crops. The patent-pending technology of CIHC aims to provide more consistent and higher quality outputs and reduce the cost of production. CIHC aims to replace over a million tonnes of plastic with its bio-composite plastic and expects to generate $1 billion of revenue annually in the next ten years. Robert Ziner founded CIHC in 2020. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
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CIHC on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $32,000,000

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