Planetarians

Planetarians

Early Stage

Patent-pending technology converts defatted seeds into a protein- and fiber-rich ingredient

Patent-pending technology converts defatted seeds into a protein- and fiber-rich ingredient

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/10/2021

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    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$15,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/23/2021

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

Location

Palo Alto, California

Business Type

Growth

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: 10/10/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Planetarians 10/20/2021 Wefunder $15,000,000 $0 SAFE Not Funded RegCF
Planetarians 08/23/2018 SeedInvest - $0 Debt Not Funded RegCF / RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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

Funding data not publicly available

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Planetarians on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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