Cloudfarming
About this raise
Cloudfarming is raising funds on MainVest. It is a farm in Boston, MA, that specializes in Controlled Environment Agriculture. The business uses controlled temperature, LED lighting, and automated water flow to grow 20 varieties of heirloom lettuce, kale, basil, chard, arugula, mustard greens, and a variety of herbs inside recycled shipping containers. The farm is also licensed to grow industrial hemp in Boston and maintains high standards of purity, potency, and transparency. Shawn and Connie Cooney founded Cloudfarming in April 2013. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $107,000. The campaign proceeds will be used for operating capital, renovation, salaries, design services, and R&D.
Investment Overview
Invested : $107,000
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 09/29/2022
- Close Date
- 11/11/2022
$100,000
$107,000
$100
Revenue Share
Annually
RegCF
1.60X
2.30%
Company & Team
Company
- Year Founded
- 2013
- Industry
- Farming & Agriculture
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/11/2022 | MainVest | - | $107,000 | Revenue Share | Funded | RegCF |