Intelligent Beverage Technology

Intelligent Beverage Technology

AI robot serving custom sports drinks

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Security Type
Equity
Categories
Other
Min Investment
$150
Location
Santa Monica, CA
Offering Date
June 10, 2019
Expected Close Date
September 06, 2019
Target Raise
$10.00K-$106.95K
Deal Notes

Security Name: Common Stock

Minimum Number of Shares Offered: 66,666

Maximum Number of Shares Offered: 713,000

Price per Share: $0.15

Valuation
$3,004,999

Company Description

AI robot serving custom sports drinks

Key Deal Facts

It allows you to customize the ingredients in your sports drink.
It remembers what you like and serves it to you.
You can have a personalized pre-workout, during-workout or post-workout drink. Up to 100 different beverage combinations can be saved per person.
It can interact with the fitness app on your mobile phone and make drink and ingredient recommendations based on your exercise regime.
While you wait for your drink to be made, the PUSH Machine will give you quick health and nutrition tips, along with advertisements on subjects you are interested in.
You can interact with the PUSH Machine verbally or by using the LCD touch screen or through your mobile phone app.

Use of Proceeds

R&D, Working Capital. Company Employment, Operations

Management Team / Advisory Board Bios

Tony Materna
CEO
Mr. Materna has enjoyed a 25-year career in high technology and is the veteran of seven previous start-ups, two of which have gone on to be $100 million successes. A degreed mechanical engineer, he has held marketing, sales, senior management, and CEO positions with companies in electronics, computers, test equipment, biotech and digital outdoor signage.

Andrea Morara
President
Mr. Morara spent 15 years in the European fashion industry working with brands such as Calvin Klein, Moschino, La Perla, etc. He has been the Co-Founder of four successful U.S. start-ups, two in the food service industry, one in international fashion and the other a high-end matchmaking consulting business. He has a degree in Administrative Accounting and Sales. A former professional volleyball player, he is fluent in Italian, English and French.

Deal Notes

Security Name: Common Stock

Minimum Number of Shares Offered: 66,666

Maximum Number of Shares Offered: 713,000

Price per Share: $0.15

Amount Raised : $5,595
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Security Description

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