CIHC

CIHC

Testing the Waters
Early Stage

Mass produce eco-friendly plastic using agricultural waste

Mass produce eco-friendly plastic using agricultural waste

Overview

Raised this Round: Raised: $1,621,696

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/31/2021

Close Date

Testing the Waters

Min. Goal
Funded
Max. Goal
Funded
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

Test the Waters / RegCF    Open SEC Filing

Valuation Cap

$32,000,000

Discount

0%

Year Founded

2020

Industry

Industrial Services

Tech Sector

EnterpriseTech

Location

North York, Ontario

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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Warning: according to the close date for this deal, CIHC may no longer be accepting investments.

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