Hummingbird Labs
About this raise
Hummingbird Labs is raising funds on MainVest. It is a safety compliance facility that offers cannabis testing services in Michigan. The testing laboratory ensures that customers get cannabis that is fully compliant with all regulatory requirements. The growers and processors of cannabis will receive a Certificate of Analysis after having their products tested by Hummingbird Labs. Paul King, Glen Clanton, and Gayle King founded Hummingbird Labs in July 2019. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $1,000,000. The campaign proceeds will be used for equipment purchase, buildout, and operating capital.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 06/29/2022
- Close Date
- 12/30/2022
$500,000
$1,000,000
$100
Revenue Share
Seed
RegCF
2.00X
6.00%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/30/2022 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |