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Security Type
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CAFES
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Categories
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Technology, Retail, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$1.24M
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No. Investors
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134
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $41,222
- Revenue
- $0
- Short Term Debt
- $41,193
- Cost of Goods
- $0
- Long Term Debt
- $104,329
- Net Income
- $-88,330
Key Deal Facts
Proven with provisional patent: Wireless Energy systems developed for the kitchen appliance industry
Backed by Tech conglomerates such as STANLEY+Techstars --> early strategic investors!
Developed advanced industrial designs for Kitchenery Product offerings --> Pilot Production Q4 -2023
Management Team / Advisory Board Bios
Akshay Bhuva Founder & CEOVisionary
Wide range of experience: Research on nano-polymers to working in the commercial automobile and plastics industry.
M.S Entrepreneurship: University of Tampa
B.S Mechanical and Materials Engineering: Washington State University, Agustin Mendez Co-founder & CTO10+ Years of Hands-on Hardware development and tech commercialization in the Aerospace Industry., Andrew Collier Director of Corporate Partnerships - 10+ years in B2B sales with expertise in business development, enterprise account management.
- $5M+ enterprise accounts management
- Ayla Networks, Paulo Cezar Lopes Sa Business Operations Associate In charge of Kitchenery's PR, Outreach, and Blog Strategies.
Streamlining the company's communications and Investor Relations.
B.Sc. International Business & Entrepreneurship.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
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.