Rizome (1)

Climate-Positive Bamboo Building Materials

Security Type: Convertible Note
Categories: Building & Construction
Min Investment: $100
Location: Lakewood Ranch, FL
Offering Date: February 09, 2021
Expected Close Date: April 30, 2021
Target Raise: $250.00K-$1.07M
Deal Notes: Price Per Share: $1.00

Company Description

At RIZOME, we’re planting one of the largest carbon sequestration projects on the planet, scaling engineered bamboo lumber into a primary global construction material, and building the first climate-positive cities and buildings.

Key Deal Facts

RIZOME is the Global Leader in Bamboo Engineered Lumber
RIZOME hopes to be profitable by June 2021 after building the largest bamboo factory in the world
Investor Perk! Sequester 20 tonnes of CO2 per $1000 invested
Impact: Support our mission to sequester 10 Gigatons of CO2 by 2050
Impact: Support Indigenous Land Rights
Impact: Create regenerative circular economies in Florida, SE Asia, and Globally

Use of Proceeds

$250,000

80% - Manufacturing Equipment, 12.5% Team and Salaries, 7.5% Wefunder Fee

$1,070,000

75% - Manufacturing Equipment, 15% Team and Salaries, 2.5% Carbon and Planting, 7.5% Wefunder Fee

Management Team / Advisory Board Bios

Troy Carter Chief Strategy Officer

Russell Smith CEO

David Sands Chief Design Officer

Fred Murrell Chairman

Deal Notes

Price Per Share: $1.00

Amount Raised : $0

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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.