CUBO Beverages
Early Stage
Chef Developed Smoothies and Juices at the Push of a Button | Self-Cleaning!
Overview
$397,975 - RegCF
$692,975 - Total
$692,975 - Total
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/14/2022
Close Date
12/16/2022
Min. Goal
$50,000
Max. Goal
$1,069,999
Min. Investment
$250
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
/ RegD 506(c)
Price Per Share
$0.97
Early Bird Valuation
$10,398,470
Pre-Money Valuation
$12,347,549
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,236
# of Investors
224
Momentum
Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
CUBO Beverages, with a valuation of $12.3 million, is raising funds on Wefunder. The company has created a juicer for making smoothies and juices at the push of a button. The device is self-cleaning, with no exposed blades, with touch screens and CUBO pods. CUBO pods are recyclable and developed by chef Olivier Rousselle. The business is currently selling business-to-business in Phase 1 and plans to sell business-to-consumers in Phase 2. Nicolas Blatt founded CUBO Beverages in May 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,069,999. The campaign proceeds will be used for sales and marketing, machines’ continuous improvement and production, production and R&D of new product lines, and administrative and professional services.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-268,783 |
$-365,333 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8,544 |
$10,808 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$578,542 |
$400,461 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/14/2022
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