5 New Startups This Week; 5 Most Raised!

Check out everything from powering electric vehicles to organic yogurt company!
Wefunder


Hi Cho Sinh,

Happy Thursday! This week we've got everything from powering electric vehicles to organic yogurt company.

New Companies 🔥
 

Avenida – Join us in launching an English-language streamer for US Latinos!
  • Addressing the US Latino streaming consumption of $4 billion annually.
Blue Wire – Helping podcasters make more money.
  • 300 podcasts; 130M annual downloads; 500 hosts and creators.
PiggyBack Network – We unite everyday driving families with other local families for safe and reliable youth carpool.
  • PiggyBack signed formal partnership agreements with The YMCA (Chicago & Boston) .
The Sepia Coffee Project – Uplifting Communities through Coffee.
  • Minority-owned coffee roastery opening the FIRST specialty coffee shop in Highland Park, MI.
Foonka – Designer bedding products inspired by nature and art.
  • Distinguished Design Awards: German Design Award 2018, European Product Design Award 2017 & 2019.


Most Raised 📈
 

Immersed – AR/VR company to go Public! (🤖AI + 🥽Visor)
  • Immersed is in discussions to raise ~$70M in connection with the business combination (not guaranteed).
Bimotal – Powering electric vehicles with better motors, batteries, electronics, and software.
  • $2.5MM raised to-date and tech leads from Tesla Powertrain, Apple, Formula-1, and Aerospace
Driven – A technological leap for e-bikes.
  • Three patents awarded, 2 provisional patents. The Driven system is truly novel to micromobility.
DARKMATR – Construction workflow software. All projects. All data. One platform.
  • Manage all the leading GC tools (Procore, Autodesk, etc) across all your jobs, all within one site
Painterland Sisters – Female farmer-owned organic yogurt making a difference.
  • Reached $1.3 million in sales and on track to hit a projected $3.5 million in 2023 (not guaranteed).


Closing Soon ⌛
 

Herbal Botanical Products – We formulate and sell topical pain management products infused with CBD isolate, Nano CBD, and CBG.
  • Proven Leadership Team with over $100 million raised over their career.
OLLO Footwear – Shoes for Superhumans!
  • CEO was instrumental in building four footwear brands into multi-million dollar businesses.
Sanara – Mind + Body care rituals powered by indigenous Latin American botanicals.
  • $9.6 Billion U.S. Spa Market CAGR 12.1% from 2021-28.
Kitchenery –Wireless Power - Smart Kitchen Counters and Cordless Appliances.
  • Backed by STANLEY+Techstars accelerator and on strategic conversations with large B2B customers (e.g. $500K deal w/ major RV manufacturer).
We're so Dead – A Horror Comedy for the Service Industry.
  • Bitchy Waiter, and other influencers, can help reach an established audience of 5M.
Blackbird Foods – Plant-based brand of frozen pizza and plant-based meats.
  • Revenue run rate is now $4.4M and they've built a nationwide brand with 2,500 distribution points including Target & Whole Foods.
Electric Playhouse – Arriving Summer 2023: Electric Playhouse at The Forum Shops in Caesars Palace, Las Vegas. .
  • Previously Raised $5M Series A (parent company, not this entity).
Cardinal Spirits – Beloved, award-winning craft spirits & canned cocktails from $6M ARR distillery.
  • Case sales grew from 8k in 2017 to 127k in 2022 ($6.3M annual revenue, $32M in cumulative revenue).
itracHEALTH – eNURSE, the smart personal health assistant for at risk patients living at home.
  • Founders- serial entrepreneurs that increased the market cap of prior venture from $35MM to $400MM.
Well Traveled – The private network for a new generation of modern travelers.
  • A female-founded travel club, built with female consumers in mind and over 100+ featured destinations, 7,000 vetted spots, and 8,000 trusted reviews.


 
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Haley

Team Wefunder


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*Company information is based on each company's campaign page and has not necessarily been verified. Wefunder does not endorse any company, and nothing in this email constitutes investment advice or an investment recommendation.

Avenida, Blue Wire, Piggy Back are 'testing the waters' to gauge investor interest in an offering under Regulation Crowdfunding. No money or other consideration is being solicited. If sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and only through Wefunder's platform. Any indication of interest involves no obligation or commitment of any kind.

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