Mariposa Technology
A one-of-a-kind, digital farming tool that will help revolutionize the world of agricultural testing beginning with industrial hemp
Overview
Raised: $68,310
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/29/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$2,000,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
Funding Type
RegCF
Price Per Share
$0.75
Pre-Money Valuation
$8,000,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
87
% of Min. Goal
137%
% of Max. Goal
3%
Likelihood of Max
Avg. Daily Raise
$1,051
# of Investors
29
Momentum
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Location
Metairie, Louisiana
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Mariposa Technology, with a valuation of $8 million, is raising funds on Wefunder. The company has developed its handheld Raman spectrometer that provides hemp farmers with analytical information about their crops. Once the data about a specific variety of hemp is logged into the spectrometer, it can be used to optimize the hemp harvests. Mariposa Technology has also developed a testing protocol through an exclusive agreement with AgriLife Research and the Kurouski Laboratory of Texas A&M University. John Roberts and Mickal Adler founded Mariposa Technology in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.99 million. The campaign proceeds will be used for equipment, space R&D, genetics R&D, software, operations, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-293,018 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$81,997 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$81,997 |
$0 |
|
Short-Term Debt |
$49,858 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$49,858 |
$0 |
Financials as of: 11/29/2022
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