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.
NettBar Shady Acres is raising funds on NextSeed. The business functions as a family entertainment venue and plans to open a second location. The current location of NettBar already brings the community together and serves as a place for fun and socialization. The new location will have more outdoor space, a fenced area for family-friendly activities, a dedicated kitchen, and a beverage program with an extensive whiskey selection. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $400,000. The campaign proceeds will be used to set up and launch the new location.
K-9 Power Products, with a valuation of $15 million, is raising funds on StartEngine. The company makes high-quality dog supplements for a higher quality of life. The human-grade supplements of K-9 Power Products are made of real ingredients, increase the digestion, and provide next-level nutrition to dogs. K-9 Power Products added 10,000 new retail customers in 2020 and generated $1.3 million in sales. The current crowdfunding campaign has a minimum target of $9,997.50 and a maximum target of $1,069,996. The campaign proceeds will be used to get the supplements to more dogs around the world and grow the product line.
Xenolith Vault, with a valuation of $12.5 million, is raising funds on Wefunder. The company has developed a hyper-secure digital privacy vault for high-net-worth individuals. The vault will serve as a private data storage solution and protect the private and sensitive information of individuals from prying eyes. Xenolith Vault works on its proprietary Detached Cloud technology that works over the INTRANET. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,000,000. The campaign proceeds will be used for software and implementation, website development, digital advertising spend, and management payroll.
Marek Landscaping is raising funds on Honeycomb. The company designs and builds ecological landscapes with a focus on monitoring, research, and stewardship. The team at Marek Landscaping includes designers, scientists, and contractors who bring out the highest performance of ecological systems. Marek Landscaping has already generated 19 original specifications for the Wisconsin DOT, and the company forecasts that its gross revenue will triple to $3 million within the next three years. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used as a down payment on a construction loan for the company’s new base of operations.
Mod Tech Labs, with a valuation of $9 million, is raising funds on Wefunder. It is a digital media company that is digitizing the world with 3D. The all-in-one automated platform of Mod Tech Labs uses AI to change photos and videos to 3D objects and impossible worlds into reality. Mod Tech Labs has more than 1,600 daily active users and has been used to create more than 350,000 assets. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $999,999. The campaign proceeds will be used for salaries, marketing, website development, sales hires, conferences, and travel.
LifeBridge 10000, with a valuation of $25 million, is raising funds on Wefunder. The company has developed a device that extends the benefits of Tumor Treating Fields (TTF) therapy to patients with metastatic cancer. The therapy helps transform metastatic cancer from a terminal prognosis to a manageable disease. LifeBridge 10000 has two patents in the US and is capable of helping more than 500,000 cancer patients with its therapy. The current crowdfunding campaign has a minimum target of $51,000 and a maximum target of $250,000. The campaign proceeds will be used for the FDA-required animal study, advancing documentation toward the investigational device exemption, and additional patent filings.
CryptoShare, with a valuation of $8 million, is raising funds on Wefunder. The financial technology company has developed a peer-to-peer ATM crypto lending platform for underserved communities across the world. The platform allows users to lend and borrow crypto or fiat currency, with all transactions being wallet to wallet. CryptoShare has been accepted into Morrison and Foerster Black Venture Accelerator and Google for Startups Program. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $106,000. The campaign proceeds will be used for capital investments, marketing, research and development, and general administration costs.
Voi, with a valuation of $30 million, is raising funds on Wefunder. The company has developed an AI-augmented platform that detects imminent suicide risk and attempts to prevent it. The empirically validated solutions offered by Voi address the needs of those at the risk of suicide. Voi is 98% accurate in detecting suicide risk and is already executing contracts with USAF, National Guard units, and VA DOC. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000. The campaign proceeds will be used to complete the federal cloud computing certification process, hire VP Technology, make royalty payments, and complete one state cloud computing process.
Pure Grind Fitness and Performance
Pure Grind Fitness and Performance is raising funds on MainVest. The business provides fitness services through its mobile training. The fitness program of Pure Grind Fitness and Performance focuses on the mental, emotional, and spiritual wellbeing of its clients. Pure Grind Fitness and Performance helps athletes excel during their fitness journey and plans to open a brick-and-mortar location. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $40,000. The campaign proceeds will be used for purchasing new equipment, operating capital, and supporting low-income families who want to exercise.
Helix Power Corporation, with a valuation of $10 million, is raising funds on SeedInvest. The company designs and builds products that fill the gap between energy supply and demand. The first product of Helix, a patented one MW flywheel system, provides short-term energy storage solutions. Helix Power Corporation has received multiple grant awards and is in the process of creating its first prototype. The commercialization of the flywheel system is planned for the fourth quarter of 2023. 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 hardware procurement and assembly, R&D labor, operations and salaries, and transaction and admin costs.
Alex’s Awesome Sourdough is raising funds on MainVest. It is a natural foods brand highlighting the nourishing and wholesome qualities of sourdough. The sourdough of Alex’s Awesome Sourdough is made using wild cultures, is low in glycemic index, and easily digestible. Alex’s Awesome Sourdough has generated $3 million in year-to-date revenue and expects to see 230% revenue growth. The current crowdfunding campaign has a minimum target of $225,000 and a maximum target of $250,000. The campaign proceeds will be used to expand from 3,500 to 7,000 retail locations for selling its frozen pizza made of naturally fermented sourdough.
CabinetM, with a valuation of $10 million, is raising funds on Wefunder. It is a marketing company that helps people manage technology discovery, implementation, performance, spends, and strategy. The software-as-a-service platform helps companies improve marketing performance, increase efficiency, and reduce costs. CabinetM has generated $387,000 in revenue from customers, including Tyler Technologies, WGU, MLB, and Capita. 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 marketing, sales, engineering, infrastructure, and G&A expenses.
Marinas Cafe Chicago is raising funds on MainVest. The Puerto Rican cafe operates as a ghost kitchen and plans to open its first brick-and-mortar location soon. The restaurant provides catering, a Puerto Rican cuisine dinner menu with new items every month, and Latin fusion drinks. Marinas Cafe Chicago aims to bring Latino family tradition’s unique recipes to people and bring them closer. 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 buildout of the physical location and operating capital.
Jelli, with a valuation of $8 million, is raising funds on Republic. The company has developed an integrated banking app that offers real-time budgeting, updates, notifications, and cashback rewards. The app manages budgeting by segmenting users’ money and assigning their purchases, connects people by allowing them to share their JelliJARS with others, and helps them get JelliCASH rewards. Jelli has a social media reach of more than 500,000 influencers and partnerships and targets to reach more than five million users over the next five years. 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.
Curastory, with a valuation of $9 million, is raising funds on Republic. It is the first marketplace that is connecting video content to media buyers. The Curastory platform allows creators to monetize their video content by uploading their video content on the platform and generating a listing for media buyers to browse and place a bid on. Curastory generated $85,000 in gross revenue over three months from February to May 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $379,437. The campaign proceeds will be used to build new features and a mobile app and scale the team to service more than 3,000 users.
Alchemy Springs is raising funds on Small Change. The company aims to restore and transform the historic Sutro Baths building in San Francisco to build a hydrothermal bathhouse and spa. The project is designed by architect Olle Lundberg and will include steam saunas, cold plunges, moon baths, and outdoor sunbaths. Alchemy Springs is close to many tourist attractions and is targeted to open in the fall of 2024. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,000,000. The campaign proceeds will be used to get the project to shovel-ready status and get the plans and permits approved.
Expert DOJO, with a valuation of $32 million, is raising funds on Wefunder. The company has created a fund that invests in startups and allows the public to get the ownership stake in thousands of companies. The fund is making investing in small-cap companies accessible for everyone. Expert DOJO has already invested in more than 100 companies over the past three years and intends to make 80 investments in 2021. 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 to cover expansion and cash flow, train the next cohort, and hire more people.
DJ’s Cast Iron Burgers is raising funds on MainVest. The food stand in Gainesville, Florida, sells burgers, fries, and beverages. The menu is simple and focused on quality, sourcing, and creating a memorable experience. The business works through one-to-two popups per week and plans to expand to a food trailer and grow operations. 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 operating capital, expansion, and increasing popups to five per week.
NUOVO, with a valuation of $10 million, is raising funds on Republic. The company is capitalizing on the massive trend towards remote work by offering a flexible living and travel solution. The business partners with building owners and offers long-term and short-term revenue share agreements to tenants. NUOVO generated more than $5.5 million in gross revenue in 2019 and expects to reach $100 million in gross revenue by 2024. 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 global expansion and becoming a household name.
Burger Boys is raising funds on MainVest. The business sells burgers, fries, chicken items, sides, and desserts through its location with drive-through and outdoor seating. The company uses fresh ingredients and keeps overheads low to ensure low prices. Burger Boys’ sales grew by 40% through the pandemic, and it plans to open a second location. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used to open the second location in Knoxville, Tennessee.
Cycle Phones, with a valuation of $3.65 million, is raising funds on Wefunder. The company is making the world’s first phone that gets cheaper, faster, and more powerful with time. The company uses a dedicated server to run the phone instead of a tiny processor, thus making it better with time. Cycle Phones has the first-mover advantage and a strong environmental mission. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $800,000. The campaign proceeds will be used to develop a mobile app to demonstrate the MVP, pay salaries, cover server costs, and pay legal costs.
Bobbie, with a valuation of $85 million, is raising funds on Republic. The company manufactures organic, European-style infant formula in the US. The organic infant formula is raising the bar for formula in order to reduce the stigma around formula feeding. Bobbie generated more than $1 million in revenue within four months of launching and works on a direct-to-consumer subscription model. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $245,098. The campaign proceeds will be used for research and development, growth, and expansion.
Harmony Turbines, with a valuation of $12 million, is raising funds on Wefunder. The company makes safe and affordable wind turbines. These turbines can be used at home to reduce or eliminate electric bills. Harmony Turbines has a patented technology capable of generating better returns on investment than the competitor models. The turbines are low-cost, easy to maintain, with little to no noise. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $349,000. The campaign proceeds will be used for marketing, purchasing needed material for the one kW prototype, fabricating and assembling the prototype, simulations, and testing and rating the prototype.
Novart Digital, with a valuation of $4.75 million, is raising funds on Netcapital. It is an artificial intelligence development company that uses AI to develop apps. The company makes AI-enabled apps for those interested in fortune-telling, gaming, and sports betting. The business model is based on subscriptions, in-app purchases, and display ads. Novart Digital currently owns four apps and has four more in development. 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 digital and influencer marketing, app development, rent, insurance, audit/accounting, salaries, and utility expenses.
Jetoptera, with a valuation of $125 million, is raising funds on Wefunder. The company has multiple unique patents, including its fluidic propulsive system, which can be combined to create a simpler, faster, quieter, and more compact aircraft. The unique propulsion system of Jetoptera is engineered for short and vertical takeoff and landing applications. Jetoptera has been awarded 42 patents and has five contracts awarded from the US Air Force and US Army. The current crowdfunding campaign has a minimum target of $50,004 and a maximum target of $4,999,999. The campaign proceeds will be used for marketing, legal expenses, and general corporate purposes.
Vitamin Energy, with a valuation of $50 million, is raising funds on StartEngine. The company makes health-conscious energy shots that combine vitamins with natural caffeine for a boost of energy. The Vitamin Energy shots are sugar-free, carb-free, and packed with vitamins. Vitamin Energy reported a 276% year-over-year growth in sales in 2020, with more than 20,000 stores committed to placing orders. 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 expand in Mexico, Australia, Canada, and beyond in 2022.
