Planetarians
Early Stage
Patent-pending technology converts defatted seeds into a protein- and fiber-rich ingredient
Overview
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
SEC Filing Type
RegCF
Early Bird Val. Cap
$10,000,000
Valuation Cap
$15,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/24/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2013
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
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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