SanMelix Laboratories on StartEngine

Helping You Heal with Honey

Raise to date: $377,341

Reporting Date: 04/05/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,069,998

Likelihood of Max Unlikely
Start Date

06/20/2019

Stop Date

04/29/2020

Days Remaining

22

Security Type

Common Stock

Investment Minimum

$250

Deal Type

Top Deal


Investment Summary

Status

Active

# of Investors

541

% of Minimum Raised

3,773%

% of Maximum Raised

35%

Dollars Per Day to Reach Max

$31,484

DPD* Committed

$1,301

DPD* Category

$0

DPD* All Companies

$917

Kingscrowd Momentum

$377,341

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

SanMelix Laboratories, with a pre-money valuation of $6.56 million, is raising funds on StartEngine. The company is creating a wound dressing formulation by combining the natural healing properties of buckwheat honey and some bioactive enhancements. The patents for these wound-care products are pending. SanMelix Laboratories was founded by Kenneth A. Sabacinski and Diana Sabacinski in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used to complete the testing of the products and to prepare an inventory. The products of SanMelix are the first-ever honey-based formulations, and they are being tested currently by the US Air Force.

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