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.
DC Brau Brewing is raising funds on SMBX. The brewery is based in Washington, DC, and crafts award-winning beer using North American and European brewing techniques. It prides itself in its local connections and identity and brings people together with extraordinary beer and a warm atmosphere. DC Brau Brewing has grown from a modest 6,600 square foot space to the current 48,500 square foot modern facility and plans to expand further. Brandon Skall and Jeff Hancock founded DC Brau Brewing in October 2009. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $2,000,000. The campaign proceeds will be used to refinance business loans and long-term debt.
Maketto is raising funds on SMBX. It is a communal marketplace that combines retail, cafe, restaurant, and bar experiences. The marketplace is based in Washington, DC, and features a minimal and modern attitude. Maketto is the place where people can enjoy coffee and pastry, a nice dinner, shopping, and a great selection of wines, all in one place. Erik Bruner-Yang founded Maketto in June 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used to build an outdoor courtyard for the restaurant.
Pink Panda Finance, with a valuation of $10 million, is raising funds on Netcapital. The company has developed a blockchain-powered app that makes crypto trading accessible, easy, and socially impactful. The ecosystem of Pink Panda Finance includes its own cryptocurrency, a digital wallet, token swap, and a decentralized trading exchange. Pink Panda Finance has reported more than 5,200 downloads of the beta version of its app in three months. Patrick Adam Carlton founded Pink Panda Finance 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 mobile application and exchange development, sales, marketing, and promotion, and administrative and general expenses.
Drink LMNT, with a valuation of $60 million, is raising funds on Republic. The company makes hydration drinks using sugar-free electrolytes. The products of Drink LMNT are science-backed, high on salt, and low on sugar to provide adequate functional and hydration benefits. Drink LMNT has been profitable since year one and generated more than $25 million in revenue in the past twelve months. James Murphy and Robb Wolf founded Drink LMNT in December 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $750,000. The campaign proceeds will be used for growth and expansion.
Monkey Wrench Brewing is raising funds on Honeycomb. The production microbrewery in Georgia offers a taproom and beer garden and excels in craft beer. The brewers at Monkey Wrench Brewing combine award-winning homebrew recipes with their professional experience to create premium quality beers. Monkey Wrench Brewing has identified a loyal customer base in Suwanee and is one of the city’s only two breweries. Wayne Baxter and Joe Dreher founded Monkey Wrench Brewing in September 2011. 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 the distillery system, a second bar in the warehouse, event space buildout, and additional operating capital.
5th Element Brewing is raising funds on MainVest. It is a craft nano-brewery located in Leander, Texas. The brewery aims to house its production facilities and brewpub in a historic building in old town Leander to retain the old flavor of the town. 5th Element Brewing is focused on good beer, good people, and good life and plans to craft beers such as Red Horn, Humble Pint, Oasis, Whitestone, and Bluebonnet. Michael Brune and Kimberly DeStefano founded 5th Element Brewing in April 2017. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $60,000. The campaign proceeds will be used to complete renovations, upgrade electrical power, and have working capital.
Prewrite, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a SaaS app for architecting great stories and improving existing ones. The Prewrite software helps people tell better stories and helps screenwriters cut through the noise and grow faster. Prewrite had more than 6,000 signups, 400 monthly users, and 120 subscribers in the first year and has reported a 20% month-over-month growth. Samuel Pro, Trent Anderson, and David Rogers founded Prewrite in October 2020. 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 feature development and marketing and advertising.
Lolaark Vision, with a valuation of $19.1 million, is raising funds on StartEngine. The software technology company is developing software for live stream visibility restoration. The system will help drivers or vehicles’ automated systems to recognize potential risks during times of poor visibility. Lolaark Vision aims to address visual clarity and precision for safe and economical operations of camera-based AI systems. Emanuel Papadakis founded Lolaark Vision 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 to advance the prototypes into software components.
ViscoSoft Group, with a valuation of $50 million, is raising funds on StartEngine. The company aims to provide high-end bedding products to people for better sleep, ultimate comfort, and unmatched value. The products of ViscoSoft Group are made after extensive research into the effect of sleep on mental health and quality of life. ViscoSoft Group reported revenues of $30 million in 2020, a growth of 700% compared to the previous year. Gabriel Dungan, Rick Wo, and Matthieu Witkowski founded ViscoSoft Group in April 2021. The current crowdfunding campaign has a minimum target of $9,811.36 and a maximum target of $1,069,815.60. The campaign proceeds will be used to scale operations and launch new products.
Exovolar Industries, with a valuation of $8.8 million, is raising funds on StartEngine. The company is developing a hands-free personal air mobility system. The system will allow humans to explore the sky without requiring their hands, providing for additional utility and safety. Exovolar Industries aims to revolutionize personal air mobility in the military and entertainment and make flying as simple as walking. Guanhao Wu, Ton Duong, and Andrea Giannini founded Exovolar Industries in August 2019. The current crowdfunding campaign has a minimum target of $9,995.04 and a maximum target of $1,069,992. The campaign proceeds will be used for growth and expansion.
DropKey, with a valuation of $11 million, is raising funds on Wefunder. The SaaS company has developed the world’s best-selling portable content creation ecosystem, MediaBook. The system and DropKey, the Be Anywhere app, helps amateurs to create professional background replacements at homes or offices and promote their business. DropKey costs $599 and generated over 800 orders and organic MRR during its beta launch. Rockwell Scharer founded DropKey in September 2016. 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, developing platforms, completing new product prototypes, and hiring a full-time team.
Pocket Properties, with a valuation of $15 million, is raising funds on Wefunder. The company has developed an app that allows investors to buy, sell, or trade fractional shares of real estate. The solution is democratizing real estate investing and making it more accessible, low-cost, and revolutionary. Pocket Properties is powered by blockchain technology and is on pace to launch its alpha in the fall of 2021. Chris Rumper founded Pocket Properties in June 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 marketing, product development, and operational expenses.
Hercules Mulligan, with a valuation of $9 million, is raising funds on StartEngine. The company makes ready-to-drink cocktails using Caribbean Rum, American Rye Whiskey, fresh organic ginger, and bitters. The cocktail brings the craft cocktail bar experience home and has been co-developed by Flaviar. Hercules Mulligan has sold more than 12,000 bottles with a repurchase rate of 22%. Steve Luttman founded Hercules Mulligan in August 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $750,000. The campaign proceeds will be used to develop product innovations to add to the portfolio.
Viroment Equity, with a valuation of $100 million, is raising funds on Wefunder. The company builds and leases technologically advanced agricultural facilities to the world’s top pork producers. The barns made by Viroment are fitted with odor-eliminating manure filtration technology, which also creates high-value dry fertilizer in the process. Viroment expects each project to create 42 farm-to-table jobs and produce more than $4 million of protein per year. Paul Koenig founded Viroment Equity in October 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $3,940,398. The campaign proceeds will be used for marketing, equipment, land acquisition, and legal and accounting costs.
HUGS, with a valuation of $8.5 million, is raising funds on Wefunder. The company is solving the housing problems of international students with its hassle-free housing solutions. International students can create an account on the HUGS website, upload their documents, and calculate a HUGS score. They can then browse through the offerings and get secure housing for themselves. HUGS has acquired a partnership with the University of San Diego and reported a 253% week-over-week revenue growth in August 2021. 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 sales and marketing, technical development, professional development, and operational expenses.
Jetpack, with a valuation of $3 million, is raising funds on Republic. The company has developed a solution to provide students with important products they need every day. The Jetpack technology connects sellers to students who need the products right away. The students place their orders, make payments, and a Jetpacker arrives with the products in a matter of minutes. Jetpack has established partnerships with several companies and has been accepted in GSVLabs Pioneer Accelerator. Fatima Dicko founded Jetpack in May 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 growth and expansion.
GrownbyGreen is raising funds on MainVest. The company is a local cannabis cultivator in Massachusetts. It uses sustainable and regenerative soil practices to support large-scale cannabis production. GrownbyGreen’s aim is to cultivate high-quality and organic cannabis flowers using its clean soil methods. The business model of GrownbyGreen is driven by partnerships with local retail cannabis stores. Kaleb Green founded GrownbyGreen in April 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $107,000. The campaign proceeds will be used for buildout, lease, equipment, operating expenses, legal expenses, and utilities.
VizAeras, with a valuation of $8.67 million, is raising funds on StartEngine. The company has developed an IoT platform technology — indor — to monitor the quality of the indoor environment. The tool tracks carbon dioxide levels, humidity, temperature, light, sound, and exposure to harmful pollutants. The device, indor, is compliant with the California Assembly Bill AB 841 regarding carbon dioxide monitoring requirements. Carl Tautenhahn, Gerald Tautenhahn, and Kevin Maloney founded VizAeras in May 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 for technology development, product development, and expansion.
Bowr, with a valuation of $5 million, is raising funds on Republic. The company has developed a furnishing platform that is changing the way furniture is made and sold across the world. The platform allows customers to buy high-quality furniture at honest prices and customize it according to their space and needs. It also helps manufacturers sell directly by eliminating the middlemen. Bowr has a present AOV of $3,600 as of June 2021 and a 43% month-over-month growth as of July 2021. Parikshit Guhabiswas founded Bowr 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 to grow the team, optimize the platform, add more manufacturers, add more customers, and optimize the logistic solution.
Chaia is raising funds on SMBX. It is an unconventional taco shop that makes delicious tacos almost entirely from vegetables. The business started at farmers’ markets and has grown to two brick-and-mortar locations. The restaurant offers six vegetable taco creations made using vegetables grown by local farmers. Chaia plans to open its third location in Bethesda, Maryland. Bettina Stern founded Chaia in November 2014. 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 marketing and working capital.
Sticky Fingers Sweets & Eats is raising funds on SMBX. The vegan bakery in Washington, DC, sells decadent sticky bun cinnamon rolls, muffins, donuts, cookies, cakes, and brownies. The offerings of Sticky Fingers Sweets & Eats are fully vegan and come in unique and seasonal flavors. The business also sells savory delights, including buffalo wings, steaks, burgers, fries, and more. Doron Petersan founded Sticky Fingers Sweets & Eats in June 2002. 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 warehouse expansion, hiring, marketing, and working capital.
Evolution Devices, with a valuation of $10 million, is raising funds on Republic. The company is developing digital physical therapy to assist and enhance movements. The digital health platform of Evolution Devices offers virtual physical therapy and walking rehabilitation. The first product, EvoWalk, helps in fall prevention and walking rehab and has raised more than $2 million. Pierluigi Mantovani, Juan M. Rodriguez, and Pierre Karashchuk founded Evolution Devices in July 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 for FDA clearance and commercialization.
Mighty Monkey, with a valuation of $5 million, is raising funds on Republic. The company makes and sells delicious gluten-free cookies that are handcrafted to nourish the mind, body, and soul. The company uses high-quality ingredients for its cookies, including pure cane sugar, pure maple syrup, sea salt, real butter, Dutch cocoa, whole coconut, and natural vanilla. Mighty Monkey has sold more than 100,000 bags through its e-store, Amazon, and 121 retailers. Carolyn K. Potz founded Mighty Monkey in April 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $750,000. The campaign proceeds will be used to add more product offerings and increase the revenue.
HelloWoofy, with a valuation of $9.5 million, is raising funds on Wefunder. The technology at HelloWoofy uses artificial intelligence and data science to personalize social media marketing for users. The platform helps users manage different social media networks, organize their campaigns, and make their copywriting more efficient. HelloWoofy grew by 21,900% from its launch in under a year. Arjun Rai founded HelloWoofy in September 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2,000,000. The campaign proceeds will be used for engineering, marketing, accounting expenses, operational expenses, and general working capital.
VirZOOM, with a valuation of $30.5 million, is raising funds on Wefunder. The company has created the next generation of interactive and immersive in-house fitness through virtual reality. Customers get to engage in multiple virtual activities with a lot of fun. VirZOOM’s active members grew five times over and accounts grew six times over after the Oculus Quest store launch in the second quarter of 2021. Eric Janszen and Eric Malafeew founded VirZOOM in 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4,497,094. The campaign proceeds will be used for customer acquisition, hiring new staff, advertising and promotion, and rent and facilities.
MobCraft Beer, with a valuation of $6 million, is raising funds on Wefunder. The brewery works on a unique craft beer taproom model and turns ideas into beer. The company has cracked the code to a successful craft brewery model and is ready to replicate its success in new locations. MobCraft Beer has more than 90,000 annual visitors at its Milwaukee location and grew by 17% even during the 2020 pandemic period. Henry Schwartz founded MobCraft Beer in 2012. The current crowdfunding campaign has a minimum target of $499,998 and a maximum target of $1,069,997. The campaign proceeds will be used for opening the second and third MobCraft locations.
A Fresh Wind Catering is raising funds on Honeycomb. The company provides unique and affordable food catering options. It crafts recipes and creates delicious foods, including fried rolls, soul food, homemade cobblers, and crisps. The business offers on-site catering services for parties, events, and special occasions and provides individual and personal food orders for regular customers. A Fresh Wind Catering has served noted celebrities, including Snoop Dogg, Dr. Barbara Brothers, and US Senator Sherrod Brown. Trina Williams founded A Fresh Wind Catering in December 2015. 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 the purchase of a used food truck, equipment for the food truck, and insurance and permits.
GRID, with a valuation of $5 million, is raising funds on Republic. The company empowers non-gamer and non-technical people to create purposeful video games. The video games can be created at lightning speed, at low cost, and with no code for marketing, training, and educational purposes. Breshna.io, the SaaS platform of GRID, was used to create more than 1,000 games in the first four days of its launch. Mariam Nusrat founded GRID in March 2021. 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 rapid product development, expansion of customer acquisition, and marketing.
Hux Spirits is raising funds on MainVest. The company makes and sells its unique and delicious sangria. The sangria embodies the authenticity and realness of Baltimore and the culture and vibrancy of Cuba. The sangria blends of Hux Spirits do not contain fruit juices, making them long-lasting and well-balanced. The company has increased its customer base through traditional, positive word-of-mouth marketing on social media and other platforms. Jamal Jackson founded Hux Spirits in April 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $20,000. The campaign proceeds will be used to acquire licensing and trademarks, secure a partnership with Copacking for mass-production of products, acquire warehouse or commercial kitchen space, and purchase additional inventory and supplies.
Fabalish, with a valuation of $6 million, is raising funds on Wefunder. The company is harnessing the power of chickpea and offering it in a variety of healthy forms. The chickpea offerings of Fabalish are organic, allergen-friendly, and clean-label and include flavorful dips and sauces and organic falafel. Fabalish has reported four times annual growth in two years and a 40 times growth online. Jessica Gebel and Paul Majcherczyk founded Fabalish in March 2018. 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 and operations.
Prince’s Subs is raising funds on Honeycomb. The food place operates out of a church kitchen and serves original subs and the meatball subs. The history of Prince’s Subs dates back to the 1950s at Elm Road. The business is recreating the same smell of onions, the distinct taste of the pickle, white butcher paper, and rubber band experience. Prince’s Subs restarted in 2020 and has been debt-free and profitable. Prince’s Subs is owned by Jim and Dannette Antes. 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 moving into the first retail space, remodeling, equipment, and working capital.
Transparent Path, with a valuation of $4.6 million, is raising funds on Netcapital. The company has developed a proprietary platform that tracks the supply chain for perishables. The platform also helps in alerting producers, transporters, retailers, and processors about problems in transit and fixing them. Transparent Path has a tech partnership with Intel and brings supply chain visibility. Eric Weaver founded Transparent Path in July 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $115,000. The campaign proceeds will be used for equipment purchase, marketing, loan repayment, development cost, user experience, and customer service.
Rap Plug, with a valuation of $20 million, is raising funds on StartEngine. The digital platform of the company connects hip hop fans with their favorite artists and other prominent figures in the rap community. The platform also helps users learn how to enter the rap industry through a special curriculum designed by the legends. Rap Plug has secured partnerships with celebrities like Diddy, Rick Ross, and Eric Bellinger. Branden Criss and Craig King founded Rap Plug in August 2018. The current crowdfunding campaign has a minimum target of $9,999.35 and a maximum target of $999,998.56. The campaign proceeds will be used for marketing, growth, and expansion.
Bar at 66 Greenpoint is raising funds on MainVest. The upcoming bar in Brooklyn, NY, will serve craft cocktails, beer, and wine and will play good music for people. The bar will also have a large space to accommodate a stage and dance floor. Bar at 66 Greenpoint’s vibes will mostly be dark, industrial, and cozy. Ibraheem Abdul-Malik founded Bar at 66 Greenpoint in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for the down payment and security for the new location and inventory.
Thai Bird NYC is raising funds on MainVest. The Thai restaurant is located in New York and serves super crispy, juicy, moist, and well-seasoned fried chicken. The chicken is served with a variety of sauces, including green chili sauce, Szechuan hot sauce, and sweet chili sauce. Thai Bird NYC also serves khao soi, Thai bird bowl, and other specialties. Tae Kang founded Thai Bird NYC in March 2016. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $125,000. The campaign proceeds will be used for rent and operating capital.
Sirocco Energy, with a valuation of $7 million, is raising funds on Wefunder. The company has created a low-noise, affordable, and customizable wind turbine for urban energy production. The linear wind generator of Sirocco Energy has been successfully developed and patented after five years of R&D. It is 50% more aerodynamically efficient than conventional wind turbines, has a low noise level, and is safe for birds. Taras Vodyanyy and Anna Pryimak founded Sirocco Energy in May 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 for product development, business development, marketing, administrative expenses, and operating expenses.
Innovative Health Solutions is raising funds independently through Regulation A crowdfunding. The company is focused on developing neuromodulation therapies to address healthcare needs in children. IHS aims to use its proprietary Percutaneous Electrical Nerve Field Stimulation technology to treat chronic and debilitating conditions in children. Gary Peterson and Dr. Chris Brown founded Innovative Health Solutions in 2012. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for FDA preparation and filing of new FDA indication submissions, patent protection, R&D, product development, animal testing and human feasibility studies, and other expenses.
RideBay Technologies is raising funds independently through Regulation A crowdfunding. The company is developing a revolutionary AI-driven application for the ride-sharing service industry. The app will be powered with rideshare aggregation, car-sharing/rental, and peer-to-peer driverless technology that can summon driverless vehicles. RideBay Technologies is the future of rideshare, empowering automated self-drive rideshare with its patent-pending technology. Wais Asefi founded RideBay Technologies in 2021. The current crowdfunding campaign has no minimum target and a maximum target of $5,000,000. The campaign proceeds will be used for marketing and promotions, legal and accounting expenses, programming, information technology, ongoing product development, and working capital.
Emerging Fuels Technology is raising funds independently through Regulation A crowdfunding. The energy technology company uses its technology to turn waste sources of carbon into compatible fuels and chemicals that reduce greenhouse gas emissions. The company has a growing patent portfolio and earns revenue from contract research, contract fees, and catalyst sales. Emerging Fuels Technology makes sustainable profits using its modular designs that make renewable fuels from biogas and low-carbon fuels from natural gas. Kenneth Agee founded Emerging Fuels Technology in 2007. The current crowdfunding campaign has no minimum target and a maximum target of $74,999,998.80. The campaign proceeds will be used for BioGTL plants, FlareBuster plant equity, business development, hiring, patents, and other capital expenses.
