Sativa Building Systems
About this raise
Sativa Building Systems, with a valuation of $1.7 million, is raising funds on Wefunder. The company makes patented hemp-based non-toxic wall panels that vastly improve home quality. The wall panels of Sativa Building Systems are breathable and rot, pest, mold, and fire-resistant. Sativa Building Systems has relationships with two major engineering firms and has signed contracts to secure three critical supply components. The current crowdfunding campaign has a minimum target of $125,000 and a maximum target of $1,000,000. The campaign proceeds will be used for obtaining a technical evaluation report to demonstrate code compliance and securing a lease on a manufacturing facility.
Investment Overview
Invested : $146,789
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 08/13/2021
- Close Date
- 04/30/2022
$125,000
$1,000,000
$100
SAFE
Pre-Seed
RegCF
$1,450,000
$1,700,000
5%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2022 | Wefunder | $1,700,000 | $146,789 | SAFE | Funded | RegCF |