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.
Bizfluence, with a valuation of $13.7 million, is raising funds on StartEngine. It is a business-oriented social network, community, and platform focused on building real relationships. The end-to-end ecosystem helps entrepreneurs and professionals come together and transact real business with real people using all the tools and features required for day-to-day operations. Bizfluence prioritizes the needs of small businesses and their owners and is user-friendly, growth-focused, and intuitive. Jacob Davis founded Bizfluence in August 2020. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $84,000. The campaign proceeds will be used for growth and expansion.
Feather Fuels, with a valuation of $5 million, is raising funds on StartEngine. The company is focused on reversing climate change and making air travel more sustainable. The solutions of Feather Fuels pull carbon dioxide from the sky and recycle it into carbon-neutral jet fuel. Feather Fuels is creating synthetic aviation fuel, Feather, using air, water, and clean energy, and aims to disrupt the long-haul aviation industry. Ikaika Hussey founded Feather Fuels 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 to increase production and access greater market opportunities.
Throne Biotechnologies, with a valuation of $120 million, is raising funds on StartEngine. It is a biotechnology company that offers a practical cure for type 1 diabetes, alopecia arata, and other autoimmune diseases. Throne Biotechnologies uses its patented technology, Stem Cell Educator therapy, that re-educates the immune system back to health. The business is led by an experienced team and is close to the US FDA marketing approval. Yong Zhao founded Throne Biotechnologies in January 2011. The current crowdfunding campaign has a minimum target of $9,996.03 and a maximum target of $1,006,995.66. The campaign proceeds will be used for clinical trials and FDA approvals.
Data Gran, with a valuation of $27 million, is raising funds on Republic. The company has developed a platform that collects data, runs machine learning models, and automates workflows. The patent-pending platform lets companies build machine learning workflows fast, without engineering, and effortlessly moves the output between business apps. Data Gran has more than 3,000 customers, including Domino’s and Starbucks, and reported 27% revenue growth from the third quarter of 2021 to the fourth quarter of 2021. Carlos Mendez and Necati Demir founded Data Gran in February 2017. 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 improve the features and expand the user base.
Sienna Sauce, with a valuation of $7.5 million, is raising funds on Republic. The company makes tasty and healthy sauces and condiments that are low in salt and sugar and high in flavors. The guilt-free sauces of Sienna Sauce add rich flavors to pasta, rice, and other dishes and work as a great substitute for sugar- and salt-filled condiments. The products of Sienna Sauce include its signature Sweet & Tangy sauce, Lemon Pepper sauce, and Spice It Up! sauce. Monique Crayton founded Sienna Sauce in November 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used for staffing, marketing, and operational expenses.
Xiggit, with a valuation of $5 million, is raising funds on Republic. The company provides employers with a low-cost admin-free benefits platform for hourly workers and freelancers. The employees get to choose their benefits from the easy-to-use Xiggit app and take them with them when they change jobs. Xiggit has started its pilot program with five employers and is adding one employer per week. Heather Dawson and Carmela Abraham founded Xiggit in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used to develop the platform fully, add more benefits, and enhance the app.
CLICK, with a valuation of $20 million, is raising funds on SeedInvest. The company makes a high-tech mouth spray product for the new-age cannabis consumers. The CLICK spray has a patent-pending spray bottle and great tasting secret formula for the quick effect of vape and inconspicuousness of an edible. CLICK has penetrated more than 100 retail stores in California since its launch and has shipped more than 100,000 units in the first year of operations. Roie Edery, Aleksey Klempner, and Omri Casspi founded CLICK in March 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used for market expansion, sales and marketing, product and brand expansion, and key hires.
Hale Therapeutics, with a valuation of $15 million, is raising funds on SeedInvest. The company has developed a proprietary medical vaporizer and mobile app that helps smokers quit nicotine more easily. The dual-capsule solution of Hale Therapeutics is disrupting current nicotine replacement therapies and is designed to gradually wean people off of nicotine with minimum withdrawal symptoms. Josh Israel founded Hale Therapeutics in July 2018. 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 preclinical testing, clinical trials, and good manufacturing practice setup.
Good Beer Hunting is raising funds on SMBX. It is a business consulting company focused on the world of beer and brewing. The company has a strategic design studio, a global editorial team, and a podcast with 150,000 subscribers and 5,000 downloads per episode. Good Beer Hunting helps small and large breweries plan their portfolios, develop new brands and experiences, and connect with their audiences. Michael Paul Kiser founded Good Beer Hunting in February 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for hiring and working capital.
Local Culture is raising funds on SMBX. It is a certified organic ferment company focused on sustainability. The products of Local Culture include apple and hops ferment, beet and fennel ferment, juniper and sage ferment, golden beet and dill ferment, garlic, ginger, and chili ferment, and immune-boosting brine tonic. The company composts all of its kitchen scraps and never ferments or packages in plastic. Chris Frost-McKee, Cristina Africano, and Elissa Wolf-Blank founded Local Culture in February 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for working capital, tenement improvements, and equipment.
Ramper Innovations, with a valuation of $3.5 million, is raising funds on Wefunder. The company is working towards making the airline industry safer and has developed a loading solution that saves rampers’ backs and airlines’ money. The solution of Ramper Innovations is called TISABAS and is a compact and motorized folding conveyor system. TISABAS is affordable, portable, ergonomic, simple to run, versatile, and designed by a ramper for rampers. Tim Fulton founded Ramper Innovations in July 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for engineering and manufacturing, sales and marketing, and operations.
Revero, with a valuation of $30 million, is raising funds on Republic. The company has developed an app that provides AI-based nutritional therapy and treats and reverses autoimmune and other chronic diseases. The app helps users identify and eliminate the foods that contribute to the pathways of diseases and provides 24/7 in-app medical care. Revero has helped 79% of its users to eliminate or reduce all their medications in three months. Mahsa Rostami and Shawn Baker founded Revero in July 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 AI and app development, clinical trials, employer partnerships, and health plan partnerships.
Official App, with a valuation of $15 million, is raising funds on Republic. The app helps users become better partners and grow together instead of apart. The Official App helps couples address common relationship challenges and redefines what it means to date. Official App has 186,000 app store impressions and more than 100,000 downloads and has content partnerships with Simplenight, One Love, and Tiqets. Zac Stern founded Official App in August 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 technical development, partnerships, marketing, and salaries.
Franklin Brewing is raising funds on Honeycomb. It is a small craft brewery that caters to young and old craft beer enthusiasts and those looking to delve into the craft beer market. The business plans to open its first taproom with its unique style of beers and interesting events featuring art, food, music, and poetry. Franklin Brewing is an established brand and has crafted more than 20 recipes, including several popular seasonals. Aaron Schickel and Howard Ross founded Franklin Brewing in September 2009. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $150,000. The campaign proceeds will be used for renovations, fermentation tanks, fixtures and equipment, and working capital.
NEXTEL Mobile, with a valuation of $25 million, is raising funds on StartEngine. The company provides push-to-talk and cellular mobile solutions to fleet and dispatch customers and all wireless customers. The business works as a Mobile Virtual Network Operator (MVNO) and caters to numerous business enterprises. NEXTEL Mobile has partnered with Nextel Inc. to license its iconic intellectual property. Jeffrey Kaplan founded NEXTEL Mobile in October 2010. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,995. The campaign proceeds will be used for growth and expansion.
FaveKitchens, with a valuation of $18 million, is raising funds on StartEngine. It is a distributed restaurant platform helping local restaurants scale. The company provides cloud kitchens, technology, business operations, and delivery logistics to independent restaurants and empowers them to operate in a co-op model. FaveKitchens is working on a pandemic-proof business model to hybridize local restaurants and delivery services. Praveen Akula founded FaveKitchens in May 2019. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,998.04. The campaign proceeds will be used to enter into strategic partnerships and grow.
EPR-Technologies, with a valuation of $65 million, is raising funds on StartEngine. It is a biomedical company working on using emergency preservation and resuscitation to induce rapid profound hypothermia. The technology of EPR-Technologies will help to cool the body down and bring it to a stage in which no oxygen delivery is required for more than three hours. EPR-Technologies’ solution is currently the only FDA-approved clinical trial for rapid profound hypothermia. Lyn Yaffe and Xianren Wu founded EPR-Technologies in June 2006. 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 clinical trials, filing patents, and growth.
MindWise, with a valuation of $10 million, is raising funds on MicroVentures. The company is developing a threat detection software solution that will monitor the deep web for sensitive and personal information. The platform is in the MVP stage and currently supports a credit card detection scanning system that alerts institutions of sensitive information up for sale on the deep web. MindWise has already scanned more than 4 million credit cards and entered into a profit-sharing agreement with LoanClose. Tobin Shea and Nico Kokonas founded MindWise in July 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $450,000. The campaign proceeds will be used for salary payments, tech stack, marketing and sales, and legal and administrative expenses.
NearStar Fusion, with a valuation of $11 million, is raising funds on StartEngine. The company is working on developing a commercial fusion power plant design to create a limitless supply of clean energy for the planet. The physicists and engineers at NearStar Fusion are working on developing Hypervelocity Gradient Field Fusion as the less expensive approach to fusion by 2032. Dr. F. Douglas Witherspoon and Christopher J. Faranetta founded NearStar Fusion in April 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 building and testing the prototype and beginning the commercial production of the hypervelocity launcher.
Rixon Technology is raising funds on SMBX. The company empowers businesses with a proactive and customizable approach to data security. The solutions offered by Rixon Technology help businesses overcome the complexities of regulatory requirements and cyber attacks. The patented, cloud-native, and vaultless tokenization technology of Rixon transforms sensitive information into unusable characters and eliminates data breaches. David Johnson and Justin Hatcher founded Rixon Technology in February 2014. 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 digital marketing, brand awareness, and working capital.
Akttyva Therapeutics, with a valuation of $10 million, is testing the waters on Fundify. It is a biotechnology company working on developing a cure for Acute Respiratory Distress Syndrome (ARDS). ARDS is the common cause of death in pneumonia, flu, and COVID-19. By finding the cure for ARDS, Akttyva Therapeutics aims to convert COVID-19 to the common cold. The first product of Akttyva Therapeutics, AKT-001, is in human safety Phase 1 trial and is patent protected. Katya Tsaioun and Lana Gladstein founded Akttyva Therapeutics 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 clinical trials.
Altwork, with a valuation of $25 million, is raising funds on Republic. The company makes ergonomic workstations aimed to provide comfort and increase productivity. The Signature Series of Altwork workstations is gravity-defying and prioritizes movement and connection. Altwork has generated $9 million in lifetime revenues with a 50% to 80% profit margin per unit. Che Voigt and John Speicher founded Altwork in December 2010. 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 growth and expansion.
HEVO, with a valuation of $50 million, is raising funds on Republic. The company has developed wireless EV charging technology to meet universal safety and performance standards. HEVO is building the global wireless charging standard for EVs to make EV charging simple and universal with its universally adaptable chargers integrated with the EV transportation app. HEVO has done successful pilots with major auto and energy companies and has a robust IP portfolio. Jeremy McCool founded HEVO in November 2011. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $2,000,000. The campaign proceeds will be used to launch the Journey app, recruit new personnel, engage two to five auto OEMs, engage in two to five fleet projects, and relocate to new facilities.
Sonatafy Technology, with a valuation of $30 million, is raising funds on Wefunder. The company helps businesses in nearshoring by matching them with top talent to complement their existing IT teams. The platform provides companies with talented developers and engineers and accelerates their software development efforts. Sonatafy Technology has more than $22 million in customer pipeline and expects to generate top-line revenue of $3.6 million for 2021. Steve Taplin and David Turner founded Sonatafy Technology in August 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, technology, operating and growth capital, and debt repayment.
xCraft Enterprises, with a valuation of $48.9 million, is raising funds on StartEngine. The company designs and manufactures unmanned aerial systems for military and enterprise markets. The patented technologies of xCraft Enterprises are taking the drone industry to new heights, bringing improved safety and quality of life. xCraft Enterprises is backed by all five celebrity Shark Tank investors and has been featured in Techcrunch, Fortune, Business Insider, and MarketWatch. JD Claridge and Charles Manning founded xCraft Enterprises in 2017. The current crowdfunding campaign has a minimum target of $9,993.60 and a maximum target of $4,999,996.80. The campaign proceeds will be used for marketing, technology, and expansion.
Epoch Financial Group, with a valuation of $18 million, is raising funds on Republic. The company is educating and empowering mortgage borrowers and rethinking the way consumers prepare and apply for a mortgage. The app provides educational resources and logic tailored to each borrower and lets the consumers chat with trusted mortgage advisors. Epoch Financial Group built its proprietary commission software in 2021 and funded 917 loans at $274 million in 2021. Evan Wade founded Epoch Financial Group in October 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for product development, hiring, and launching additional revenue channels.
nVIAsoft, with a valuation of $93.6 million, is raising funds on PicMii. The company is developing a multimodal contactless hand biometric technology called Verihand. The technology will use AI with a proprietary algorithm and machine learning to bring security into users’ hands. nVIAsoft’s unique patent addresses the limitations of other biometric authentication processes and makes databases virtually unhackable. Bernard D. Garcia founded nVIAsoft in March 2014. 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 operations and research and development.
COR, with a valuation of $60 million, is raising funds on Wefunder. The company has developed an at-home infrared spectrometer that will allow people to discover what food and fitness practices have the highest impact on them. The spectrometer can be paired with COR’s data analytics machine based on tens of millions of data points. COR enables people to receive in-depth and personalized feedback on their lifestyle design. Bob Messerschmidt founded COR in January 2014. 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, digital marketing, and product development.
NPCx, with a valuation of $7 million, is raising funds on Republic. The company has developed its proprietary AI technology that can be used to make video games and film NPCs more lifelike. The technology of NPCx can train neural networks that animate character movements frame by frame in real-time and increase the volume and quality of 3D animation. NPCx received immediate traction with $228,000 in first year revenues and expects to generate $20.7 million in revenues by year five. Cameron Madani, Michael Puscar, and Alberto Menache founded NPCx in June 2021. 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 hiring additional data scientists and programmers and building new products.
Rule G Brewing is raising funds on MainVest. It is an upcoming microbrewery and taproom in Parkland, FL, launching at an excellent location with an efficient business plan. The brewery will offer railroad-themed decor, light snacks, board games, live music, and craft beer. Rule G Brewing will be the only microbrewery in Parkland and will present a unique environment for its clients. Ralph E. Rapa and Veronica Villa founded Rule G Brewing in February 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $75,000. The campaign proceeds will be used to finish the buildout of the location.
CopperSmith, with a valuation of $25 million, is raising funds on Republic. The company has developed a technology-driven platform that provides convenient access to metalworkers across the US and around the world. The platform connects consumers with the ideal solution for their custom metalwork requirements. CopperSmith has generated more than $30 million in orders with more than 10,000 successful retail transactions. Ryan M. Grambart, Nick Wurm, Brandon Jorgensen, and Ben Goldstein founded CopperSmith in March 2021. 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 launch a new website, add new manufacturing partners, and make acquisitions.
Platform, with a valuation of $25 million, is raising funds on Small Change. The company has developed an innovative construction technology and integrated system solution to disrupt the delivery of building platforms. The aim of Platform’s solution is to reduce the cost and increase the speed of a building’s construction. Platform handles site assessment, permitting, site preparation, and platform construction. Adrian Washington founded Platform in December 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.
H2 Energy Group, with a valuation of $25 million, is raising funds on Castle Placement. The company plans to construct a renewable hydrogen production facility and install five hydrogen refueling stations along the I-5 highway. The business will use its scalable and modular technology to convert renewable woody biomass into low-cost hydrogen-rich synthesis gas. Christopher Headrick founded H2 Energy Group in May 2020. The current crowdfunding campaign has a minimum target of $25,005 and a maximum target of $5,000,000. The campaign proceeds will be used for salaries, growth, and expansion.
The3rdBevco is raising funds on Dalmore Group through Regulation A crowdfunding. It is a beverage company that intends to offer a diverse portfolio of beverages, including energy drinks, CBD-infused drinks, and non-alcoholic spirits. The flagship beverages of The3rdBevco include ProsecGo, LAID, Chill’d, and Psilli. The3rdBevco is led by an experienced team and is bringing a variety of functional beverages to the expanding beverages industry. Pete Scalise founded The3rdBevco 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 hiring, patent and trademark filings, digital marketing campaigns, product research and development, and other expenses.
WiGL, with a valuation of $147 million, is raising funds on StartEngine through Regulation A crowdfunding. It is a wireless power company bringing new technologies developed for the Department of Defense to improve the value proposition of other goods and services. People will be able to ditch cords and wires and use WiGL’s network to power their devices. WiGL works on a fully patented technology and is led by a team of strong founders with experience in the Air Force, MIT, and BAE Systems. Dr. Ahmad Glover founded WiGL in February 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $20,000,000. The campaign proceeds will be used for research and development, working capital needs, marketing, and employment-related needs.
