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BIB Technologies

Mobilizing Businesses with Clean Energy

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Security Type
Common Stock
Categories
Technology
Min Investment
$100
Location
LOS ANGELES, CA
Offering Date
August 08, 2023
Expected Close Date
November 06, 2023
Target Raise
$15.00K-$1.00M
No. Investors
81
Security Price
$1.60
Website
evbib.com
Number of Employees
9
Cash
$4,991
Revenue
$39,347
Short Term Debt
$9,106
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-25,763

Company Description

BIB Technologies develops refrigerated mobile storefronts using our smart shelf technology powered by its own clean energy source.

Management Team / Advisory Board Bios

Nanavati LowCEO and Co-FounderNanavati Low brings a powerhouse combo of Silicon Valley tech and engineering experience as BIB Technologies’ first female CEO. Her career includes stints at industry giants Red Bull, SpaceX, Fiat Chrysler, MUFG Union Bank, and venture-backed V7 Labs (formerly Aipoly). Nanavati led emerging technologies product and engineering at Red Bull Media House, grew mobile app innovation for Red Bull TV and Wings For Life Foundation, and launched the world's largest global running event with over 161,000 participants from 192 nations, raising €4.7M. Her proven track record of building successful partnerships includes Emmy-winning projects and “Best of Innovation” at CES. Nanavati's passion for product development began during her time at Fiat Chrysler and SpaceX where she developed manufacturing and digital automation tools for Jeep Cherokee production lines and the NASA Cargo Resupply CRS-7 mission. With her MS from USC and BS in Industrial Engineering Operations Research from UC Berkeley, Nanavati seeks to inspire the next generation of female leaders. Deloss Pickett President, Director & FounderDeloss Pickett is a self-taught engineer with a passion for building cars since his teenage years. As a former Tesla Senior Energy Advisor at Tesla, he focused on Powerwall and charging infrastructure. In 2008, Deloss started Beverly Hills Exotic Motors where he sold luxury automotive brands and built custom vehicles for high-net-worth clients before selling his stake. Deloss also brought the luxury Mexican automotive brand, Mastretta to the US market and has been active in exotic car rallies - Targa Trophy, Gold Rush Rally, and The Italian Stampede. He brings over 20 years of relationships with private lending, leasing, and on-demand delivery mobile app development before founding BIB Technologies. Deloss has a passion for film, graduating from Clint Eastwood's CSU Monterey Bay Film and Documentary Production program and produced the critically acclaimed film "25 to Life" alongside rapper and actor, Ice T., Steve FactorElectrical & Systems EngineeringSteve Factor’s extensive expertise in lighting and electrical systems, energy management and solar power started long before joining BIB. In 2007, he joined the small group of PV pioneers that started SolarCity. Steve played key roles building residential PV crews and developing the commercial PV division as the company expanded. As a community activist, Steve promoted the new ELASC solar training program which grew to matriculate 250 students per month as preferred job candidates for renewable energy careers. In 2009, Steve helped create and grow SolarCity's home charger installation team, deploying thousands of chargers for the debut of Tesla's Model S. Before Tesla's acquisition of SolarCity in 2016, Steve joined the Safety and Training team prioritizing health, efficiency, and skill development for energy division members. In 2018, he was tasked with reducing Supercharger station installation costs using in-house electrical and project management teams. His methods and training resulted in significant cost reductions, more efficient installation, improved quality, and consistent station builds nationwide. At home, Steve continues to experiment. Currently, he’s upgrading his original 1999 Ford Ranger Electric to install a new BMS, lithium battery pack, and NACS charging system - leveraging his career path as an electrical contractor, lighting consultant, energy management consultant, solar PV designer/installer and electric vehicle charging system designer/installer. Steve is currently part-time & contributes a weekly estimated average of 10-15 hours per week. Please note that weekly contributions may increase from time to time depending on workload and the company's operations. Peter WeinsteinLegal AdvisorPeter D. Weinstein, Ph.D., J.D. is the founder and CEO of Entralta law firm specializing in intellectual property, transaction, and corporate law. Dr. Weinstein holds a Juris Doctorate degree from Boston College Law School, Ph.D. in Biology from the Univerisity of Pennsylanvania and is a registered patent attorney licensed to practice law in California. Peter’s decades-long expertise includes Senior Patent Counsel at Baxter Healthcare Corporation where he oversaw legal and intellectual property matters for hemophilia like Advate®, San Diego firms Brobeck, Phleger & Harrison, and Fish & Richardson, Boston Office of Goodwin Procter, United States Patent and Trademark Office, National Institutes of Health and the United States Army Medical Research Institute of Infectious Disease. Throughout his career, Dr. Weinstein has made significant contributions to the development of vaccines and other therapeutics and has extensive experience collaborating with multinational teams across the United States, Europe, and Asia.  Suzannah MathurAdvisorWith over 20 years of experience in design and creative direction, Suzannah's award-winning work focuses primarily on supporting organizations in the non-profit, arts and environmental sectors, including renowned institutions such as UCLA, the Los Angeles Philharmonic and the Association of National Advertisers. Her work has been showcased in the Society of Publications Designers, CASE, the New York Times, and the blockbuster film Valentine’s Day. She's taught Fundamentals of Design and Color Theory courses at the Art Institute Los Angeles and developed a course on Sustainable Packaging. Her product development work has been distributed by major retailers like Target, Kmart, Walmart, Sears, Dillard’s, and JC Penny and led to managing licensed product lines for Walt Disney and Mary Engelbreit Inc. Suzannah has a MS in Sustainable Product Design from Bournemouth University, United Kingdom, and a BSC in Graphic Design from the University of Cincinnati School of Design, Architecture Art & Planning. Sitara NayuduProduct & EngineeringSitara Nayudu, angel investor and sustainability advocate, boasts 12+ years of exemplary product and engineering leadership experience, with a remarkable career spanning Ring, Amazon, Cargomatic, and Kaiser Permanente. As a pivotal early employee at Ring, she helped grow the product team from video doorbell company from Shark Tank fame to Amazon acquisition. Armed with an environmental engineering degree from the University of California, Irvine, her passion for inclusivity and sustainability perfectly aligns with BIB Technologies' mission. With an unwavering commitment to innovation, Sitara's advisement and angel investment aims to propel their EV mobile store platform, making a positive impact on customers and the environment alike. Sitara is currently part-time & contributes a weekly estimated average of 10-15 hours per week. Please note that weekly contributions may increase from time to time depending on workload and the company's operations. Derek LossingLogitics AdvisorDerek Lossing scaled Amazon's e-commerce delivery network from 2015 to 2021. As a seasoned executive with extensive experience in transportation and operations, his expertise includes negotiating complex transportation agreements with major carriers and successfully scaling last-mile logistics and freight forwarding products. Prior to his time at Amazon, Derek led global logistics for Delta Air Lines and managed pricing and revenue management for Delta Cargo. He also served as Senior Director of Transportation at American Eagle Outfitters (a $5B US retailer) overseeing all transportation operations. Derek specializes in advising on navigating the evolving e-commerce supply chains. David GrauAdvisorAccomplished and highly skilled multidisciplinary creative executive, David has extensive experience in product design and a proven track record of executing successful creative strategies, managing cross-functional teams, and delivering world-class experiences on a global scale. Proficient in a wide range of platforms and mediums, including mobile, TV, OTT, web, video, immersive, voice, connected devices, and print, with a track record showcasing partnerships with some of the most iconic brands in the world, such as Red Bull, Nike, Adidas, YouTube, Warner Bros, Ford and more. Kenneth HerreraAdvisorAs a veteran sales and innovation executive, Kenneth Herrera generated over $70 million in net new revenue in his decades-long career spanning major manufacturers and shipping logistics. Kenneth has led sales in parcel and ecommerce innovation as well as locker hardware business development for both enterprise and retail markets. He has over 30+ years of experience as a Global and National Account Manager in Information Governance, driving sales revenue through direct end-user and indirect channel models. Kenneth specializes in new technology solutions introductions, contract negotiations and closing deals to senior management in Fortune 500 companies, Higher Education and healthcare.

Amount Raised : $28,166
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