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Security Type
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Other
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Categories
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Technology, Infrastructure, Food & Bev, Healthcare & Medical
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Min Investment
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$100
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Expected Close Date
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April 30, 2022
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Target Raise
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$250.00K-$2.00M
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No. Investors
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149
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Security Price
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$1
- Number of Employees
- 0
- Cash
- $1,500
- Revenue
- $0
- Short Term Debt
- $6,524
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $0
Company Description
Fresh organic foods are grown year-round using recycled nutrients, carbon, water and energy from local food wastes
The upcycled food waste industry is worth over $50 billion (and climbing). $1 trillion worth of food is wasted per year.
Replicable worldwide community locations help achieve the goal of 5X business expansion every year
An agritech & cleantech precedent entering the global food market that generated over $8 trillion in revenue in 2020
The Net Zero design goals include: net zero waste, net zero energy, net zero water and net zero carbon
Unique design of cleantech: anaerobic/fermentation digester, fuel cells, bioaugmentation, solar PV, and geothermal
Our innovative, proprietary processes capture the carbon in food wastes to increase crop growth.
Addresses social issues of food security, hunger, and jobs while providing fresh foods that are good for the heart
Key Deal Facts
Fresh organic foods are grown year-round using recycled nutrients, carbon, water and energy from local food wastes
The upcycled food waste industry is worth over $50 billion (and climbing). $1 trillion worth of food is wasted per year.
Replicable worldwide community locations help achieve the goal of 5X business expansion every year
An agritech & cleantech precedent entering the global food market that generated over $8 trillion in revenue in 2020
The Net Zero design goals include: net zero waste, net zero energy, net zero water and net zero carbon
Unique design of cleantech: anaerobic/fermentation digester, fuel cells, bioaugmentation, solar PV, and geothermal
Our innovative, proprietary processes capture the carbon in food wastes to increase crop growth.
Addresses social issues of food security, hunger, and jobs while providing fresh foods that are good for the heart
Use of Proceeds
$250,000
28% toward hiring sales, operations, laboratory managers, and consultants, 32.5% toward engineering design templates, contracts and equipment, 32% to cover portions of startup costs, 7.5% towards Wefunder fees
$1,000,000
63% toward complete design and order parts and equipment to build plug & play showcase system (pay vendors 50% down payment). 29.5% towards closing contracts and begin designs for other locations of HeartFoods Community Farms, 7.5% towards Wefunder fees
$2,000,000
60% towards complete installation and startup of showcase plug & play system. 32.5% towards closing contracts on additional locations of HeartFoods Community Farms + on-going first year operations. 7.5% towards Wefunder fees.