ReGrained

[Closed for Investment] Who Should Be Interested:
Do you love drinking beer, but do you hate wasted food and resources? Do you own a brewery, or were you thinking about starting one? If yes, then ReGrained might be the investment for you. Their patent-pending technology transforms brewing waste and byproducts into edible and delicious ingredients and products.

The Company:
Did you know that roughly a pound of “spent” grain is discarded for every six pack of brewed beer? ReGrained did -- and they’re doing something about it. ReGrained is a food-tech company that transforms brewing waste and byproducts into edible ingredients and products. They call this repurposed grain “SuperGrain+” flour, which is high in protein, fiber, and micronutrients while being low in sugar and calories. They’ve turned it into snack bars with 100% backyard compostable packaging, and they hope to use SuperGrain+ in more foods such as breads, cookies, and pretzels. Their partnership with the USDA and patent-pending technology to use wet food in this way has created what they call “edible upcycling,” which they hope will lead to an environmentally friendly, economically viable, and sustainable food future.

The Bottom Line:
ReGrained is re-purposing brew waste in a whole new way. Their SuperGrain+ is tasty and healthy, and it helps combat food waste. Add in the fact that their leadership team is being named to Forbes’ 2018 “30 under 30” list, and you realize that ReGrained is providing an investment that could really give you something to chew on.

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Investment Overview

Raised this Round: Raised: $531,809

Deal Terms

Total Commitments ($USD)

Platform
Microventures
Start Date
01/19/2018
Close Date
03/16/2018
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Location
Berkeley, California
Company Website
Visit Website

Team

Employees
7

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/01/2020 Wefunder $14,500,000 $744,256 Equity - Preferred Funded RegCF
03/16/2018 Microventures - $531,809 Debt Funded RegCF / RegD 506(c)
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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ReGrained on MicroVentures
Platform: Microventures
Security Type: Debt

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Warning: according to the close date for this deal, ReGrained may no longer be accepting investments.

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