MV Mail Weekly Recap: November 24, 2020

Click to rate this post!
[Total: 0 Your Rating: 0]

Below is a quick summary of the investment opportunities listed on the MicroVentures platform as of November 24, 2020.

Just Listed
Remedy Processors
Cannabis and hemp company
Key Highlights:
• Generated $303k+ in revenue through October 2020, up 1,474% when compared to the same period last year
• Earned customers in 2020 like Frosty’s Extracts, Imperial CBD, Full Sail Farms, and Everything Hemp

Active Offerings

Shared kitchen spaces for developing, manufacturing, and distribution of cannabis and CBD-infused products
Key Highlights:
• Company’s first facility in Orange County, California, expected to be completed in December 2020
• Founding team members have 21+ years of combined experience and collectively have previously founded and scaled three licensed cannabis facilities in Colorado and California

Automated robotic, contactless, and AI-enabled food preparation for fresh healthy smoothies made on-demand
Key Highlights:
• Has four Blendid robotic smoothie kiosks currently deployed in the San Francisco Bay Area including Walmart, the Market Cafe, the Charlie Brown Cafe, and the Plug & Play Tech Center
• Signed an agreement with Walmart to deploy Blendid at its Fremont, California, location with intent to expand further

Software platform for animators
Key Highlights:
• Founder sold his last company to AOL in June 2016
• Creating an even larger suite of products that implement voiceovers, motion capture, and personal avatar building so users can have even more tools when designing and producing their animated content

Cherry Street Pharmacy
One-stop online pharmacy
Key Highlights:
• Generated nearly $3M in revenue in the 2019 calendar year, with only ~$5k in advertising and marketing spend
• Acquired a second brick-and-mortar location in August 2020, with a targeted launch in 2021

Million Marker
Personal environmental exposure analysis and tracking for consumers
Key Highlights:
• Graduated from Y Combinator’s Spring 2019 Cohort
• Partnership agreement with the University of California, San Francisco and support from Stanford University School of Medicine and Johns Hopkins School of Public Health

B2B SaaS cloud integration software
Key Highlights:
• Raised $1.07M in its first equity round, led by Plug and Play Tech Center and Steelhead Ventures
• Integrates with cloud software such as Intuit Quickbooks, Oracle NetSuite, Vend POS, and more

Hudson Space Systems
Microgravity research services company
Key Highlights:
• Developing reusable space launch vehicles to make microgravity services accessible to a broad spectrum of customers
• Filed a private provisional patent application, “Unibody Liquid Bipropellant Rocket Engine,” in February 2020

Athleisure apparel and audio gear accessories for men and women
Key Highlights:
• Social media followers have grown by 439% from April to July 2020 across Instagram, Facebook, and YouTube
• Uses innovative materials engineered to prolong the charge life and sound quality of its wireless audio accessories

Personal products infused with cannabis sold online and in-stores
Key Highlights:
• Selected as a finalist out of 300 to participate in Canopy Boulder’s accelerator program for cannabis-related and CBD businesses
• The company’s premier fragrance has been featured in Forbes magazine twice and is participating in the Luxury Meets Cannabis Conference / Forbes fundraising event for COVID-19 relief efforts

Edly offers an alternative to student loans known as Income Share Agreements (ISAs)
Key Highlights:
• Edly has (1) a seasoned team, (2) targeted a subset of the student loan market, and (3) an investment platform being engineered to handle high growth
• Considered a market leader in the ISA market by Career Karma

Vital Leaf

Line of organic, CBD-infused chocolates, tinctures, body balm, and capsules
Key Highlights:
• Products sold in 300+ retail locations across the U.S.
• Retailers and partners include Wegmans, New Seasons Market, New Leaf Community Market, National Co+op Grocers, and Good Earth Natural Foods

IPD Products
Air sterilizer designed to combat airborne pathogens
Key Highlights:
• Plans to launch the Ionic Plague Destroyer in Q4 2020, an air sterilizer designed to combat airborne pathogens, such as SARS-CoV-2, the virus responsible for COVID-19, in indoor environments
• Licensed patent from Drexel University that covers methods for air disinfection and sterilization


Join Our Newsletter



By Registering, you agree that you've read and accepted our disclaimer, you're at least 18 years old, you consent to the terms presented on the disclaimer, and to receive notifications from us.