U.S. Hemp Company
About this raise
U.S. Hemp Company, with a valuation of $9 million, is raising funds on NetCapital. It is a Greentech company focused on developing sustainable fabrics for outdoor gear, service uniforms, and apparel. U.S. Hemp Company aims to reduce microplastic pollution, replace cotton-plastic blends, and help organizations achieve sustainability. The business uses high-quality hemp fiber to make its fabrics and is committed to quality and innovation. Michael Coleman founded the U.S. Hemp Company in May 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for salaries, R&D, admin and office, marketing, and brand development.
Investment Overview
Not Funded: $3,510
Deal Terms
Company & Team
Company
- Year Founded
- 2023
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/16/2024 | Netcapital | $9,000,000 | $3,510 | Equity - Common | Not Funded | RegCF |