Xin Chao on NextSeed

MasterChef season 3 winner Christine Ha teams up with locally renowned Chef Tony J. Nguyen to execute their unique take on Vietnamese cuisine.

Raise to date: $107,000

Reporting Date: 04/30/2020

Key Stats

Minimum Raise

$75,000

Maximum Raise

$107,000

Likelihood of Max Exceeded
Start Date

02/20/2020

Stop Date

04/29/2020

Days Remaining

Closed

Security Type

Debt

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

93

% of Minimum Raised

143%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$1,551

DPD* Category

$79

DPD* All Companies

$908

Kingscrowd Momentum

$107,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Xin Chao, a unique Vietnamese restaurant in Houston, Texas, is raising funds on NextSeed. The restaurant will feature a versatile menu with high-quality ingredients, specialty cocktails, and contemporary ambiance. The food at Xin Chao aims to transform traditional Vietnamese cuisine into a sophisticated and modern dining experience. The restaurant was founded by MasterChef winner Christina Ha and renowned Chef Tony J. Nguyen and is expected to open in May 2020. The current round of crowdfunding has a minimum target of $75,000 and a maximum target of $107,000, and the proceeds will be used towards construction, bar renovations, kitchen renovations, inventory, furniture, and working capital. The owners of Xin Chao have a proven track record of owning and operating successful Vietnamese establishments. They intend to honor the Vietnamese cuisine further while offering a contemporary dining experience.

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