Equo

Equo

100% plastic-free, biodegradable straws (and other food carriers) that don't suck

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Security Type
SAFE
Categories
Retail
Min Investment
$100
Location
Dover, DE
Offering Date
June 09, 2021
Expected Close Date
September 07, 2021
Target Raise
$50.00K-$1.00M
Security Price
$1

Company Description

EQUO products are designed harnessing the raw power of mother nature to replace single-use plastics. We are uncompromising in our mission – all our products are 100% natural, plastic-free, non-toxic, chemical-free & biodegradable and compostable.

Key Deal Facts

Raised $15,000 on Kickstarter, 300+ backers in 30 days (160% of target). Amazon Launchpad featured.
First Vietnam-based company backed by Techstars (2021) - only product company in the cohort.
Global government bans on single-use plastic makes change MANDATORY - the market needs our products.
We've got peoples attention: The Spruce, Geeky Gadgets, Brightly.eco, Business Insider, Woman's Day.
SME100 Vietnam Award, Flik's 21 Entrepreneurs to Watch, Plastic Pollution Coalition Member.

Use of Proceeds

  • 30% Sales Staff
  • 25% Marketing
  • 7.5% WeFunder Fees
  • 12.5% Operations (Legal, Certifications, Logistics)
  • 25% Inventory

Management Team / Advisory Board Bios

Marina Tran-Vu, Founder & CEO
Globe & Mail Cannes Young Marketer's Top 5 Finalist - 300+ pre-orders & $15,000 in sales on Kickstarter for EQUO (160% funded) - 2020 SME100 Fast Moving Companies in Vietnam Award recipient - Named Flik's 21 Womxn Entrepreneurs to Watch in 2021.
Amount Raised : $0
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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