Bobacino

Bobacino

Testing the Waters
Early Stage

Automated Boba Bar

Automated Boba Bar

Overview

Raised to Date: Raised: $346,588

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/16/2020

Close Date

Testing the Waters

Min. Goal
Funded
Max. Goal
Funded
Min. Investment

$497

Security Type

Equity - Common

Series

Seed

SEC Filing Type

Test the Waters / RegA+    Open SEC Filing

Price Per Share

$2.39

Pre-Money Valuation

$7,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/29/2021

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

$1,724

Momentum
Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

AutomationTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Location

Santa Monica, California

Business Type

Life Style

Bobacino, an automated boba bar, is raising funds on StartEngine through Test the Waters / Reg A+ crowdfunding. The bar uses robotic automation to make a variety of high-quality and affordable bubble teas. Bobacino offers a new boba experience with creativity, curiosity, and accessible luxury. Darian Ahler founded Bobacino in 2020. The raise is currently in the Test the Waters Phase. The funding round proceeds will be used for product development, payroll, marketing, and general administrative expenses. Bobacino is backed by Wavemaker Labs; a food automation focused venture studio. It has already built a fully-functioning prototype and plans to explore the untapped global boba market.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bobacino 09/05/2022 Dalmore Group $9,000,000 $3,744,390 Equity - Common Funded RegA+
Bobacino 11/29/2021 StartEngine $7,000,000 $1,422,155 Equity - Common Funded RegA+
Bobacino 06/05/2021 StartEngine $7,000,000 $346,588 Equity - Common 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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Bobacino on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,000,000
Price per Share: $2.39

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