Funding Details
- Awarder
- StartEngine
- Date Award
- November 06, 2023
- Vertical
- Retail Technology
- Funding URL
- View Funding Page
- Premoney Valuation
-
$18,070,000
- Valuation
-
$40,000,000
Company Info
- Founding Year
- 2023
- Traction
- BIB Technologies has achieved an average of $10,000+ in monthly recurring revenue with their FRO UEV since April 2023. They have secured placements at prestigious locations like the Los Angeles Natural History Museum & La Brea Tar Pits.
- Revenue Amount
-
$10,000,000
- Organizations Involved
- Red Bull, PATH water, Liquid Death
- Founders
- Nanavati Low, Deloss Pickett, Steve Factor
- Company Description
- BIB Technologies develops refrigerated mobile storefronts using smart shelf technology powered by its own clean energy source. Their flagship utility electric vehicle (UEV) called AUTOMATO serves non-traditional locations within the U.S. Their technology is patent-protected, and they have collaborations with well-known brands like Red Bull, PATH water, and Liquid Death.
- Market
- Retail
- Location
-
Los Angeles,
CA,
US
- Coinvestors
- StartEngine Capital, LLC
Links