Voodoo Scientific
About this raise
Voodoo Scientific, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a proven way for distillers to remove harshness from any spirit. Voodoo Scientific enables distillers to control how smooth they want their product to be and make spirits more desirable and profitable. The product of Voodoo Scientific is easy to adopt and can be easily integrated by distillers as a powder or liquid into their current process. Martin Enriquez and Joana Montenegro founded Voodoo Scientific in July 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.24 million. The campaign proceeds will be used for product development, legal fees and patents, sales, and manufacturing.
Investment Overview
Invested : $537,250
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/10/2024
- Close Date
- 09/26/2024
$100,000
$1,235,000
$250
SAFE
Seed
RegCF
$20,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,143,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/26/2024 | Wefunder | $20,000,000 | $537,250 | SAFE | Funded | RegCF |