Planetarians

Early Stage

Patent-pending technology converts defatted seeds into a protein- and fiber-rich ingredient

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/11/2021

Close Date

10/21/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

Funding Type

RegCF

Valuation Cap

$15,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/24/2021

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Palo Alto, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Planetarians, with a valuation of $15 million, is raising funds on Wefunder. The company uses its patented technology to create alternative meat with a meaty texture, delicious umami flavor, and up to 26% protein. The meat created by Planetarians is unique and plant-based and costs 90% cheaper than other alternative meat processes. Planetarians has a pipeline of over $2 million in orders within the next six months. Aleh Manchuliantsau founded Planetarians in June 2013. 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 initial inventory, market-product fit tests, IP protection, and proof of the better digestion study.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$150,061

$48,656

COGS

$135,991

$61,020

Tax

$916

$572

 

 

Net Income

$-360,906

$-419,976

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,536

$149,179

Accounts Receivable

$61

$30

Total Assets

$4,597

$151,573

Short-Term Debt

$97,150

$0

Long-Term Debt

$367,581

$250,770

Total Liabilities

$464,731

$250,770

Financials as of: 10/11/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Planetarians 10/21/2021 Wefunder $15,000,000 $0 SAFE Not Funded RegCF
Planetarians 08/24/2018 SeedInvest - $0 Debt Not Funded RegCF / RegD 506(c)
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Planetarians on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000
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