Bobacino
Automated Boba Bar
Analytics
Raised to Date: $297,451
Aggregate Commitments $
StartEngine
11/17/2020
03/31/2021
$100
$20,000,000
$497
Equity - Common
Test the Waters / RegA+
Seed
Weekly Commitments $
Active
02/24/2021
32
297,451%
1%
$3,005
Santa Monica, California
Food, Beverage, & Restaurants
AutomationTech
B2B2C
Medium
High
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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