NXT Water
About this raise
NXT Water, Makers of Akeso, with a valuation of $10,000,00, is raising funds on Wefunder. The company are innovators in science-backed ultra-functional beverages: CBD & plant powered hydration. NXT Water developed an Immunity and Endurance product (no CBD) with more potency of Zinc & Vitamin D than any other beverage on the market. And, they have created the first beverage to provide 100% transparency via blockchain platform. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $1,000,000. The campaign proceeds will be used for sales and marketing, point of sale materials and sampling, product/working capital and operating expenses.
Investment Overview
Not Funded: $48,550
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/14/2021
- Close Date
- 04/18/2022
$75,000
$1,000,000
$100
Convertible Note
Pre-Seed
RegCF
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -24.1% YoY
- $21,099
- Monthly Burn
- $53,102
-
Runway
- 0.4 months
- Gross Margin
- 61%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/18/2022 | Wefunder | $10,000,000 | $48,550 | Convertible Note | Not Funded | RegCF |
