HeatGen

Your Favorite Drinks and Soups, Hot When You Want

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Security Type
Non-Voting Equity
Categories
Technology, Business to Business, Consumer Products
Min Investment
$300
Location
Austin, TX
Expected Close Date
December 14, 2022
Amount Raised
$9,625
Target Raise
$10K-$1M
No. Investors
13
Security Price
$0.30
Valuation
$10,000,000
Number of Employees
7
Cash
$78,660
Revenue
$9,634
Short Term Debt
$237,982
Cost of Goods
$65,995
Long Term Debt
$652,120
Net Income
$-1,622,848

Company Description

HeatGen has developed an on-demand, self-heating beverage packaging innovation that heats your favorite coffee, soup, tea, sake, or broth on the go with a simple twist of the bottom cap. Our technology uses a patented thermal reaction to deliver ready-to-drink beverages wherever and whenever consumers want them. We have licensed our technology and launched with two premium coffee companies: La Colombe and High Brew, and have other brands and categories in the pipeline for 2023.

Perks

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$300+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.




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Friends and Family
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13
days

8
hours

18
mins

56
secs





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$600+ Investment
$600+ 2% bonus shares


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$2,400+ Investment
$2,400+ 5% bonus shares


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$4,800+ Investment
$4,800+ 10% bonus shares

Key Deal Facts

Consumers love the ability to heat their favorite premium ready-to-drink (RTD) beverages on demand, expanding use opportunities and meeting their active lifestyles.
Brands love HeatGen's technology because it helps them grow market share in the trillion-dollar ready-to-drink market, where premium products like coffee are growing twice as fast as the overall market (Source).
Currently launched in multiple markets and channels, first with La Colombe Coffee then High Brew Coffee. Available online and in over 100 Central Texas stores, and in all Wegman's stores.

Security Description

Non-voting stock is stock that provides the shareholder very little or no vote on corporate matters.

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