Lillian Augusta

Plant-based braiding hair: Plastic-free, carcinogen-free, and irritant-free

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Categories
Other, Consumer Goods & Products, Retail, Community & Lifestyle
Min Investment
$100
Location
Chicago, IL
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$124.00K
No. Investors
123
Security Price
$1
Number of Employees
0
Cash
$42,182
Revenue
$196
Short Term Debt
$0
Cost of Goods
$249
Long Term Debt
$5,476
Net Income
$-29,088

Key Deal Facts

LAB started in the lab, with the founding team making prototypes at the University of Michigan
We are solving the health, environmental, and functionality issues with synthetic braiding hair.
Our team has expertise in environmental science, CPG marketing, textiles, and braiding.
We are collaborating with institutions like Bank of Montreal (BMO) and Soho House.
LAB has been featured by ESSENCE, Blavity, Crains, and Girls Who Green the World by Diana Kapp.

Management Team / Advisory Board Bios

Jannice Newson Chief Executive OfficerUniversity of Missouri and University of Michigan alum, Carbon180 Entrepreneur in Residence, US Dept. of Energy NREL Labstart Fellow, featured in Girls Who Green the World by Diana Kapp, and board member of Enterprise for Youth Climate Career Corps.
Amount Raised : $64,568
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