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Basil Street Cafe

Basil Street Cafe

Testing the Waters
Early Stage

Robotic automated pizza kitchens

Robotic automated pizza kitchens

Overview

Raised to Date: Raised: $824,406

Total Commitments ($USD)

Platform

SeedInvest

Start Date

07/22/2021

Close Date

Testing the Waters

Min. Goal
Funded
Max. Goal
Funded
Min. Investment

$998

Security Type

Equity - Preferred

SEC Filing Type

Test the Waters / RegA+    Open SEC Filing

Price Per Share

$2.82

Pre-Money Valuation

$40,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/02/2021

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$11,948

Momentum
Funded
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Year Founded

2016

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Location

Palo Alto, California

Basil Street Cafe, with a pre-money valuation of $40 million, is testing the waters on SeedInvest through Reg A+ crowdfunding. The company has developed an automated robotic pizza kitchen that makes delicious and affordable pizza in under three minutes. The technology is patented and aims to disrupt the global pizza market. Deglin Kenealy founded Basil Street Cafe in 2016. The current crowdfunding round has a minimum goal of $1,000,000 and a maximum goal of $20,000,000, and the funds will be used for product development, engineering, commercialization, personnel expenses, and repayment of debt. Basil Street Cafe has completed an initial pilot program at multiple locations across the US and targets deployment in the field by fall 2021.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Basil Street Cafe 01/12/2022 SeedInvest $40,000,000 $0 Equity - Preferred Not Funded RegA+
Basil Street Cafe 09/29/2021 SeedInvest $40,000,000 $824,406 Equity - Preferred Funded Test the Waters / RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Basil Street Cafe on SeedInvest 2021
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $40,000,000
Price per Share: $2.82

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