About this raise: 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.
Investment Overview
Invested : $103,910
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 11/29/2022
- Close Date
- 04/18/2023
$50,000
$2,000,000
$100
Equity - Common
Seed
RegCF
$0.75
$6,449,000
$8,000,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Farming & Agriculture
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $565,000
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.