Le Bread Xpress
About this raise
Le Bread Xpress, with a valuation cap of $10 million, is raising crowdfunding on WeFunder. The company develops and distributes cutting edge technology to be used in micro-bakeries. The machine of Le Bread Xpress, Bakery in a box’, can bake fresh pizza and pastry in seconds and deliver it anytime on-demand. Benoit Herve founded Le Bread Xpress in 2015 and has raised more than $600,000 since its inception. The current round of crowdfunding has a minimum target of $75,000 and a maximum target of $1,070,000, and the proceeds will be used for new model development, IP development and IP filing, and new hires. Le Bread Xpress has already started generating revenues with ten machines on order and contractual option to sell 65 more machines in the next six months.
Investment Overview
Invested $166,138 :
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/28/2020 | Wefunder | $2,000,000 | $166,138 | SAFE | Funded | RegCF |