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Security Type
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Convertible Note
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Categories
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Technology, Infrastructure, Social Impact, Building & Construction, Community & Lifestyle
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Min Investment
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$100
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Offering Date
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June 29, 2021
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$3.00M
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No. Investors
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957
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Security Price
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$1
- Number of Employees
- 8
- Cash
- $74,226
- Revenue
- $221,380
- Short Term Debt
- $1,209,172
- Cost of Goods
- $348,430
- Long Term Debt
- $1,224,880
- Net Income
- $-1,189,256
Company Description
We recycle what no one else can and repurpose it to create Arqlite "Smart Gravel," a lightweight concrete aggregate and drainage replacement.
Key Deal Facts
We recycle what no one else can: complex plastics, at scale (1 ton per hour!)
46% month-over-month growth on retail channels since our pre-launch in September.
The best business model, paid to take the waste and paid again for our outputs.
Our very first product is Smart: 3X lighter and 10X better insulator compared to mineral gravel.
🇦🇷🇺🇸Proven track record, from a garage in Argentina in 2015 to 24,000 sq ft California.
46% month over month growth on retail channels since our pre-launch in September
All created with $3M of investments from people like you and strategic investors like Cemex and Coca-Cola.
Use of Proceeds
- Recycling Fee
- Smart Gravel
- Plastic Bond
- Licensing Fee
- Ready Mix Concrete
Management Team / Advisory Board Bios
Sebastian Sajoux, CEO
Born in Argentina, Sebastián holds degrees in marketing and environmental consulting. Businessman and entrepreneur with tireless dedication to developing solutions and technologies to create a large-scale positive impact in the world.
Carlos Paviolo, Chief Development Officer
Born in Argentina and a US citizen, Carlos is a machine expert developing mechanical designs for precision custom machines and automated equipment in a variety of industries including medical device production and aerospace.
Patrick Casey, Financial Operations Manager
Born in Boston, Massachusetts, Patrick has vast experience in financial analysis, business operations, and financial accounting. Before Arqlite Patrick served as Operations Lead manager at HASH and Director of Syndicate Accounting at Morgan Stanley.