Below are the latest equity crowdfunding raises begun this past week. For additional information, we encourage KingsCrowd members to click on the link provided for more details. If interested, be sure and follow how each startup’s respective raise is progressing and the concepts they are bringing to the marketplace.
Please note, these are not recommendations but are meant only to inform our readers of new investment opportunities.
Be sure and check back with KingsCrowd in the future. We will continue providing updates on each raise as it progresses, particularly if we feel they meet our criteria of being worthwhile as potential investments.
Solstar Space Company, with a valuation of $12 million, is raising funds on Wefunder. The company is tapping the market of secure space communication and creating the space wide web. The technology will allow private companies and researchers to communicate with space assets in a modern and convenient manner. Solstar Space Company has a Space Act Agreement with NASA and has already demonstrated the first commercial WiFi hotspot in space. M. Brian Barnett founded Solstar Space Company in 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $3,500,500. The campaign proceeds will be used for product development of the software app, small sat space communicators, and flight communicators.
Lil’ Libros, with a valuation of $11 million, is testing the waters on Wefunder. It is a bilingual children’s media publishing company to encourage reading in two languages at the earliest stage. The company publishes books that celebrate different cultures, inclusivity, and authenticity. Lil’ Libros generated $1.7 million in gross revenue in 2020, compared to $1.4 million in 2019. Patty Rodriguez and Ariana Stein founded Lil’ Libros in 2014. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $100,000. The campaign proceeds will be used to increase the book catalog, implement a subscription membership, and create more consumer products.
Hempitecture, with a valuation of $25 million, is testing the waters on Wefunder. The company is building a US manufacturing facility for HempWool insulation. HempWool is a sustainable, non-toxic insulation product that is not harmful for the environment. Hempitecture has more than 250 customers and has generated more than $1 million in total revenue. The company has federal partnerships with the US Department of Energy and the Building Technologies Office. Matthew Mead and Tommy Gibbons founded Hempitecture in 2019. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
CIHC, with a valuation of $32 million, is testing the waters on Wefunder. The company is building a factory to make plastic pellets using agricultural waste from food crops. The patent-pending technology of CIHC aims to provide more consistent and higher quality outputs and reduce the cost of production. CIHC aims to replace more than a million tonnes of plastic with its bio-composite plastic and expects to generate $1 billion of revenue annually in the next 10 years. Robert Ziner founded CIHC in 2020. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
MySwimPro, with a valuation of $20 million, is raising funds on Wefunder. The fitness application offers training experience to beginners and professional swimmers with the help of training plans, video content, personalized workouts, and analytics to measure performance. MySwimPro has more than 1.5 million app downloads and has generated more than $3 million in subscription revenue. Fares Ksebati, Adam Oxner, and Michael Allon founded MySwimPro in 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for content marketing, product development, marketing, and operational expenses.
MEXI Craft Tequila Seltzer, with a valuation of $10 million, is raising funds on StartEngine. The company makes a delightful and refreshing seltzer drink using clean and real craft NOM distillery tequila. The portable mixed drink of MEXI Craft Tequila Seltzer gives people access to superb tequila, natural flavors, and exotic Mexico-inspired flavors. MEXI Craft Tequila Seltzer pre-sold its entire pilot production in California to prepare for a summer 2021 launch. Alice Chen and Brent Laucher founded MEXI Craft Tequila Seltzer in April 2020. The current crowdfunding campaign has a minimum target of $9,992.97 and a maximum target of $1,069,984.89. The campaign proceeds will be used for geographic expansion.
Orbital Assembly Corporation, with a valuation of $40.2 million, is raising funds on Netcapital. It is a leading space development company striving to let humans work, play, and thrive in low-gravity space. The company plans to make Voyager-class space stations with gravity simulating on-orbit habitation environments. Orbital Assembly Corporation is tapping into the space tourism market, which is projected to be worth $60 billion per year within a few years. Rhonda Stevenson, Dr. Tom Spilker, and Timothy Alatorre founded Orbital Assembly Corporation in August 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,000,000. The campaign proceeds will be used for recruitment, marketing, travel, facility improvements, and payroll.
Seattle Gummy Company is testing the waters on Wefunder. The company makes sugar-free gummies for energy, sports, wellness, and beauty. The gummies deliver functional healthcare without the use of pills or syrups. Seattle Gummy Company has received IND approval from the FDA for its first-ever gummy medicines and has 40 patents pending. The company sells through 4,500 stores across the US and China, with $2.5 million in revenue to date. Connie Wan founded Seattle Gummy Company in 2016. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $1,500,000. The campaign proceeds will be used for research and development, sales, marketing, and geographic expansion.
Buttonsmith, with a valuation of $25 million, is testing the waters on Wefunder. It is an American manufacturing company based on automation, e-commerce, and software. The company uses modern technology to overcome the problems with current manufacturing processes and makes single pieces on demand. The business model of Buttonsmith makes manufacturing less wasteful, less brittle, and more responsive to customers. Buttonsmith has more than 500,000 customers and generated $5.5 million in gross revenue in 2020. Henry Burner and Darcy Burner founded Buttonsmith in 2014. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $100,000. The campaign proceeds will be used to scale the software, industrial design practices, and manufacturing processes.
Earth Rides, with a valuation of $40 million, is testing the waters on Wefunder. The company offers a rideshare facility with its fleet of electric vehicles. It aims to provide access to clean technology to everyone and electric vehicle ownership regardless of socioeconomic status. Earth Rides has the first-mover advantage in the electric rideshare space and reported a 205% increase in revenue in the second quarter of 2021 compared to the previous quarter. Raven Hernandez and Peter Smith founded Earth Rides in 2019. The current crowdfunding campaign has a minimum target of $250 and a maximum target of $1,000,000. The campaign proceeds will be used to purchase additional vehicles, hire additional drivers, and expand into new cities.
Neurotez, with a valuation of $44.9 million, is raising funds on StartEngine. The company is developing a hormone replacement therapy named Memtin to treat Leptin deficiency in Alzheimer’s patients. The drug will help slow down cognitive decline in Alzheimer’s patients and other forms of dementia. Neurotez has already received many awards and recognitions and is backed by an excellent team of experts. Nikolaos Tezapsidis founded Neurotez in 2005. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $281,096. The campaign proceeds will be used for the execution and delivery of data from its Phase 1B trial.
MxG Fiber, with a valuation of $9 million, is testing the waters on Wefunder. The company makes sustainable molded fiber packaging that replaces single-use plastics and reduces carbon footprint. The fiber containers of MxG Fiber are used in the take-out food industry and are safe, high-quality, cost-effective, and fully traceable. MxG Fiber has produced several products and has three manufacturing facilities in the Midwest. Matt Griswold founded MxG Fiber in 2019. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $4,500,000. The campaign proceeds will be used to establish more production facilities and long-term growth.
ThisWay Global is testing the waters on Wefunder. It is an artificial intelligence-powered platform that matches all people to all jobs without any bias. ThisWay Global supports businesses, spurs economic growth, and helps unemployed people get jobs. ThisWay Global is a Google Startup with backing from Amazon and has onboarded more than 4,000 companies. Angela Hood founded ThisWay Global in 2016. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $200,000. The campaign proceeds will be used to reach more people and companies to improve job outcomes and generate greater returns on investment.
Sash Group, with a valuation of $10 million, is testing the waters on Wefunder. The company makes and sells patented sash bags that have a unique, ergonomic, 10-pocket design. The sash handbags bring a better way for women to have all the things they need at their fingertips. Sash Group is backed by Ugg founder Brian Smith and has 70,000 fans creating a high demand for production. Nichole MacDonald founded Sash Group in 2012. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $50,000. The campaign proceeds will be used to hire a COO to support the company’s growth strategy.
EvonSys, with a valuation of $20 million, is testing the waters on Wefunder. The company uses its low-code platforms to digitize and automate enterprise businesses. EvonSys helps in bringing a happy customer experience with its subject matter expertise, innovative solutions, and quality-conscious digital transformation implementation strategies. The company reported a two-times revenue growth in 2021 with more projects in the pipeline. Arun MS, Nish Fonseka, and Punna Paramasivan founded EvonSys in 2015. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $500,000. The campaign proceeds will be used for growth and expansion.
Bunny Money, with a valuation of $10 million, is raising funds on Wefunder. The company has developed an app that helps people save money while donating to their favorite NGOs. The platform allows users to donate money without any processing fees, allocate income to their personal savings and earn 1% interest using their digital BunnyBank. Bunny Money has already partnered with more than 25 non-profits and has a waitlist of more than 700 people. Fabien Lamaison, Cyril Goust, and Thomas Rame founded Bunny Money in April 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for resources, marketing, and cloud and banking infrastructure costs.
A.D.A.M., with a valuation of $30.8 million, is raising funds on StartEngine. The company has developed an on-demand implant manufacturing infrastructure that can make personalized bone implants remotely or on-site. A.D.A.M. is currently in the research and development stage and working with medical professionals to work out the process for implant printing, 3D modeling, and receiving a personalized implant. The company is leading the way in the orthopedics implants industry with its 3D printing methods. Denys Gurak founded A.D.A.M. in February 2019. The current crowdfunding campaign has a minimum target of $9,997.16 and a maximum target of $1,069,994.98. The campaign proceeds will be used for the completion of studies and FDA clearance.
Doroni Aerospace, with a valuation of $14 million, is raising funds on StartEngine. The company has developed an Electric Vertical Takeoff and Landing Aircraft (eVTOL) that people can fly personally and park in their home garage. The aim of Doroni Aerospace is to make transportation faster, cheaper, safer, simpler, greener, and more efficient. Doroni Aerospace has already designed, built, tested, and lifted off the ground a prototype eVTOL. Doron Merdinger and Roman Antonov founded Doroni Aerospace in October 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for flying the full-scale prototype, receiving the FAA certification, and commercial launch.
XR Casino, with a valuation of $15 million, is raising funds on StartEngine. The company specializes in extended reality (XR) cross-technology gaming and gambling solutions. The business uses AI, blockchain, augmented reality, mixed reality, and virtual reality technologies to provide amazing gaming experiences and value-added services. The XR Casino platform works on interoperability and combines various technologies to offer a streamlined experience. Dayan Martinez founded XR Casino in July 2021. The current crowdfunding campaign has a minimum target of $9,998.08 and a maximum target of $1,069,997.86. The campaign proceeds will be used for growth and expansion.
ProCanna, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform that assists in operations management and regulatory compliance for cannabis companies. The platform is the future of cannabis compliance with its searchable regulations, foundational policies and procedures, and real-time updates on cannabis legislative changes. ProCanna is operating in many states and plans to launch its toolkit soon. Dede Perkins and Tony Perkins founded ProCanna in January 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used to add API collaboration to the software, add a sales associate to the team, and scale sales and customer service.
Convivio Cafe is raising funds on MainVest. It is a cafe and multicultural gathering space in Denver, Colorado. The cafe will serve unique and culturally-rooted food and drink recipes from Guatemala and Central America. The offerings will include farmer-roasted coffee, artisanal Guatemalan tea, alfajores, champurradas, ponche espumillas, and Guatemalan tosadas. Kristin Lacy and Vivi Lemus founded Convivio Cafe in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $65,000. The campaign proceeds will be used for the cafe buildout, espresso bar equipment, and working capital.
Icarus RT, with a valuation of $20 million, is raising funds on Wefunder. The company has developed revolutionary technology that helps to capture twice the energy from the sun with only a minor increase in the cost. The Quartet Hybrid Solar Energy technology combines solar photovoltaic technology with solar hot water systems to generate the desired results. Icarus RT helps to reduce the ROI from six-to-eight years to about three years and is most suitable for high-density housing, industrial, and commercial buildings. Mark Anderson founded Icarus RT in October 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for manufacturing, commercialization, and sales and marketing.
MAGFAST, with a valuation of $30 million, is testing the waters on Netcapital. The electronics company designs and manufactures premium magnetic charging products that are changing charging for good. The chargers of MAGFAST charge wirelessly and support every device from every brand. MAGFAST test-launched in 2017 and generated pre-orders worth $600,000 in the first 24 hours. The company has received pre-orders worth more than $13 million to date. Seymour Segnit and Any Rau Segnit founded MAGFAST in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,948,398. The campaign proceeds will be used for tooling, manufacturing, materials, product certification, research and development, and sales.
Mira Zaki Photography is raising funds on SMBX. The business offers photography services with creativity, thoughtfulness, and expertise. The owner tells stories through her powerful visual storytelling and works on advertising, editorial, television, magazines, book publishing, and print projects. The clients and publications of Mira Zaki Photography include The New York Times, Food Network, Cosmopolitan, The Travel Channel, and CNN. Mira Zaki founded Mira Zaki Photography in May 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for working capital, debt refinancing, and the purchase of equipment.
WeatherFlow-Tempest, with a valuation of $32.3 million, is raising funds on StartEngine. The company uses an exclusive data and AI-driven model that helps in accurate weather prediction and controlling the impact of weather. The patented technology of WeatherFlow-Tempest, Nearcast Technology, provides customers with point-specific weather information when and where they need it. WeatherFlow-Tempest doubled its revenues from $2.9 million in 2019 to $6.5 million in 2020. Buck Lyons and Phil Atkinson founded WeatherFlow-Tempest in December 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.
Petal, with a valuation of $5 million, is raising funds on Wefunder. The company offers a zero-waste hand soap subscription that sells reusable aluminum bottles and soap pods refills. The hand soap of Petal is non-toxic, vegan, cruelty-free, made of natural ingredients, and suitable for all skin types. Petal has an award-winning product and packaging design and has brand collaborations with Corey Wilson and Wyland Foundation. Jason Domangue founded Petal in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, customer acquisition, community building, R&D, operations, and logistics.
Redivivus, with a valuation of $20.7 million, is raising funds on StartEngine. The company providesa complete solution for lithium-ion battery recycling. The proprietary technology of Redivivus, Redi-Shred, provides battery passivization, material recovery service, full-service logistics, safe transportation of battery material, and cost-effective recycling. Redivivus earns revenue through white-glove battery collection and the sale of inert battery material. Erika Guerrero founded Redivivus in January 2020. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,998.75. The campaign proceeds will be used for generating new revenue with old metals.
Endeavour, with a valuation of $18 million, is raising funds on SeedInvest. The company uses its Balance-Sheet-as-a-Service approach to deploying capital into the US National Defense and Space Industries. It works with national defense, intelligence community, cybersecurity, and space government contractors to provide financing for smooth cash flows. Endeavour has a double bottom-line business model with portfolio yields of more than 40%. James Parker and Christopher Lay founded Endeavour in December 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $3,000,000. The campaign proceeds will be used for R&D, sales and marketing, and salaries.
Aavrani, with a valuation of $24 million, is raising funds on Republic. The company makes premium skincare products inspired by the ancient beauty rituals of India. The skincare routine of Aavrani includes four powerful steps using sustainable products that have clean ingredients. The products of Aavrani are potent, skin-loving, and free of parabens, sulfates, mineral oil, and other synthetic fragrances. Aavrani generated more than $1 million in revenue in the past 12 months and is on track to reach $5 million in sales in 2021. Rooshy Roy and Justin Silver founded Aavrani in December 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for R&D, product development, marketing, and hiring.
EX Venture, with a valuation of $15 million, is raising funds on Wefunder. The company works as an advisory firm for startups in the field of sustainability. The platform allows investors to invest in the growth of next-generation clean technology startups with a single investment. The clients benefit immensely from the services and give payment and incentives for the services in exchange. EX Venture is led by an experienced management team and has received several awards. Julien Uhlig founded EX Venture in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for sales and marketing, consulting, and legal expenses.
JeGO Technologies, with a valuation of $10 million, is raising funds on StartEngine. The company aims to modernize commerce with the use of its autonomous shuttles, JeGO Pods. The pods can be used by businesses to deliver their products and services in a safe, sanitary, and fully automated manner. JeGO Pods can also be used by personal care and health space businesses to carry on their business without paying fixed costs like rent. Frederick Akpoghene founded JeGO Technologies in August 2021. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $1,069,997.60. The campaign proceeds will be used for completing numerous pilot projects in multiple cities.
Varsity Hype is testing the waters on Republic. The company has developed a comprehensive video and analytics platform for arts and youth athletics. The cloud-based solution of Varsity Hype allows all users to create, communicate, share, and analyze their video content in new and diverse ways. Varsity Hype is customer-focused and has had more than 10,000 users since its launch in September 2020. Jorge Ortiz founded Varsity Hype in October 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.
Caary Capital is raising funds independently through Regulation A crowdfunding. The company is engaged in developing an innovative credit facility model. The model uses a CAARY-branded credit card issued on Mastercard’s global merchant network and a business expense management platform. Both the products of Caary Capital are expected to be released in the third quarter of 2021. John MacKinlay, Steve Apostolopoulos, and Jason Sawyer founded Caary Capital in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $30,000,000. The campaign proceeds will be used for global market launch, technology build for new products, and global support structure.
Golden Seed is raising funds independently through Regulation A crowdfunding. The company deals in the cultivation and manufacturing of marijuana grown in California. It sells and distributes marijuana to businesses and individuals in the state of California. The marijuana of Golden Seed is made using exceptional flowers and grown naturally using sustainable farming practices. Neil Brandom founded Golden Seed in 2017. The current crowdfunding campaign has no minimum target and a maximum target of $10,000,000. The campaign proceeds will be used for operational and general working capital.
NexGenT is raising funds independently through Regulation A crowdfunding. The company provides next-generation training and software to empower the next generation of learners globally. The flagship product of NexGenT is the NGT Academy that provides the experience, skills, and knowledge necessary to maintain jobs in the IT industry. The academy provides live cohort programs, customized enterprise IT training, and a talent marketplace. Terry Kim and Jacob Hess founded NexGenT in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $72,000,000. The campaign proceeds will be used for marketing, sales channel expansion, international and product expansion, technology development, and working capital.
800 Degrees Go is raising funds independently through Regulation A crowdfunding. The company aims to build a tech-enabled fast-casual pizza dining concept to meet the demand for convenient off-premise food options. Initially, the business will open only small-footprint sites, including delivery-only kitchens and outlets at airports, and will soon expand to fully-automated robotic pizza vending machines. 800 Degrees Go will focus on high-quality ingredients and exceptional food and have scalable and low-cost operations. James Jordan and Tommy Lee founded 800 Degrees Go in September 2021. The current crowdfunding campaign has no minimum target and a maximum target of $12,000,000. The campaign proceeds will be used for product development, site construction and expansion, marketing, personnel, and general overhead.
