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.
CUBO Beverages, with a valuation of $12.3 million, is raising funds on Wefunder. The company has created a juicer for making smoothies and juices at the push of a button. The device is touch-controlled with no exposed blades, and it self-cleans. CUBO’s pods are recyclable and developed by Chef Olivier Rousselle. The business is currently selling to other businesses for its phase one and plans to sell to consumers in phase two. Nicolas Blatt founded CUBO Beverages in May 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,069,999. The campaign proceeds will be used for sales and marketing, machine improvement and production, research and development, production of new product lines, and administrative and professional services.
Blockchain Laboratories, with a valuation of $10 million, is raising funds on Netcapital. It is a web3 venture studio developing impactful decentralized finance (DeFi) applications and environmental, social, and governance digital assets. The business aims to bring real-world use cases of blockchain and distributed ledger technology to the market. Blockchain Laboratories is working on decentralized applications, DeFi, and protocols in the voluntary carbon, real estate, forest conservation, and advertising markets. Boone Bergsma founded Blockchain Laboratories in April 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, team payroll, accounting and administrative expenses, intellectual property, and legal expenses.
PDX Biotech, with a valuation of $3.21 million, is raising funds on StartEngine. The company has developed a rapid test to detect periodontal disease in cats and dogs. The test, OraStripdx, is sold to veterinary teams and used to detect the bacteria that causes periodontal disease within 10 seconds. The use of OraStripdx does not require anesthesia or sedation and provides visual evidence to support veterinary team recommendations. PDX Biotech has already sold more than 100,000 tests to customers in the US, Europe, Asia, and South America. David McClure and Tony Burgess-Cassler founded PDX Biotech in December 2019. 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 working capital and marketing.
UcarMobile, with a valuation of $6.5 million, is raising funds on Silicon Prairie Online. The company has developed a software-as-a-service (SaaS) platform that connects consumers to reliable automotive service technicians. The platform lets the technicians concentrate on fixing cars while the company handles advertising, customer support, parts, and back-office reports. UcarMobile launched its beta version in early 2021 and the full platform in June 2022. It is currently serving 36 cities with five marketplace partners. UcarMobile has also generated $80,000 in revenue. Tony Belgameh and Al Vigil founded UcarMobile in October 2016. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $249,000. The campaign proceeds will be used for product, development, customer care, marketing, management expenses, and working capital.
GROUNDFLOOR, with a valuation of $243.4 million, is raising funds on Wefunder. The platform allows everyone to build wealth through real-estate lending. The GROUNDFLOOR platform originates and underwrites loans for residential real estate projects. The loans are then converted into limited recourse obligations that individual investors can invest in. GROUNDFLOOR has more than 200,000 registered users and reported $14.1 million in revenue in 2021. Brian Dally and Nick Bhargava founded GROUNDFLOOR in January 2013. The current crowdfunding campaign has a minimum target of $50,002 and a maximum target of $4,999,991. The campaign proceeds will be used for customer acquisition, product development, and hiring.
QuickClass, with a valuation of $87.9 million, is raising funds on Wefunder. The company has developed a private labeled training portal and course platform that includes required courses, study skill courses, and life skills courses. QuickClass is offered to schools at a low-cost through a sponsorship advertising revenue program. The company’s license agreement costs $250 per year for a five-year exclusive agreement. Michael Miramontes founded QuickClass in June 2000. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,069,999. The campaign proceeds will be used for sales and marketing, product and content development, working capital, capital expenditures, and professional fees.
Active Safety System Technologies
Active Safety System Technologies, with a valuation of $6 million, is raising funds on Wefunder. The company develops technology that protects American soldiers and citizens from improvised explosive devices (IEDs) and electric vertical take-off and landing eVTOL crashes. The company’s main products include an armored vehicle protection system for counteracting mine and IED explosions and a safety ecosystem for eVTOL aircraft that combines parachutes and retro-rockets for a safe and soft landing. Roger Sloman founded Active Safety System Technologies in November 2021. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $250,000. The campaign proceeds will be used for marketing and general corporate purposes.
Nickelytics, with a valuation of $10 million, is raising funds on Republic. The company deals in outdoor advertising and makes simple out-of-home advertising solutions for the modern world. Nickelytics’ technology makes outdoor advertising trackable, easy, and scalable. It reported year-to-date revenue of $628,700 in 2022 with 59% year-over-year growth and has been featured in Forbes, TechCrunch, and Smart Cities Dive. Judah Longgrear and Sven Hermann founded Nickelytics in September 2018. 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 technology and product development, operations, and sales and marketing.
20/20 GeneSystems, with a valuation of $58.4 million, is raising funds on StartEngine. It is a diagnostics company with a successful track record in cancer detection, thanks to its artificial-intelligence-powered multi-cancer blood test, OneTest. The company has also launched CoronaCheck, its FDA-authorized antibody lab test for COVID-19 antibodies. The business reported revenues of $9 million in 2021, a 300% increase compared to 2020 revenues. Jonathan Cohen founded 20/20 GeneSystems in 2000. The current crowdfunding campaign has a minimum target of $9,995.40 and a maximum target of $4,999,995. The campaign proceeds will be used for marketing, research and development, hiring, operations, and working capital.
Venture on 12th Place is raising funds on Small Change. The company is planning to purchase a 30-unit residential apartment building in Phoenix, Arizona. The property has six buildings separated by a courtyard and consists of 16 two-bedroom and one-bathroom units, two one-bedroom and one-bathroom units, four two-bedroom and 1.5-bathroom units, and eight two-bedroom and one-bathroom units. Venture on 12th Place is managed by Neighborhood Management and was founded in June 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for the acquisition and management of the property.
Floorly, with a valuation of $6 million, is raising funds on Wefunder. The company has developed a platform that helps local brands lease commercial spaces for their business. The platform enables the local brands to select their choice of shopping malls, discover vacant spaces, analyze terms and competition, submit online applications, and manage the leased space. Floorly turns out to be efficient for both shopping mall owners and tenants. The platform has more than 20,000 commercial properties in more than 3,000 cities. Alex Kot founded Floorly in January 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 product development, business development, sales, and administrative expenses.
Farm to Flame Energy, with a valuation of $10.5 million, is raising funds on Wefunder. The company has developed a patented combustion process that uses biomass waste to make electricity. The process is used in smokeless and odorless generators to provide electricity for commercial buildings. Farm to Flame Energy has signed a letter with Georgia-Pacific, which produces 10% of US woody biomass electricity, and has signed a contract to deploy a commercial unit to Think and Grow Farms Greenhouse in New Jersey. Kwaku Jyamfi and Stefano Alva founded Farm to Flame Energy in June 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $400,000. The campaign proceeds will be used for equipment, labor, and general administrative expenses.
MetaMorph Jewelry Studio is raising funds on Honeycomb. It is a jewelry manufacturing business where the owner manages every facet of the business, from product development to fabrication and sales. The company primarily produces handcrafted metalwork jewelry fabricated from raw materials like bronze, 925 sterling silver, and 14-karat gold. The focus of the business is trendiness, heirloom quality, eco-friendliness, and versatility. Sarah Daigneault founded MetaMorph Jewelry Studio in April 2015. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $60,000. The campaign proceeds will be used for equipment, inventory, professional services, working capital, and opening a second location.
Heroic Public Benefit Corporation
Heroic Public Benefit Corporation, with a valuation of $100 million, is raising funds on Wefunder. It has partnered with MetaLab and acquired Optimize to create a world-class social training platform. The company aims to offer a wisdom membership and coach training program through its Optimize Core membership program and Optimize Coach program. Optimize’s input will be used to develop the Heroic training platform. Brian Johnson founded Heroic Public Benefit Corporation in November 2020. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $5,000,000. The campaign proceeds will be used for product development, engineering, customer experience and support, and general and administrative expenses.
Uncle’s Ice Cream, with a valuation of $12.9 million, is raising funds on StartEngine. The company makes premium craft ice cream sandwiches in tropical and traditional flavors. The business has always prioritized quality, taste, convenience, and variety and has become Hawaii’s favorite ice cream novelty. Uncle’s Ice Cream plans to expand to more states and will soon sell its products in Whole Foods stores across major cities, including Phoenix, Las Vegas, and Los Angeles. Paul D. Logan and Barbara J. Logan founded Uncle’s Ice Cream in August 2017. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,999.10. The campaign proceeds will be used for marketing, working capital, distribution, and expansion to neighboring Hawaiian islands.
ArkHAUS, with a valuation of $20 million, is raising funds on Wefunder. The company is launching a lifestyle club on the water in Miami and cities worldwide. The membership club will be a combination of hospitality and real estate, and it will be built on four solar-electric houseboats to let members meet, relax, and entertain. ArkHAUS has already sold four “Forever Memberships” non-fungible tokens at 8.5 ethereum ($27,753 at the time) each. The business is projected to be fully sold out by the first quarter of 2023. Sam Payrovi and Nathalie Paiva founded ArkHAUS in November 2021. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $4,679,434. The campaign proceeds will be used for pre-launch operations, Miami vessel and other deposits, marketing, furnishings and equipment, and contingency.
Taproom 120 is raising funds on Honeycomb. It is an upcoming brewery in Gilbert, Arizona. The bar is retro-pop-culture themed and will serve craft beer, wine, mead, seltzer, and a few non-alcoholic options. The retro theme nods to popular movies and TV shows from the ’80s and ’90s. Taproom 120 will also have a gaming section with classic pinball machines and retro arcade games. Matt Poltash founded Taproom 120 in July 2019. 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 staffing, exterior signage, tables, chairs, and barstools, and ceiling and bathroom remodeling.
I Am Not Satoshi by White Paper Films
I Am Not Satoshi by White Paper Films is raising funds on Republic. It is a documentary film about the mysterious creator of Bitcoin, Satoshi Nakamoto. The film is a window into the history, mythology, and disappearance of Satoshi. The film is under production and is being produced, directed, and written by Christopher Cannucciari. Christopher Cannucciari founded White Paper Films in May 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $600,000. The campaign proceeds will be used for publicity, research, hiring, and general working capital.
California Cowboy, with a valuation of $6.06 million, is raising funds on StartEngine. It is a direct-to-consumer brand that uses its social and technical design approach to make vibrant apparel. The technical clothes are suitable for improving athletic performance and enhancing post-game camaraderie. Drew Clark founded California Cowboy in September 2015. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $999,999.02. The campaign proceeds will be used for marketing, hiring, and research and development.
BisonEV Retrofits, with a valuation of $213.4 million, is raising funds on Castle Placement. The company has developed an internal combustion engine retrofitting technology that makes fossil fuel vehicles exhaust-emissions-free. BisonEV Retrofits’ targets include school buses, last-mile delivery vans, and ridesharing vehicles that are significant polluters but are committed to transition toward electrification. BisonEV Retrofits is already in strategic partnerships and alliances with many companies and aims to grow and expand soon. Erasmus Johannes Venter founded BisonEV Retrofits in July 2021. 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 general and administrative expenses, capital, inventory, and equipment.
ThermaSat, with a valuation of $10 million, is raising funds on Netcapital. The company has developed a propulsion system that uses photonic crystals and sunlight to heat water for satellite propulsion in space. ThermaSat aims to become an effective, reliable, and safe solution for space propulsion. It is expected to lead to increased lifetime, debris avoidance, and faster deployment. ThermaSat has pending patents and received several awards and grants. Troy Howe founded ThermaSat in July 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 launch coordination, software licenses, engineering subcontract support, component costs, and more.
Asaak, with a valuation of $50 million, is raising funds on Republic. The company is focused on unlocking financial services for Africans through asset-backed loans. It has created an end-to-end lending marketplace where Africans access financial services and investors invest directly in loans. Asaak has disbursed more than 6,000 loans with an on-time payment collection rate of 95%. The company became profitable in the fourth quarter of 2020 and reported 76% profits in 2021. Kaivan Sattar founded Asaak in 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 research and development, marketing, sales, miscellaneous expenses, and expansion into new markets, including Kenya.
FouRy, with a valuation of $12.1 million, is raising funds on StartEngine. The company has developed a spray technology that creates its own propulsion and economizes on fluid or powder usage. The technology is low power and minimizes environmentally harmful drift and overspray. The Spray Triode Atomizer uses Charge-Injected Precision Spraying (ChIPS) for superior performance at a competitive cost. Arnold Kelly and Robert Allen Gore founded fouRy in February 2016. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,996.95. The campaign proceeds will be used for working capital, marketing, paying employees, hiring, inventory, product launch, and operating costs.
HUBHOUZE, with a valuation of $2.5 million, is raising funds on Wefunder. The company has developed a SaaS and e-commerce platform with collections of bathroom designs segregated by style and budget. HUBHOUZE’s all-inclusive bathroom packages also connect users to a nationwide community of vetted and independent builders to carry out the installations. The users can shop exclusive individual products or pick a whole new bathroom from the designed collection. Danielle Queiroz founded HUBHOUZE in February 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for user experience and user interface development, a custom Shopify store, graphic design, content and copywriting, marketing, and contingency.
TraxMethod is raising funds on SMBX. The company provides strategic planning services that help organizations and individuals achieve success. TraxMethod’s customized and affordable training solutions allow employees to reach their fullest potential and enable clients to get the best out of their employees. Dr. Albert P. DuPont founded TraxMethod in March 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $50,000. The campaign proceeds will be used for research and development, marketing, and working capital.
Shepherd Park Children’s Academy
Shepherd Park Children’s Academy is raising funds on SMBX. The business provides high-quality child care services in Washington, DC. It caters to children of all abilities, enabling them to learn about diversity and remain engaged in a nurturing, thriving atmosphere. Shepherd Park Children’s Academy specially caters to children between the ages of 18 months and five years and those who have been diagnosed with autism spectrum disorder. Kimberly Clarke founded Shepherd Park Children’s Academy in June 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $225,000. The campaign proceeds will be used for supplies, rent, construction, and working capital.
MetaMedia, with a valuation of $48.8 million, is raising funds on StartEngine. The company is introducing blockchain into storytelling and teaching its users how to implement blockchain to change a graphic novel into a TV or film series. MetaMedia will be the first experience combining storytelling with blockchain. It has already partnered with Comic Republic, Microsoft, Ebony, and Unanimous Games. Dele Atanda founded metaMedia in August 2018. The current crowdfunding campaign has a minimum target of $9,992.67 and a maximum target of $4,746,732.57. The campaign proceeds will be used for marketing, operations, hiring, working capital, inventory, and product development.
LIVSN Designs, with a valuation of $7.18 million, is raising funds on Wefunder. The company makes versatile outdoor apparel that performs well and looks good. The clothes are also environmentally friendly and ethically made. LIVSN Designs sells at more than 75 independent retailers and two major e-commerce sites. It generated more than $1 million in revenue in 2021. Andrew Gibbs-Dabney founded LIVSN Designs in January 2019. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $499,999. The campaign proceeds will be used for marketing, inventory, salaries, and working capital.
Garage ADUs is raising funds on Small Change. The company converts garages into affordable and efficient workforce housing units. Its mission is to increase workforce rental housing and homeowners’ income as well as provide multi-generational living at a low cost. Garage ADUs has constructed a studio conversion in San Jose, CA, and a second one-bedroom in Burlingame, CA is under construction. The business has construction approvals in hand and has launched several incentive programs. Rebecca Miller founded Garage ADUs in January 2020. 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 staffing, professional fees, and marketing.
Above & Beyond Studios, with a valuation of $13.6 million, is raising funds on Netcapital. The company has developed a media and e-commerce suite, Freedom, that inspires people to support small, local, and black-owned businesses. Freedom is designed to give savings and entertainment to users in the form of shopping, couponing, and gaming while supporting local businesses. Above & Beyond Studios has had more than 1,350 downloads for the Freedom app, and its Freedom TV+ is currently on Roku TV and Amazon Fire TV. Steffan Jackson and Aman Stuppard founded Above & Beyond Studios in November 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $498,234. The campaign proceeds will be used for employees, product development, office space, and legal counsel.
BidaFi, with a valuation of $5 million, is raising funds on Netcapital. The company has developed a proprietary platform that will allow homeowners to get real bids in real-time from contractors and finalize a deal with transparency and confidentiality. BidaFi aims to reduce the time taken for the home improvement bid process from weeks or days to minutes. Tim Thornton and Ken Rhinehart founded BidaFi in August 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for hiring, marketing, website building, and compensation for managers.
Autocase, with a valuation of $20 million, is raising funds on StartEngine. The company has developed software that uses economic analysis to create more sustainable, cost-effective, and resilient buildings. The software automates the default standard for valuing building projects and their returns. Autocase has partnered with Autodesk to showcase the valuation of sustainable building designs and has analyzed more than 5,000 projects worth more than $100 billion. John Williams founded Autocase in 2014. The current crowdfunding campaign has a minimum target of $9,995.18 and a maximum target of $1,999,991.88. The campaign proceeds will be used for the commercial launch of the second product, Carbonsight, and integration with Autodesk products.
Atlis Motor Vehicles, with a valuation of $1.9 billion, is raising funds on Rialto Markets through Regulation A crowdfunding. The company is designing the Atlis XT electric pickup truck. With its plug-in battery, the electric truck can operate without the burden of gas prices. Atlis Motor Vehicles aims to make vehicle ownership affordable, hassle-free, and efficient through its holistic approach. The company is revolutionizing battery technology with the world’s first AMV Cube Cell. Mark Hanchett founded Atlis Motor Vehicles in November 2016. The current crowdfunding campaign has a maximum target of $34,000,010. The campaign proceeds will be used for product research and development, facilities, equipment, salaries, and other general expenses.
Bear Village is raising funds through Regulation A crowdfunding with Dalmore Group as the broker dealer. The company is developing two family destination resorts. The resorts are eco-friendly and will be themed around wildlife habitats, mountain ecosystems, and the waterfront. Eric Collins and Ricardo Haynes founded Bear Village in 2020. The current crowdfunding campaign has a maximum target of $50,000,000. The campaign proceeds will be used for land and building improvements, working capital, and development period overhead expenses.
