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.
Life Imaging Fla, with a valuation of $8.3 million, is raising funds on StartEngine. The company aims to provide an early detection system for cancer and heart diseases. Life Imaging’s FDA-approved scanners can detect many of these diseases even before the symptoms appear. At the same time, the Life Imaging scanners do not use dyes, are quick, and use only 10% of the radiation used by a normal CT scanner. Life Imaging Fla has already conducted a pilot project under a different company wherein it generated a 37% profit margin and generated more than $500,000 in revenue in four months. James T. Graham founded Life Imaging Fla in July 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,000,000. The campaign proceeds will be used for salaries, administration expenses, and travel and entertainment.
Stigma Cannabis is testing the waters on Silicon Prairie Online. It is a CBD brand that makes cannabis products using organically grown hemp. The products of Stigma Cannabis are clean, safe, batch-tested for CBD potency, and made with premium-grade ingredients. The company is also known for its exceptional packaging and materials and an excellent customer service team. Stigma Cannabis has been voted as Minnesota’s best CBD retailer. Josh Maslowski founded Stigma Cannabis in September 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $250,000. The campaign proceeds will be used to fund the operations and complete the retail dispensary and legal cannabis expansion.
Adaptyv Biosystems, with a valuation of $12 million, is raising funds on Wefunder. The company uses synthetic biology and nanofluidics for protein engineering. The business and its technology interface with standard antibody discovery pipelines and massively increase the number of antibodies that can be screened. Adaptyv Biosystems is working on building a platform that can engineer proteins based on high-throughput nanofluids and train machine-learning models to predict new protein designs. Julian Englert, Moustafa Homani, Amir Shahein, and Daniel Nakhaee Zadeh Gutierrez founded Adaptyv Biosystems in July 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for R&D expenses.
Hudson Space Systems, with a valuation of $12.6 million, is raising funds on StartEngine. It is an aerospace company specializing in providing microgravity services to researchers, companies, and governments. The company aims to create an affordable launch environment for customers to perform their microgravity research. Hudson Space Systems has filed one provisional patent application and has received a grant from the Stevens Institute of Technology. Nathan Tahbaz, Monica Traupmann, Dakota Van Deursen, William Skwirut, and Benjamin Iofel founded Hudson Space Systems in October 2019. The current crowdfunding campaign has a minimum target of $9,999.25 and a maximum target of $3,499,999.70. The campaign proceeds will be used for R&D and the launch of its microgravity flights.
MarkSetBot, with a valuation of $10 million, is raising funds on StartEngine. It is a robotics company working to disrupt the marine industry. The company makes robotic buoys that use GPS technology and are self-propelled to reach a specific location. MarkSetBot is already used at many sailing championships across the world and is ready to license the technology to larger industries. Kevin Morin founded MarkSetBot in November 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 to introduce new products and expand.
Esker Cycles by Krueger Outdoor
Esker Cycles by Krueger Outdoor, with a valuation of $6.49 million, is raising funds on StartEngine. The company makes mountain bikes using a patented suspension system. Esker uses Orion Dynamics to ensure that people enjoy their bike ride irrespective of the trail and terrain. The bikes of Esker Cycles by Krueger Outdoor are known for their durability, performance, and versatility. Tim Krueger and Ryan Krueger founded Esker Cycles by Krueger Outdoor in February 2018. The current crowdfunding campaign has a minimum target of $9,999.99 and a maximum target of $1,069,998.93. The campaign proceeds will be used to introduce new frames and new models of bikes.
PVpallet, with a valuation of $18.5 million, is raising funds on StartEngine. The company has developed a unique pallet system for the shipping of solar panels. The pallet system is reusable, recyclable, and collapsible and will revolutionize the way solar panels are handled and distributed. PVpallets aim to improve cost efficiencies, reduce solar panel damage, and have positive environmental impacts. Philip Schwarz, Luke Phelps, Ethan Wollbrink, and Steven Kottwitz founded PVpallet in November 2020. 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 mold revisions and modifications and full-scale product launch.
LUUM, with a valuation of $23.2 million, is raising funds on StartEngine. The company has developed a patented AI-based technology that will help beauty service providers to apply lash extensions in minutes. The technology will enable three times faster application of lash extensions compared to manual application. LUUM has already partnered with a top cosmetics brand and is in the prototype phase. Lynn Heublein, Nathan Harding, Joanne Chen, and Kurt Amundson founded LUUM in June 2017. The current crowdfunding campaign has a minimum target of $9,999.66 and a maximum target of $1,069,999.26. The campaign proceeds will be used to launch the lash application machines and lease them to partners.
Enervolt, with a valuation of $17.5 million, is raising funds on StartEngine. The company has developed proprietary software that monitors energy systems in real-time and provides energy solutions for vital problems. Enervolt’s Nexus Optimiser Flex Kits and Roof Kits provide an integrated solution for optimizing solar panel energy output along with monitoring and storing capacities. The company has received many orders in the past few months, including one from a chain of battery and golf cart suppliers. William Patridge founded Enervolt in 2012. The current crowdfunding campaign has a minimum target of $9,999.35 and a maximum target of $534,998.14. The campaign proceeds will be used to expand sales of solar golf cart kits and solar kit technology and develop a new patented graphene supercapacitor battery system.
Verve, with a valuation of $6 million, is raising funds on Wefunder. The company provides micro-mobility solutions with affordable and eco-friendly scooters. The Verve scooters are reliable, inexpensive, and environmentally friendly modes of transportation. Verve is already operating a small fleet out of New Jersey and did more than 40 rides in five days after launch. Kevin Thompson and Naim Statham founded Verve in September 2018. 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 operations, social media promotions, ongoing tech updates, customer support, and legal expenses.
Xoca, with a valuation of $2.53 million, is raising funds on Wefunder. The company makes one-of-its-kind gut-healthy soda using upcycled cacao fruit. The delicious and sustainable beverage has substantial functional benefits and is good for the gut and the planet. Xoca has a strong brand identity and has developed a proprietary method for the processing of the cacao fruit. Jacob Lopata founded Xoca in July 2017. The current crowdfunding campaign has a minimum target of $49,999 and a maximum target of $499,998. The campaign proceeds will be used for brand evolution, new label design, marketing, and product development.
Honeyfund.com, with a valuation of $39.3 million, is raising funds on StartEngine. It is a honeymoon wedding gift registry that allows couples to receive financial support from their friends and family for their honeymoon experiences and wedding-related costs. It makes gifting exciting and straightforward. Honeyfund has already funded more than one million couples, with $703 million in gifts from 6.2 million givers. The company is planning to expand into supporting friends and family through life’s milestones and mishaps. Sara Margulis founded Honeyfund.com in 2009. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $3,932,184.60. The campaign proceeds will be used for further development of the app, development of a rewards system, and marketing.
Congreso Park is raising funds on Republic. It is a brand new condominium building in the heart of Mexico City. The apartment complex has 45 apartments across six floors, with retail space on the ground floor and a common roof garden. The complex is being bought by Smart Vylon, a visionary home development company. Smart Vylon plans to lease Congreso Park units with an estimated 7% annual yield. Victor Rosales Aranda founded Smart Vylon in December 2019. The current crowdfunding campaign has a minimum target of $140,000 and a maximum target of $980,500. The campaign proceeds will be used for the acquisition of apartment units in Congreso Park.
Island Brands, with a valuation of $117 million, is raising funds on StartEngine. The company makes premium-quality beer as a competition to the major corporate brands. The beer of Island Brands is all-clean and brewed using only water, yeast, barley, and hops. The two flagship products of Island Brands are Island Coastal Lager and Island Active. Island Brands is the number one fastest-growing lager brand family in the Southeast and went up 95% in dollar sales. Scott Hansen and Brandon Perry founded Island Brands in March 2019. The current crowdfunding campaign has a minimum target of $9,998.24 and a maximum target of $942,429.04. The campaign proceeds will be used for growth and expansion.
4Sight HEVA Opportunity Zone Fund
4Sight HEVA Opportunity Zone Fund is raising funds on Mr. Crowd. The fund helps investors invest in multifamily and commercial properties based on a combination of location, return targets, and rental demand. The properties 4Sight HEVA Opportunity Zone Fund invests in generally generate returns of 8% to 18% in an investment period of three to seven years. The target markets of the fund include opportunity zones in urban areas. Gamal Walker founded 4Sight HEVA Opportunity Zone Fund in May 2021. The current crowdfunding campaign has a minimum and maximum target of $1,070,000. The campaign proceeds will be used to invest in more and better properties.
Thimble, with a valuation of $8 million, is raising funds on Republic. The education company is making STEM learning easy for students with its live STEM classes and robotics kits. The classes are taught by experts, and the kits bring hands-on coding experience to all the students. The company offers group learning solutions through school classrooms and direct to individual learning at homes. Thimble has reached 20,000 students in 300 schools and generated $1.2 million in revenue through July 2021. Oscar Pedroso founded Thimble in January 2013. 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 hiring, expansion of marketing, and building a more robust sales team.
Boxxwave is raising funds on WunderFund. The company has developed a platform for music artists to provide them with all the tools and resources required to build their careers. The platform is helping to digitize the music industry and creating a one-stop shop for musicians, creatives, and listeners. The company has an offline marketing strategy that brings leads to its products and helps them grow. Othello Byndon, John Bentley II, and Amina Adesiji founded Boxxwave in December 2015. The current crowdfunding campaign has a minimum target of $125,000 and a maximum target of $250,000. The campaign proceeds will be used for advertising, growth, and expansion.
Queen’s Gambit is raising funds on MainVest. It is a hobby shop and game store that offers in-store tabletop play along with retail sales of games. The retail inventory includes board games, collectible card games, role-playing games, nerd collectibles, and play mats. The store also offers a family-friendly environment to bring players together. Queen’s Gambit is led by experienced founders and has proven demand and competitive advantage. Charles Morgridge founded Queen’s Gambit in December 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used for the repayment of debt and expansion.
Fig Portfolio Shares is raising funds on Republic through Regulation A crowdfunding. The company brings prolific arcade games to home computers and game consoles through emulation. The brand is a leader in remastering, reimagining, and reinventing. Fig is the number one game funding and publishing platform and has won several awards for its games, including Outer Wilds, What the golf?, Kingdoms and Castles, and Pillars of Eternity II. Justin Bailey founded Fig Publishing in October 2015. The current crowdfunding campaign has a minimum target of $1,500,000 and a maximum target of $15,000,000. The campaign proceeds will be used for transaction costs and operating costs.
Sky Quarry, with a valuation of $37.5 million, is raising funds on Equifund CFP through Regulation A crowdfunding. It is an environmental remediation company that uses technology to recycle waste asphalt shingles and remediate oil-saturated sands and soils. The company owns an oil sands remediation facility and 100% interest in asphalt bitumen exploration leases in Utah. David Sealock founded Sky Quarry in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $18,750,000. The campaign proceeds will be used for capital equipment costs, development and engineering costs, and other costs for the PR Spring facility and ASR facility.
