Azolla, Inc.

🌱 Turning emissions into carbon negative textiles.

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Security Type
CAFES
Categories
Technology, Other, Retail, Manufacturing, Sustainability
Min Investment
$250
Location
Oakland, CA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$124.00K
Security Price
$1
Website
azolla.tech
Number of Employees
2
Cash
$13,494
Revenue
$1,855
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-18,308

Key Deal Facts

👗 Creating sustainable alternatives for the trillion dollar textile market.
🏆 Enabling companies to meet their net-zero goals without sacrificing profitability.
🌎Each pound of our biomaterial removes 3 pounds of CO2 from the air.
🧬 Visionary team of experts and scientists with decades of experience across global industries.
Potential revenue streams from multiple sources.

Management Team / Advisory Board Bios

Lubica Hanacek CEOLubica knows what her customers need because for many years she was THE customer. Her experience in the textile industry include leading positions in sourcing, supply chain management and product development at Levi’s, Target, and Bed Bath & Beyond., Milan HanacekCTOAzolla’s groundbreaking technology is Milan’s brainchild. Combining his deep respect for nature and fondness of science fiction he has been dreaming of inventing a “replicator” to make everyday products without destroying nature.
Amount Raised : $81,200
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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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