HydroArtPod

HydroArtPod

Early Stage

AI-driven indoor garden to grow & eat fresh every day - forever!

AI-driven indoor garden to grow & eat fresh every day - forever!

Overview

Raised to Date: Raised: $89,850

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/20/2022

Close Date

11/15/2022

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,000,000

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$505

# of Investors

58

Momentum
Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Middletown, Delaware

Business Type

Growth

HydroArtPod, with a valuation of $5 million, is raising funds on Wefunder. The company has created an AI-driven indoor garden for people to grow and eat fresh food every day. The indoor growing garden kit of HydroArtPod enables people to live more sustainably, save money, and reduce their impact on the environment. HydroArtPod is wall-mounted, fully self-contained, fully automated, and helps to grow more than 25 varieties of plants. Aline Pate and Richard Pate founded HydroArtPod in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for sales and marketing, manufacturing and tooling up, logistics, and product development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$702

$57

 

 

Net Income

$-88,569

$-81,622

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$23,556

$70,983

Accounts Receivable

$0

$0

Total Assets

$24,563

$72,262

Short-Term Debt

$0

$0

Long-Term Debt

$194,714

$153,884

Total Liabilities

$194,714

$153,884

Financials as of: 05/20/2022
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HydroArtPod on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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