Arco Technologies Featured Among New Impact Offerings - January 8, 2024
This Week's New Crowdfund Offerings With Social Impact, Minority, Women and LGBTQ Founders
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Each week, Superpowers for Good shares a list of new impact-related offerings added to FINRA-Registered crowdfunding portals and by broker-dealers. We’ll share four separate lists:
Impact offerings as determined by KingsCrowd reviews.
Offerings with minority founders.
Deals with women founders.
Those with LGBTQ founders.
See the lists below.
SuperCrowd Social Impact Offering(s) of the Week:
Arco Technologies, with a valuation of $77.8 million, is raising funds on PicMii. The company is involved in the development and manufacture of next-gen PEM fuel cells and AEM electrolyzers. Arco Technologies’ patented DIRECTLINK and SUPERNOVA technologies aim to give electric vehicles improved range and charging time with zero emissions. The company caters to commercial transport operators, trucking and logistics companies, work vehicle manufacturers, and maritime operators, and generates revenue through product sales, maintenance contracts, consulting services, and technology licensing. David Zabetakis founded Arco Technologies in January 2022. The current crowdfunding campaign has a minimum target of $9,994 and a maximum target of $1.8 million. The campaign proceeds will be used for R&D, marketing, industrialization and certifications, salaries, and working capital. (Courtesy of KingsCrowd.)
SuperCrowd Minority Founders Offering(s) of the Week:
Neutral Ground is raising funds on Wefunder. The business is relaunching a favorite Chattanooga restaurant and bringing Afro-Creole cuisine back to Chattanooga. Neutral Ground will be a place where tradition meets nuance, and each dish will be a tribute to the Afro-Creole culture. The restaurant is aimed to open in June 2024 and is expected to generate $900,000 in revenue in year one. Kenyatta Ashford founded Neutral Ground in April 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for hiring staff, building out the restaurant, purchasing equipment, and marketing. (Courtesy of KingsCrowd.)
SuperCrowd Women Founders Offering(s) of the Week:
Honey Bear Ice Cream is raising funds on Honeycomb. The company makes super-premium, non-dairy ice cream based on people’s food allergies and dietary needs. Honey Bear Ice Cream is free from seven of nine major allergens and is creamier and cleaner than what’s on the market. The business has a loyal customer base and won the Grand Prize with the Ben Franklin Technology Partners Food and Beverage TechCelerator program. Natalie Wallace founded Honey Bear Ice Cream in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for purchasing a pasteurizer, a large-scale batch freezer, frozen storage, and the scoop shop buildout. (Courtesy of KingsCrowd.)
SuperCrowd LGBTQ Founders Offering(s) of the Week:
Valhalla Cafe is raising funds on Honeycomb. It is an upcoming coffee shop in Etna, Pennsylvania. Valhalla Cafe will be the first cafe in Etna and will offer coffee, sandwiches, burritos, pastries, and light lunch paninis. The business has chosen CommonPlace Coffee Company as its coffee bean provider and aims to be a place for people to come for good food, coffee, and conversations. Matthew Tarasi founded Valhalla Cafe in July 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $35,000. The campaign proceeds will be used for kitchen improvements, countertop and bar, floor and wall construction, bathroom buildout, and front sign. (Courtesy of KingsCrowd.)
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