Bobacino

Test the Waters
BETA

Automated Boba Bar

Analytics

Raised to Date: $297,451

Aggregate Commitments $
Platform

StartEngine

Start Date

11/17/2020

Close Date

03/31/2021

Min. Goal

$100

Max. Goal

$20,000,000

Min. Investment

$497

Security Type

Equity - Common

Funding Type

Test the Waters / RegA+

Series

Seed

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

32

% of Min. Goal

297,451%

% of Max. Goal

1%

Likelihood of Max
Avg. Daily Raise

$3,005

Momentum
Location

Santa Monica, California

Industry

Food, Beverage, & Restaurants

Tech Sector

AutomationTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

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.

Balance Sheet

Cash and Cash Equivalents

$37,500

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$37,500

Accounts Payable & Accrued Liabilities

$251,694

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$251,694

Total Stockholders' Equity

$-214,194

Total Liabilities and Equity

$37,500

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-314,194

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

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