New Deals for the Week Ending 12/22/22 - KingsCrowd

December 27, 2022

New Deals for the Week Ending 12/22/22

Here are the newest startup raises that have been added to the KingsCrowd database. We’ve sorted them according to industry. For more information on a specific deal, just click the link provided.

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.

Alcohol, Tobacco, & Recreational Drugs

Uncle Arnie’s

Uncle Arnie’s is a brand of high-dosage cannabis beverages that come in a variety of flavors and two sizes: 8 ounces and 2 ounces. Uncle Arnie’s already sells its products in California, recently expanded into Oregon, and plans to sell in Michigan and Washington in 2023.

  • Valuation: $20 million
  • Platform: SeedInvest
  • Founder: Ave Miller
  • Minimum Investment: $1,010

Good Greens Flower

Good Greens Flower is building a facility in Massachusetts for growing cannabis indoors and manufacturing related products. The company plans to have its first crops harvested and prepared for sale by August 2023.

  • Investment Multiple: 1.6x
  • Platform: MainVest
  • Founder: Michael Cimino
  • Minimum Investment: $100

Arts & Crafts

hobbyDB

HobbyDB is an online database where fans and collectors can search for items, learn the approximate value of specific collectibles, find items for sale, and more. With the app, users can scan an item and conduct instant research. HobbyDB aims to become a marketplace where collectors can auction, sell, trade, and more.

  • Valuation: $16.4 million
  • Platform: Wefunder
  • Founders: Christian Braun and Alexandra Lindsay
  • Minimum Investment: $100

Consumer Products, Goods & Services

GolfSuites

GolfSuites offers entertainment venues where customers can play simulated golf, receive coaching, eat and drink at restaurants, and listen to live music. So far, the company has three locations, and it plans to become a national chain.

  • Valuation: $229.1 million
  • Platform: Dalmore Group
  • Minimum Investment: $675

Financial & Insurance Products & Services

She

She has developed a personal finance app targeting women. It helps users manage money, set goals, and more. It also offers rewards for meeting goals, including cleaning services and vacations. The app aims to improve women’s financial health and security.

  • Valuation: $6.8 million
  • Platform: Wefunder
  • Founder: Julie Rasmussen
  • Minimum Investment: $150

BlissDivorce

BlissDivorce’s platform helps divorcing couples resolve disputes without human intervention. The company launched its pilot in California and plans to expand into other states.

  • Valuation: $10 million
  • Platform: SeedInvest
  • Founders: Scott Seidewitz, Sheila Tan, and Dan Hirsch
  • Minimum Investment: $1,000

Fitness & Wellness

FitJab

FitJab is a fitness app targeting Muslim women. It guides them through at-home exercises and aims to help them build confidence and independence.

  • Valuation: $19.4 million
  • Platform: Netcapital
  • Founders: Eric Abdykalykov and Nikita Ryjih
  • Minimum Investment: $99.88

AGOGIE

AGOGIE is an athleisure apparel brand that incorporates resistance bands into its clothes, helping customers get more out of their workouts. AGOGIE has achieved $10 million in sales and has 76,000 followers on social media.

  • Valuation: $10 million
  • Platform: StartEngine
  • Founder: Aaron Mottern
  • Minimum Investment: $102.49

Food, Beverage, & Restaurants

Moy Bien Tea

Moy Bien Tea sells a line of organic, loose-leaf herbal teas. The company donates 5% of its profits to nonprofits in Philadelphia, Pennsylvania.

  • Interest rate: 13.75%
  • Platform: Honeycomb
  • Founder: Jasmin-Ayana Moy
  • Minimum Investment: $100

Rustech Brewing

Rustech Brewing is a steampunk-themed brewery in Monticello, Minnesota with two tasting rooms and a five-barrel brewery on site. The company wants to expand and upgrade its brewing area.

Santé

Santė is an American-style restaurant in Scottsdale, Arizona with an inclusive, organic menu that changes seasonally. It aims to source ingredients sustainably.

  • Investment Multiple: 1.5x
  • Platform: MainVest
  • Founders: Nico Doniele and Nick Neuman
  • Minimum Investment: $100

Links Golf Cafe

Links Golf Cafe aims to grow a franchise of shops that combine the cafe experience with simulated golf. The company plans to have five revenue streams: memberships, drop-in golf games, food and beverages, merchandise, and memberships for business growth meetings.

  • Valuation: $6 million
  • Platform: Wefunder
  • Founders: Thomas Matzen and Simon Hedley
  • Minimum Investment: $100

Perfekto (YC S21)

Perfekto offers a produce delivery subscription that reduces food waste. It sells food that would otherwise be discarded due to imperfections or surplus. The company currently has more than 3,000 active subscribers and delivers more than 6,000 boxes of food per month.

  • Valuation: $10 million
  • Platform: Wefunder
  • Founders: Jan Heinvirta, Anahí Sosa, and Juan Andrade
  • Minimum Investment: $100

Mr Bing Foods

Mr Bing Foods sells a Chinese-inspired, clean-label condiment called Chili Crisp. Mr Bing Foods’ products are available in five Kroger divisions, Sprouts, and Fresh Market.

  • Valuation: $10 million
  • Platform: Republic
  • Founders: Brian Goldberg and Benjamin Duvall
  • Minimum Investment: $150

El Hempe

El Hempe’s ready-to-drink tequila cocktails let customers enjoy the flavor of cannabis without consuming any tetrahydrocannabinol or cannabidiol. El Hempe comes in three flavors and has secured distribution in three states.

  • Valuation: $10.8 million
  • Platform: StartEngine
  • Founder: Anthony Bash
  • Minimum Investment: $237.63

Healthcare & Pharmaceuticals

Eva Medtec

Eva Medtec developed a fully automated device, the Neuroglide, that can relieve neck and back pain and improve circulation. The technology has received FDA clearance, and the company plans to create devices for other areas of the body.

  • Valuation: $11 million
  • Platform: StartEngine
  • Founder: Irene Waldridge
  • Minimum Investment: $299.49

FemHealth Insights

FemHealth is a database that provides insights into the women’s health market. Users can view detailed company profiles, search complex questions, and more. As of April 2022, the prototype has 75 subscribers.

  • Valuation: $10 million
  • Platform: Wefunder
  • Founder: Brittany Barreto
  • Minimum Investment: $100

iMetabolic Biopharma

IMetabolic Biopharma is developing a platform called iPlatform that will speed up the discovery of effective, affordable drugs for chronic diseases. The company’s partners include Ligand Pharmaceuticals and Amazon Web Services.

  • Valuation: $25 million
  • Platform: StartEngine
  • Founder: Urban Kiernan
  • Minimum Investment: $250

CovInnovations

CovInnovations seeks to understand and develop treatments for COVID-19. It is currently working on an oral medication, COVI-001, to encourage a proper immune response to COVID-19 and help patients who need oxygen supplementation.

  • Valuation: $50 million
  • Platform: StartEngine
  • Founder: Aury Nagy
  • Minimum Investment: $244.20

AllerPops

AllerPops has developed patented, drug-free probiotic lollipops to treat allergies at their root cause. AllerPops received an award in 2020 and has successfully conducted an independent phase II clinical trial.

  • Valuation: $9.8 million
  • Platform: Wefunder
  • Founder: Cliff Han
  • Minimum Investment: $250

Media, Entertainment & Publishing

Skybound Holdings

Skybound Holdings is an entertainment company that launches intellectual properties, boosts their popularity, and monetizes them. Skybound Holdings currently has a library of 150 intellectual properties across multiple forms of media, including games, comics, and TV.

  • Valuation: $500 million
  • Platform: Republic
  • Founders: David Alpert and Robert Kirkman
  • Minimum Investment: $500

CircleIt

CircleIt is a platform that lets users send cards and gifts to loved ones in the distant future, long after the user is gone. As of 2022, the company has a worldwide user base of 5.2 million.

  • Valuation: $52 million
  • Platform: Wefunder
  • Founder: Art Shaikh
  • Minimum Investment: $100

Pet Health, Food, and Services

CureLab Veterinary

CureLab Veterinary is developing a cancer treatment for pets called ElenaVet, which boosts pets’ anticancer immune response. ElenaVet is still working toward approval. The company has patents in more than 20 countries.

  • Valuation: $32.7 million
  • Platform: Netcapital
  • Founder: Alex Shneider
  • Minimum Investment: $120

AdoraPet Biosciences

AdoraPet Biosciences plans to modify pet embryos by eliminating genes that cause allergies in owners and cancer, hip dysplasia, and cataracts in pets. The company aims to let pets and their owners live long, healthy lives together.

  • Valuation: $35 million
  • Platform: Dealmaker Securities
  • Founders: Richard Chin, Stephen Sundlof, and George Church
  • Minimum Investment: $1,000

Real Estate & Construction

Outsite

Outsite gives remote workers medium- and long-term accommodations in 50 locations around the world where they can join a community of other remote workers. Outsite had 100% year-over-year revenue growth over the past two years, and it currently stands at $9.5 million in annual revenue.

  • Valuation: $40 million
  • Platform: Wefunder
  • Founders: Emmanuel Guisset, Liz Ribot, and Stijn Beauprez
  • Minimum Investment: $500

Transportation, Automotive, Aviation, & Aerospace

Upshift

Upshift lets subscribers pay to use a car only when they need it, without worrying about maintenance, parking, or car insurance. The company currently operates in San Francisco, California and plans to expand to Washington, D.C. next.

  • Valuation: $15 million
  • Platform: Wefunder
  • Founders: Ezra Goldman and Ayako Hiwasa
  • Minimum Investment: $100

CubCrafters

CubCrafters designs and manufactures customizable aircraft for four different industry segments, offering nine different models. CubCrafters recently signed a multi-year contract for a government fleet modernization initiative.

  • Valuation: $150 million
  • Platform: Title3Funds
  • Founder: James Richmond
  • Minimum Investment: $400

Aptera Motors

Aptera Motors is developing an electric vehicle, Aptera, that can draw power from solar energy, reducing the need for vehicle charging. More than 38,000 people have reserved an Aptera, which could generate more than $1.4 billion in revenue.

  • Valuation: $795 million
  • Platform: Republic
  • Founders: Chris Anthony, Steve Fambro, and Michael Johnson
  • Minimum Investment: $210

Curtiss Motorcycle

Curtiss Motorcycle is a luxury motorcycle brand featuring an electric motorcycle model called The 1. The 1 has earned $2.7 million in preorders, and another 1,200 potential customers have expressed interest.

  • Valuation: $10.4 million
  • Platform: Dealmaker Securities
  • Founder: Matthew Chambers
  • Minimum Investment: $1,000.05

Airspace Experience Technologies

Airspace Experience Technologies develops sustainable aircraft that can transport people and cargo. It is also working on an air traffic management system and a battery-powered, ground-level robot that can tow aircraft. The company has received a letter of intent from the Department of Navy Future Air Mobility Command and memorandums of understanding from logistics and tourism companies.

  • Valuation: $80 million
  • Platform: Republic
  • Founder: Jon Rimanelli
  • Minimum Investment: $250

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