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.
The Wine RayZyn Company, with a $20 million valuation, is raising funds on Wefunder. The company has invented a new category of antioxidant-rich dried fruit made from wine grapes. These new superfood fruits are called Wine RayZyns. The Wine RayZyn Company hand harvests premium California Cabernet, Chardonnay, and Merlot wine grapes. Instead of using the grapes to make wine, the grape clusters are put through a patent-pending drying process to create Wine RayZyns. The company was founded by cardiologist Christopher Cates and Andrew Cates. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $1,070,000. The proceeds will be used to accelerate sales with the hiring of two positions, web-based sales and marketing campaign, funding of inventory buildout, research and development and to protect Intellectual Properties (IP).
Telebionix, with an $8 million valuation, is raising funds on Wefunder. The company’s objective is to develop smart medical devices that are simple, effective, and life-saving while providing health tracking technologies. The product is at the prototype stage and ready for mass production. It is a simple-to-use device that allows efficient and effective home care. The company was founded by Widy Medina and Aghiath Chbib. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $1,070,000. The proceeds will be used for FDA compliance and related efforts, further app and communication software development, operations, and sales and marketing.
LeanMed, with an $5 million valuation, is raising funds on Wefunder. The company is taking medical products that are used in US/EU homes, over-the-counter devices or discontinued product lines to innovate and re-purpose them for life in rural health centers. The O2 Cube is the first example of this. It is a solar-powered micro oxygen product that has just been recognized by the WHO as a 2021 Innovative Health Technology for Low Resource Settings as it uses solar energy to power refurbished oxygen concentrators and compressors that bring medical oxygen. The company was founded by Mark Adkins. The current round of crowdfunding has a minimum raise of $160,000 and a maximum raise of $250,000. The proceeds will be used for engineering, build, shipment and installation, and marketing support services.
Unlocked Reality, with a valuation of $4.8 million, is raising funds on Netcapital. The company is a virtual reality hardware accessories company focused on solving problems that headsets, treadmills, slidemills, and hand trackers can’t solve. Unlocked Reality’s platform aims to transform locomotion in a virtual environment. The company was founded by Akash Bellippady in 2020. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $600,000. The campaign proceeds will primarily be used for hiring of employees, research and development, and marketing.
Carmen TV Pilot, with a valuation of $4.2 million, is raising funds on Netcapital. After Eden Pictures and Carmen TV produce TV and film content in house with the mission to positively impact and transform culture through media. The pilot is a 90 minute episode as the first episode of the series The Atonement of Carmen Lizardo. Carmen is a minority female-led, true bilingual and multicultural TV streaming show. Jaco Booyens is the CEO and producer and Philipa Booyens is the writer and CCO. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,050,000.
Online Stores Inc., with a pre-money valuation of $42 million, is raising crowdfunding on StartEngine. The company is a retailer and manufacturer based in New Stanton, PA that sells a variety of niche items from English tea to LED lighting. Online Stores mission is to provide a one-stop hub for small companies to grow their sales and sell their merchandise, without having to invest in their own warehouse or website. Online Stores websites get a combined 15 million visits a year and serve 500,000 customers annually. The company was founded in 2001 by husband-and-wife duo, Kevin and Lisa Hickey. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $5,000,000. The campaign proceeds will be used for inventory, working capital, acquisitions, and operations.
Scinovia, with a pre-money valuation of $89.3 million, is raising crowdfunding on StartEngine. The company’s mission is to produce state-of-the-art diagnostics to help doctors make more data-driven decisions during procedures. Scinovia developed VUFLOW, the future of non-contact imaging diagnostics for blood flow during surgery. The company was founded in 2014 by Jim Sund. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $1,070,000. The campaign proceeds will be used for marketing, additional hiring, inventory, and working capital.
National Energy Improvement Fund
National Energy Improvement Fund is raising funds on Raise Green. The company offers loans to people of all income levels to reduce carbon emissions and energy costs. The loans are used for heating, cooling, roofing, insulation, and other energy and resilience measures. National Energy Improvement Fund has already financed more than 5,000 energy and resilience projects. It is led by an experienced team of energy financing innovators responsible for more than $800 million in financing. Peter J. Krajsa and Matthew H. Brown founded National Energy Improvement Fund in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2,000,000. The campaign proceeds will be used for program expansion, technology, marketing and program development, pilot portfolio loan programs, and financing.
CGB Green Liberty Notes is raising funds on Raise Green. The company is a part of Connecticut Green Bank and aims to accelerate green energy adoption in Connecticut. It focuses on supporting small businesses that are advancing energy efficiency and helps them in reducing their energy costs. The company has mobilized more than $2 billion of investments into the clean energy economy of Connecticut. Bryan Garcia founded CGB Green Liberty Notes in October 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for the growth of the green economy in Connecticut.
Lucky Buns is raising funds on SMBX. The food joint is present at four locations in Washington, DC, and serves delicious burgers. The burgers of Lucky Buns are hand-formed, seasoned to order, and cooked to perfection. Additionally, the pickles, sauces, and spreads are also made in-house in small batches using locally-sourced ingredients. Lucky Buns is ranked among the top burger destinations in Washington, DC, and has received praise from Eater, Thrillist, and more. Alex McCoy and Marc Dosik founded Lucky Buns in September 2019. 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 the buildout of a new location on the waterfront across the Wharf in DC.
Amor Umbrella is raising funds on SMBX. The company makes a full line of merchandise for US Veteran and military people. The merchandise includes apparel, clothing accessories, and its unique umbrellas. The umbrellas of Amor Umbrella are heart-shaped, come in shades of red, pink, and white, and remind veterans that their friends and family are always present with them to provide rest, shade, and protection. Niurka Castaneda founded Amor Umbrella in February 2018. The current crowdfunding campaign has a minimum target of $5,000 and a maximum target of $25,000. The campaign proceeds will be used for inventory and working capital.
Boomerang Bike, with a valuation of $15.8 million, is raising funds on StartEngine. The company has developed a GPS bike security system that uses Internet of Things technology to prevent bike theft. The Boomerang CycloTrac is a bike alarm and GPS tracker that attaches to the bike and runs on cloud-based software through an app. Boomerang Bike is in the pre-ramp stage and generated revenue of $192,000 in 2020. Kevin Fahrner founded Boomerang Bike in July 2013. The current crowdfunding campaign has a minimum target of $9,999.99 and a maximum target of $1,069,999.59. The campaign proceeds will be used for growth and expansion.
Navisyo, with a valuation of $25 million, is raising funds on Wefunder. The online platform is committed to uniting world travelers and connecting travelers across the world with boat owners to provide authentic, affordable, and safe travel experiences. The three revenue streams of Navisyo will include Floatel stays, Voyage opportunities, and Event spaces. Navisyo will charge minimal services fees, between 12% to 18%, for its boat offers. It expects to reach gross annual revenue of $1 million in the first year. Alexander Michaels founded Navisyo in April 2020. The current crowdfunding campaign has a minimum target of $100,001 and a maximum target of $2,499,999. The campaign proceeds will be used for marketing, salaries, development of new business segments, IT improvement, and completion of the mobile version.
Sauce City is raising funds on Honeycomb. The company makes super fresh and super spicy mambo sauce with a twist. It currently sells classic and super-spicy mambo sauces and two bloody mary mixes. The sauces of Sauce City are spicy, sweet, and tangy and go well on just about anything. Sauce City has been profitable in 2021 and has been featured in the Washington City Paper and the Columbia Heights Insider. Branden Givand founded Sauce City in August 2019. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $100,000. The campaign proceeds will be used for product testing, FDA certifications, digital marketing, warehousing, co-packing, rebranding, and packaging.
Kato Sake Works is raising funds on MainVest. The business brews local sake, bridges cultures, and reshapes the sake experience. The current brewery of Kato Sake Works produces about 800 bottles of sake per month and sells to in-store customers and wholesale accounts. Kato Sake Works has garnered 5-star customer reviews as well as excellent reviews on Google and Yelp. Shinobu Kato founded Kato Sake Works in March 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used to expand into new production space.
Manaia Collective is raising funds on MainVest. It is a wine bar and restaurant in Kansas City, Missouri, and is known for being welcoming, progressive, energetic, and vibrant. The bar and restaurant is exploring unique ingredients and techniques and creating experiences for its guests. The business also aims to offer a good quality of life, including living wages, healthcare, and work/life balance for its employees. Howard Hanna founded Manaia Collective in May 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used to open two new restaurants.
Carbonic is raising funds on Silicon Prairie Online. The biomass handling company is focused on converting pork manure carbon into High-Density Polyethylene (HDPE). HDPE is an industrial plastic and is used to make grocery bags, milk jugs, playground equipment, and medical devices. Carbonic addresses the concerns of human-caused carbon dioxide being released into the atmosphere and is helping the meat processing industry too. Lyno Sullivan founded Carbonic in February 2020. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, growth, and expansion.
Speakeasy Donuts is raising funds on MainVest. It is a pop-up donut shop based in Salem, MA. The business sells delicious donuts to local breweries, cider houses, and distilleries and makes special deliveries with custom orders. It also offers catering services for weddings, engagements, birthdays, block parties, and anniversaries. Speakeasy Donuts makes special letter donuts, spooky donuts, holiday donuts, and character donuts. Wren Werner founded Speakeasy Donuts in May 2017. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $150,000. The campaign proceeds will be used to purchase equipment and open a location.
The Worthy Company, with a valuation of $5.5 million, is raising funds on Wefunder. The company is reinventing plant-based foods by harnessing the power of plants. The Worthy Bowls of The Worthy Company offer high fiber, protein, essential amino acids, Omega 3s and 6s, antioxidants, vitamins, and minerals. The Worthy Company is mission-driven and building an award-winning product. Sarah Renahan and Nydia Shipman founded The Worthy Company in 2015. 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, sales support, scaling of operations, and R&D.
Yocal, with a valuation of $10 million, is raising funds on Wefunder. The company brings local businesses together to compete with the marketing strategies of their corporate and franchise competitors. The single platform of Yocal brings powerful and proven marketing tools and tactics that can be implemented at scale across entire cities. Yocal launched its movement marketing machine campaign in 68 cities in the first year of operations and has been featured on different news stations in seven different cities. David Loveland and Robert L. Johnson founded Yocal in September 2020. 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, R&D, hiring, and operations support.
DriveMind, with a valuation of $8 million, is raising funds on Wefunder. The company is developing robotic delivery vehicles for last-mile package delivery. The autonomous vehicles of DriveMind, with locked compartments and proprietary technology, will bridge the technology gaps and revolutionize package delivery. DriveMind is led by an experienced team and was accepted into NewChip and NVIDIA’s startup accelerator programs. Howard Stark founded DriveMind in January 2021. 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 for prototype hardware, hiring engineers, patent acquisition, and marketing.
The WMarketplace, with a valuation of $10.5 million, is raising funds on Wefunder. The company has developed a platform that supports the growth of women-owned businesses. The platform functions as the economic engine for women, offers marketing services to women-owned businesses, and helps customers find many products and services in one e-commerce location. The WMarketplace has four revenue streams and has earned revenue from the first day of site launch. Kate Isler and Susan Gates founded The WMarketplace in November 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,500,000. The campaign proceeds will be used for partnership development, program development, marketing, and operations.
Culineer, with a valuation of $4 million, is raising funds on Wefunder. The company has developed a community-based marketing platform that helps customers find locally-sourced food from farmers. The platform connects home cooks and consumers with local farmers and builds a community around the farmers. Culineer is led by an experienced team and has multiple revenue streams, including farm subscriptions, premium upgrades, advertising, and affiliate sales. Jodi Frank founded Culineer in October 2017. 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 marketing, product development, and operations.
Signature Athletics, with a valuation of $15.4 million, is raising funds on StartEngine. The company makes and sells sports gear, including lacrosse balls, nets, and uniforms. Signature Athletics makes the gear in record turnaround time and offers the best product mix. Signature Athletics has achieved more than $10 million in lifetime sales, with an average of 74% year-over-year growth. Daniel Soviero founded Signature Athletics in 2016. The current crowdfunding campaign has a minimum target of $9,991.65 and a maximum target of $492,853.66. The campaign proceeds will be used to expand sports marketing into field hockey, soccer, and basketball.
Bond Containers, with a valuation of $28.5 million, is raising funds on StartEngine. The company makes self-sustainable container homes across the US. The container homes of Bond Containers are stylish, affordable, innovative, and eco-friendly and come with off-grid backup systems. Bond Containers has more than 700 pre-orders from developers, dealers, and first-time home buyers and has the goal to produce 30 to 40 homes per month. Tamika Shari Bond founded Bond Containers in January 2021. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $999,999. The campaign proceeds will be used to lease a new facility to build homes at a faster rate.
Peer Support Solutions, with a valuation of $6.11 million, is raising funds on StartEngine. The company provides a platform for people to assist and empower them to conquer their emotional and behavioral healthcare challenges. The platform offers video-based online peer support solutions for people with chronic illnesses, rare diseases, and emotional and behavioral challenges. Peer Support Solutions is led by an experienced team and reported revenue growth of 244% in 2020. Vincent F. Caimano and Joshua Roberto founded Peer Support Solutions in July 2015. 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 acquire more clients, improve margins, and grow.
The Tale of Nicky Newark is raising funds on Wefunder. The indie film is a dark and gritty comedy and explores the questions we all have. The Tale of Nicky Newark is led by an experienced team of directors, producers, and distributors and has already secured a letter of intent for distribution. The film is written by David LaRosa and Janine Laino LaRosa, produced by Kate A. McGrath and Mark LaRosa, and directed by David LaRosa. The current crowdfunding campaign has a minimum target of $260,000 and a maximum target of $500,000. The campaign proceeds will be used for production, post-production, marketing, and distribution.
Aro Lucha Animation & Entertainment
Aro Lucha Animation & Entertainment, with a valuation of $3.15 million, is raising funds on Wefunder. The animation and entertainment studio is passionate about ethical, kids, and family entertainment and is focused on the Hispanic and Latino communities. The animation partner of Aro Lucha Animation & Entertainment, Pencilish Animation Studios, is made of a strong team with former Disney, Sony, and Warner Brothers animators. Ron Harris founded Aro Lucha Animation & Entertainment in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $535,000. The campaign proceeds will be used for marketing and working capital.
Chewy’s Bagels is raising funds on MainVest. It is an upcoming bakery in Richmond, VA, that will offer a variety of traditionally made and hand-rolled sourdough bagels. The business has a wholesale program of selling bagels to coffee shops and local grocers and aims to sell delicious breakfast and lunch sandwiches in its brick-and-mortar location. Ashley Cricchio founded Chewy’s Bagels in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $35,000. The campaign proceeds will be used for space buildout, equipment, and working capital.
Golden Moon Distillery, with a valuation of $9 million, is raising funds on Wefunder. The distillery makes premium handcrafted artisan whiskies and spirits using the finest ingredients. The business uses traditional artisan production processes to produce premium products. Golden Moon Distillery has been in operation for more than 13 years and grew to $1.04 million in revenue in 2019. Stephen Gould founded Golden Moon Distillery in January 2012. 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, sales programming, digital marketing, and improving bottling capacity.
EvStructure, with a valuation of $26.8 million, is testing the waters on Fundify. The company offers end-to-end electric vehicle charging infrastructure across the country. The business plans, designs, builds, commissions, networks, and services electric vehicle infrastructure. EvStructure has more than $13 million of signed installation contracts to date and has installed more than 70,000 electric vehicle charging projects in public and private sectors. Andrew D’Alfonso and Todd Ritter founded EvStructure in January 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
Future Cardia, with a valuation of $20 million, is raising funds on StartEngine through Regulation A crowdfunding. It is a medical technology startup manufacturing a heart failure cardiac monitor. The monitor is a small device that uses remote monitoring technology and artificial intelligence to gather comprehensive cardiac data. Future Cardia is one of the companies selected by Johnson & Johnson Innovation to join its global network to create life-saving wellness solutions. Jae Bang founded Future Cardia in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $8,000,000. The campaign proceeds will be used for research and development, FDA submissions, patent protection, product testing, and working capital.
ClearLight Biotechnologies is raising funds independently through Regulation A crowdfunding. It is a life sciences tools company that provides tissue processing, imaging, and image analysis services to pharmaceutical and biotechnology companies. The company uses its CLARITY technology that helps clear thick animal and human tissue so the tissue samples can be imaged in three dimensions. ClearLight Biotechnologies is an emerging growth company and generated $32,000 in gross revenue in 2020. Karl Deisseroth founded ClearLight Biotechnologies in 2014. The current crowdfunding campaign has no minimum target and a maximum target of $240,000. The campaign proceeds will be used for research and development and working capital.
