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.
Hempitecture, with a valuation of $22.5 million, is raising funds on Wefunder. The company is building a US manufacturing facility for HempWool insulation. HempWool is a sustainable insulation product that’s not toxic or bad 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 $1,000,000 and a maximum target of $5,000,000. The campaign proceeds will be used to ensure full commissioning of the manufacturing line and begin aggressive marketing.
EvonSys, with a valuation of $20 million, is raising funds on Wefunder. The company uses its low-code platforms to digitize and automate enterprise businesses. EvonSys helps in creating a happy customer experience with its subject matter expertise, innovative solutions, and quality-conscious digital transformation implementation strategies. The company reported 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 $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for hiring sales employees, expanding sales infrastructure, and expanding marketing infrastructure.
GroGuru, with a valuation of $14.7 million, is raising funds on Wefunder. The company is helping farmers by using sustainable ways to increase crop yield and reduce the consumption of water and other resources. GroGuru implements strategic irrigation management and uses soil sensors to measure soil salinity, temperature, and moisture. GroGuru has patented technology and has deployed more than 2,000 sensors across more than 80 customers in the US. Patrick Henry, Farooq Anjum, and Jeff Campbell founded GroGuru in June 2014. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4,044,909. The campaign proceeds will be used for marketing, product development, and general and administrative expenses.
Kapalya, with a valuation of $15 million, is raising funds on StartEngine. The company helps organizations to detect, prevent, and remediate ransomware in real-time using AI and machine learning. The technology encrypts files and folders both at rest and in transit and enables end-to-end encrypted file sharing. Kapalya has won a grant from the National Science Foundation and is entitled to be the sole seller to federal, state, and local governments. Sudesh Kumar founded Kapalya in April 2015. 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 start customer trials with the second-generation product.
Legal Equalizer, with a valuation of $6 million, is raising funds on Wefunder. The company has developed an app that makes encounters with law enforcement safer for everybody. The app provides a mobile platform to protect, educate, and connect users with legal assistance in real-time. Legal Equalizer has had more than 350,000 downloads and has 215,000 registered users. Mbye Njie founded Legal Equalizer in October 2015. 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 product development and marketing.
Global Cancer Technology, with a valuation of $26.6 million, is raising funds on Netcapital. The company has acquired multiple patented technologies currently being tested as a novel treatment for deadly diseases. The technology is presently focused on detecting and treating brain cancer and includes scintillating nanoparticles, cancer biomarkers, and cancer inhibitors. Global Cancer Technology is working with world-renowned scientists of the Barrow Neurological Institute, Baylor Scott & White Hospital, and University of California San Diego. John P. Clark founded Global Cancer Technology in May 2017. 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 research and development, university scientific consulting, and general and administrative costs.
Tamarack Aerospace Group, with a valuation of $136 million, is raising funds on StartEngine. The company has created its groundbreaking SMARTWING technology to revolutionize the aviation industry. The technology helps in maximizing flight, increasing aircraft efficiency, and decreasing carbon dioxide emissions. Tamarack Aerospace Group’s SMARTWING technology has already been implemented in 150 CitationJets and is undergoing testing for military and civilian use. Nick Guida founded Tamarack Aerospace Group in June 2010. The current crowdfunding campaign has a minimum target of $9,998.51 and a maximum target of $4,999,999.24. The campaign proceeds will be used for growth and expansion.
Intellivision, with a valuation of $30.1 million, is raising funds on StartEngine. The company has developed a family-friendly video game entertainment platform that gathers families together. The Amico device is a gaming console in pre-production and contains premium games for all ages and skill levels. Amico aims to combine innovative video game technology with the accessibility of board games. Phil Adam and Tommy Tallarico founded Intellivision in July 2018. The current crowdfunding campaign has a minimum target of $9,999.36 and a maximum target of $4,999,999.68. The campaign proceeds will be used for product development and marketing.
V Soul is raising funds on Honeycomb. It is a soul food restaurant located in Winder, GA. The restaurant offers delicious soul food in a family-friendly environment. The offerings of V Soul include Turkey Wings, Oxtails, Fried Chicken, Catfish, Collard Greens, Cabbage, and Cornbread. V Soul already has a loyal customer base and won the ‘Best in Georgia’ award after only five months of operations. Shay Reed and Derrick Ussery founded V Soul in May 2021. 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 purchasing new equipment.
ZEUS Motor, with a valuation of $206 million, is raising funds on Wefunder. The company makes extraordinarily efficient electric motors that are smaller, more robust, and less expensive compared to other commercial motors. The technology is fully developed, patented, independently tested, and manufacture-ready. Thomas Hollis Hopkins founded ZEUS Motor in August 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used for rent, salaries, sundry expenses, R&D, and industrial motor rollout.
The Maine Market is raising funds on MainVest. It is an upcoming marketplace in Bangor, ME, offering local and imported specialty items. The offerings of The Maine Market will include fresh baked goods, street foods, vegan foods, international cuisines, specialty markets, a coffee bar, and catering. The Maine Market is designed to attract locals and visitors who seek to support local family-owned businesses. Bethany Marie Gregory founded The Maine Market in April 2019. 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 secure and remodel the location in Bangor, Maine.
QuickLoadz, with a valuation of $12 million, is raising funds on Republic. The company makes smartphone-controlled robotic trailers for faster, safer, and easier shipping. The hardware consists of Wi-Fi-enabled and computer-controlled trailers that drivers operate using their smartphones and can load or unload 60,000 pounds of merchandise in less than three minutes. QuickLoadz solves final-mile distribution problems faced by companies like Amazon. Sean Jones and Bridget Liar founded QuickLoadz in April 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to scale production and add sales and marketing staff.
Cria Hair, with a valuation of $4 million, is raising funds on Republic. The company makes ingredient and science-based hair care products that provide solutions for hair fall, thinning hair, and itchy scalp. The 100% organic solution of Cria Hair is a topical elixir made using four organic ingredients. Cria Hair has been the recipient of three consecutive State Trade Expansion grants and has $1 million export orders for 2022-24. Dr. Shubhra Sharma and Siddharth Sharma founded Cria Hair in January 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for advertising and setting up a production facility.
Arboretum Trail Brewing Company
Arboretum Trail Brewing Company is raising funds on Honeycomb. The production-only brewery is located in Pittsburgh, PA, and produces beer that is sold throughout Pittsburgh in cans and kegs. The beer of Arboretum Trail Brewing Company is focused on hop-forward styles and has a wide range of diversity. Arboretum Trail Brewing Company has done several festivals and plans to open a taproom for its brewery. Dan Schultz and Ben Steffen founded Arboretum Trail Brewing Company in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used for building improvements, taproom upgrades, and purchasing couch brewing assets and the Gosling canning line.
necoTECH, with a valuation of $25 million, is raising funds on Wefunder. The company creates sustainable infrastructure using recycled waste materials. The products of necoTECH include RMV Crack Sealing Robot (live in the market), Recycled Polymer Modified Asphalt (in late R&D phase), Hot-Patch-On-Demand (in final R&D stages), and NecoCrete (in mid R&D phase). necoTECH products are proven in military applications and have been awarded six Air Force contracts. Steve Flaherty founded necoTECH in September 2019. 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 further R&D of technologies, hiring and operations, marketing, and other expenses.
QuantmRE, with a valuation of $10 million, is raising funds on Republic. The real estate finance platform allows homeowners to access their home equity and get cash from it without any interest, monthly payments, or added debt. QuantmRE originates and funds a Home Equity Agreement, which is an equity-based solution and not a reverse mortgage, loan, or line of credit. Matthew Sullivan and Dave Sterlitz founded QuantmRE in December 2017. 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 further R&D of technologies, hiring and operations, marketing, and other expenses.
Spoonful, with a valuation of $11 million, is raising funds on Wefunder. The company has developed an app that helps people with special dietary needs navigate grocery stores and restaurants. The users get to specify their allergies and dietary restrictions, scan labels and instantly find products that match their diet. Spoonful is led by a team of leading dieticians, MDs, and clinical nutritionists and has had 80,000 app installs. Deepa Krishnan founded Spoonful in March 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 product development, marketing, customer support, and operational costs.
Grow Space Orange is raising funds on Rialto Markets. The company is based in Massachusetts and provides turnkey greenhouse solutions to licensed cannabis cultivators. The solutions of Grow Space Orange help cultivators in maximizing production and minimizing operating costs. Grow Space Orange works on a hybrid REIT-cultivation model and generates REIT-like returns for investors. Robert Wolf founded Grow Space Orange in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used for permissions, acquisitions, site development, engineering, and construction.
Dirty Lettuce is testing the waters on SMBX. It is a fully vegan restaurant in Portland, OR, that serves seitan-based meat with a bunch of secret spices. The business started as a food truck and currently has a brick-and-mortar location. Dirty Lettuce plans to sell its prepared and frozen foods with local grocery stores and currently sells its Cornbread Mix at Food Fight and Cutie Buys. Alkebulan Moroski founded Dirty Lettuce in January 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $80,000. The campaign proceeds will be used for equipment, advertising, and working capital.
Morty’s Bark and Brew is testing the waters on Silicon Prairie Online. It is an innovative indoor and outdoor dog park with a dog playground. The park allows dog owners to spend quality time with their dogs and friends regardless of the weather. Morty’s Bark and Brew also offers locally brewed beer, seasonal microbrews, food, holistic dog education, and dog treats. Air Gustafson founded Morty’s Bark and Brew in May 2020. The current crowdfunding campaign has a minimum and maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.
Voosh Technologies, with a valuation of $19 million, is raising funds on StartEngine. The company uses its patented technology to optimize the performance settings of PCs to unlock their maximum performance capacity. The cloud-based app of Voosh Technologies evaluates the computers automatically every few hours and adjusts their settings for high-level performance. Voosh Technologies works on a recurring revenue model and plans to grow its revenue exponentially. Kevin Cornell founded Voosh Technologies in January 2019. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $999,999.78. The campaign proceeds will be used for adding new features and launching new products.
Rellevate, with a valuation of $13.5 million, is raising funds on SeedInvest. The company has developed a digital banking platform that enables employers to make everyday payday. The platform gives employees a digital bank account with earned wage access making 50% of the earned wages available between pay periods. Rellevate has signed contracts with 17 employers representing more than 12,000 employees and has signed a distribution and lead generation agreement with Blue Coast. Stewart Stockdale founded Rellevate in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for business development, client onboarding, account management, and product and technology.
Return Home, with a valuation of $20 million, is raising funds on StartEngine. The company offers an end-of-life service that transforms the human body into soil after death. The business uses a proprietary process called Terramation as an innovative and environmentally-positive alternative to traditional death care. Return Home opened its first Terramation facility in June 2021 and plans to expand worldwide. Micah Truman founded Return Home in February 2020. The current crowdfunding campaign has a minimum target of $9,998.37 and a maximum target of $1,069,998.30. The campaign proceeds will be used to build more facilities across the country.
Daily Blends Co is raising funds on Honeycomb. It is a juice bar that serves health juices to people in Greenburg, PA. It is the only juice truck in the downtown area and sources fresh fruits and vegetables to make its healthy juices. Daily Blends Co aims to offer products that nourish, relax, replenish, rejuvenate, and detox the bodies and minds. Gabrielle Vanounou and Jenna Giallonardo founded Daily Blends Co in June 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for equipment, electricity, plumbing, ceiling, truck, generator, exterior wrap, and labor.
Lil Mama’s is raising funds on MainVest. It is a spunky and hip hoagy shop in Chattanooga, TN, with 90s nostalgia and a modern vibe. The sandwiches are made using high-quality ingredients, and customers are busy taking photos or bobbing their heads to their favorite 90s music while waiting for their food. Lil Mama’s has a following of more than 7,600 on Instagram and Facebook and has a loyal customer base. Tiffany Paulson-Banks founded Lil Mama’s in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $40,000. The campaign proceeds will be used for operating capital.
Irrigreen, with a valuation of $23 million, is raising funds on Dalmore Group. The company has developed a revolutionary water sprinkler system that helps save 50% more water than traditional systems. The Digital Sprinkler Head of Irrigreen spreads water according to the shape of the landscaping, eliminating waste. Irrigreen’s technology is IP-protected with six granted patents. The company has reported more than 300 installations since its product launch. Shane Dyer founded Irrigreen in 2011. The current crowdfunding campaign has a minimum target of $80,000 and a maximum target of $4,300,000. The campaign proceeds will be used to grow the product line and expand into commercial landscaping.
Cloud Dentistry, with a valuation of $23 million, is raising funds on SeedInvest. It is an on-demand marketplace that connects dental offices and practices with professionals seeking temporary or permanent, part-time or full-time work. The platform also empowers end-users to schedule on-demand work assignments. Cloud Dentistry has reported 153% average annual revenue growth since its launch in 2016 and reported more than 2,800 bookings per month in 2021. Roberto Tepichin III founded Cloud Dentistry in February 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, sales, product, customer success, and operations.
Creci, with a valuation of $2 million, is raising funds independently through Regulation A crowdfunding. It is a financial technology company that aims to empower social impact small businesses across the country. It is building an online platform with online tools that allow social impact companies to identify, measure, and report their impact to attract funding. Creci won at the 2019 Innovate Finance Global Summit in London and was selected as one of the top three fintech startups in Village Capital’s Finance Forward Latin America 2020 Accelerator. Andres Idarraga and Pravin Rodrigues founded Creci in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $70,000,000. The campaign proceeds will be used for lending and general corporate purposes.
Elegance Brands is raising funds independently through Regulation A crowdfunding. It is a global beverage company with a focus on hemp and CBD-based energy drinks and premium and luxury spirits. The brands under Elegance Brands include Gorilla Hemp Energy Drink, VOCO RTD Cocktails, Sway Energy Drink, Bittertales Aromatic Bitters, and Elegance Vodka. Amit Raj Beri founded Elegance Brands in October 2017. The current crowdfunding campaign has no minimum target and a maximum target of $50,000,000. The campaign proceeds will be used for marketing, consulting, travel, utilities, hiring quality control staff, product development, rent and warehousing, and working capital.
Miso Robotics, with a valuation of $500 million, is raising funds on Dalmore Group through Regulation A crowdfunding. The company has developed an AI-enabled robot, Flippy, that functions as a kitchen assistant. Flippy, the robotic chef, cooks food along with other chefs in commercial kitchens and makes the process more efficient and consistent. The company has also designed Flippy 2 Wings as the robotic chicken wing frying solution. Buck Jordan, Ryan Sinnet, Rob Anderson, and John Miller founded Miso Robotics in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $40,000,000. The campaign proceeds will be used for product development, personnel, debt repayment, and general overhead expenses.
