HeartFoods Group, PBC

Transforming our food system by recycling food wastes to grow vegetables, greens, herbs and berries

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Security Type
Other
Categories
Technology, Infrastructure, Food & Bev, Healthcare & Medical
Min Investment
$100
Location
BELLINGHAM, WA
Expected Close Date
April 30, 2022
Target Raise
$250.00K-$2.00M
No. Investors
149
Security Price
$1
Website
heartfoods.co
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.




Amount Raised : $261,310
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