Foonka

Designer bedding products inspired by nature and art

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Security Type
CAFES
Categories
Retail, Sustainability, Consumer Goods & Products, Other
Min Investment
$100
Location
New York, NY
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$200.00K
No. Investors
7
Security Price
$1
Website
foonka.com
Number of Employees
2
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Key Deal Facts

Validated products on the German, Polish, and other EU markets. Now relocating to the U.S.
Awarded designs: German Design Award 2018, European Product Design Award 2017 & 2019
Featured in Forbes, ELLE Decoration (cover photo), My Company (cover photo), Vogue UK & many more
Less-waste production / 100% made in Poland / Zero-waste policies / Our own sewing department
Environmentally active & socially contributing brand with a transparent production process
Total Addressable Market (TAM) of home textiles: $26B in the US alone, $121B global market
Fabric and print certified with the Oeko-Tex Standard 100 Certificate

Management Team / Advisory Board Bios

Gosia Dziembaj CEO & designerThanks to the simple idea of sleeping in a comfortable haystack, I managed to create a prestigious brand of home textiles. My original bedding designs have won numerous international design awards and have been showcased at exhibitions around the world., Max Kusmierek VP of Business DevelopmentDigital transformation of the Polish Railway Catering Company,
One exit (e-commerce) DJBox.pl
Amount Raised : $60,902
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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