GET A PIECE OF SMART CUPS
For a Better Planet, Just Add Water
$1,231,195.86 Raised
REASONS TO INVEST
Our revolutionary packaging enables liquidless transportation of consumer packaged products, reducing carbon emissions. Our UCLA, collaboration showcases our transformative tech, featuring 90% less packaging & is 57% lower global warming potential.
Smart Cups has gained popularity since its launch and has been featured in major outlets such as Time Magazine, Gordon Ramsay’s Food Stars on Fox, ABC 7, and Forbes.
Smart Cups is led by CEO Chris Kanik (25+ yrs scientific research), COO Owen Dolan (10+ yrs medical device industry), and Director of Engineering Bill Davidson (8 patents in aerospace & nano-technologies).
Smart Cups, Inc. is in discussions with lenders to potentially take out one or more new loans which may occur while this Regulation Crowdfunding offering is live. For further information on the details of the contemplated loan or loans, please see the Risk Factors and Indebtedness sections of the Offering Memorandum which is linked below.
THE PITCH
Introducing a Truly Sustainable Printed Beverage
*This statement is based on the Smart Cup’s research and third party reports, some examples available here (source, source, source)
At Smart Cups Technology, we offer a revolutionary solution to the problem of excessive packaging and shipping waste associated with traditional liquid-based products. Commercially known as the "World’s First Printed Beverage," our patented delivery system platform creates sustainable consumer packaged products by eliminating liquid through the use of novel microencapsulation printing. With patented technology, over $18 million already raised, and features in major publications such as Time Magazine, Gordon Ramsay’s Food Stars on Fox, ABC 7, and Forbes, we are ready to reduce economical and environmental costs with our innovative line of products.
THE PROBLEM & OUR SOLUTION
Increased Shipping Efficiency with 3-D Printing
The global transportation sector is a major source of pollution, emitting 7.3 billion metric tons of carbon dioxide in 2021 alone (source). Traditional liquid-based consumer products present particular environmental and practical challenges due to their shipping weight and space.
We designed our 3-D printing technology to eliminate the need for shipping water, lowering shipping space and weight, saving costs, and reducing carbon footprint for liquid shipments. Our precise dosing reduces the likelihood of user error and ensures consistent product performance. Our technology also provides bioavailability advantages, improving the effectiveness of the active ingredients in the products.
THE MARKET & OUR TRACTION
Reshaping a Major, Fast-Growing Industry with Our Patented Technology
The global functional beverages market size was valued at $140.87 billion in 2022 and is predicted to grow to $279.4 billion by 2030 at a CAGR of 8.94% (source). We plan to disrupt the functional beverage market by enabling companies to introduce new and improved functional beverages with enhanced flavors, dosing accuracy, and convenience at reduced shipping costs, all the while lowering environmental impacts.
Since our launch, we have achieved the following milestones:
- Built a portfolio of patents for our innovative technology
- Raised $18 million in previous funds
- Won multiple awards, including Time Magazine’s Best 100 Innovations of 2021 and California Small Business of the Year in 2020
- Featured in Forbes, ABC 7, Joe Rogan, and our CEO Chris Kanik represented Smart Cups on Gordon Ramsay’s Food Stars
WHY INVEST
A Disruptive Innovation with a Positive Global Impact
We are a young, innovative company rethinking the beverage industry. Our focus on health, convenience, and environmental responsibility sets us up to become a major player in the beverage market, offering a range of drinks that are both delicious and sustainable. With this raise, we plan to fulfill purchase orders, continue product development and R&D, and grow our operational and leadership teams. Join us as we launch our truly sustainable and efficient technology for a cleaner, smarter future for our world.
ABOUT
HEADQUARTERS
25732 Taladro Circle
Mission Viejo, CA 92691
WEBSITE
View Site
Smart Cups Technology is a patented delivery system platform that creates sustainable consumer packaged products by eliminating liquid through the use of novel microencapsulation printing. The company was granted a patent for its technology and previously raised $10 million.
TEAM
Chris Kanik
Founder, CEO, Secretary, Treasurer, Director
Chris has extensive technical, chemical, and engineering experience since joining the Stevens Institute of Technology at age 12 and the Nutritional Sciences Department at Rutgers University at the age of 14.
Chris currently devotes nearly all of his working hours towards Smart Cups and spends less than 2 hours per week working as Head of Science and Formulation for TR Processing.
Owen Dolan
Chief Operating Officer
Bill Davidson
Director of Engineering
Matthew Bottomly
Intellectual Property Attorney
Matt's previous experience includes working in an AmLaw 200 firm, working in-house at a consumer electronic company and an entertainment company, founding an IoT device start-up, and working as a patent examiner at the United States Patent and Trademark Office.
TERMS
Smart Cups
Overview
PRICE PER SHARE
$0.65
DEADLINE
Oct 6, 2023
VALUATION
$10.65M
FUNDING GOAL
$15k - $1.23M
Breakdown
MIN INVESTMENT
$249.60
MAX INVESTMENT
$500,000.15
MIN NUMBER OF SHARES OFFERED
23,076
MAX NUMBER OF SHARES OFFERED
1,899,999
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Class A Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives & Perks*
Perks:
Time-Based Perks
Friends and Family - Invest within the first 72 hours and receive 15% bonus shares
Super Early Bird - Invest within the first week and receive 10% bonus shares
Early Bird Bonus - Invest within the first two weeks and receive 5% bonus shares
Volume-Based Perks
Tier 1 Perk
Invest $500+ and receive 10-pack of Smart Cups Energy
Tier 2 Perk
Invest $1,000+ and receive Smart Cups Energy Bundle
Tier 3 Perk
Invest $5,000+ and receive Smart Cups Energy Bundle, Hat, T-Shirt and Smart Keeper
Tier 4 Perk
Invest $10,000+ and receive Smart Cups Energy Bundle, Hat, T-Shirt and Smart Keeper Plus Zoom Call with Founder Chris Kanik + 5% bonus shares
Tier 5 Perk
Invest $25,000+ and receive Everything above plus first ones to receive new products before they are launched + 10% bonus shares
Tier 6 Perk
Invest $50,000+ and receive Everything above Smart Facility Tour with Chris Kanik. Opportunity to experience all Smart Cups Technology R&D pipeline applications first hand + 15% bonus shares
Loyalty Bonus | 10% Bonus Shares
All who reserve their shares in this Reservations Page will receive 10% bonus shares at the time of Smart Cups' launch.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
*Crowdfunding investments made through a self-directed IRA cannot receive perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those perks because they would be receiving a benefit from their IRA account.
The 10% StartEngine Owners' Bonus
Smart Cups, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 1,000 shares of Class A Common Stock at $0.65 / share, you will receive 1,100 shares Class A Common Stock, meaning you'll own 1,100 shares for $650. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.
PRESS
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$249
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
$500
Tier 1 Perk
Invest $500+ and receive 10-pack of Smart Cups Energy
$1,000
Tier 2 Perk
Invest $1,000+ and receive Smart Cups Energy Bundle
$5,000
Tier 3 Perk
Invest $5,000+ and receive Smart Cups Energy Bundle, Hat, T-Shirt and Smart Keeper
$10,000
Tier 4 Perk
Invest $10,000+ and receive Smart Cups Energy Bundle, Hat, T-Shirt and Smart Keeper Plus Zoom Call with Founder Chris Kanik + 5% bonus shares
$25,000
Tier 5 Perk
Invest $25,000+ and receive Everything above plus first ones to receive new products before they are launched + 10% bonus shares
$50,000
Tier 6 Perk
Invest $50,000+ and receive Everything above Smart Facility Tour with Chris Kanik. Opportunity to experience all Smart Cups Technology R&D pipeline applications first hand + 15% bonus shares
JOIN THE DISCUSSION
0/2500
PINNED BY STARTUP
Christopher Lill
2 months ago
Chris, I like this concept. Are you able to speak to your existing and forthcoming patents? Thx
2
0
glenn pulliam
2 days ago
I find this an amazing product and I am proud to count myself as an investor. I read that you will be going into pharmaceutical and I feel this is a step in a good direction. There are many children, as well as older adults, who have a hard time swallowing pills and with this delivery system, possibly with added organic flavoring to help, I think it will revolutionize the pill industry. This would be a great help in nursing homes, as well as home hospice and hospitals, for prescription meds as well as vitamin supplements. There are unlimited possibilities for Smart Cups in helping with medications/vitamins, including local pharmacies and OTC items. Impoverished nations will also benefit from this. Thank you for creating something great that can help the world.
1
0
Majed Alblooshi
2 days ago
Hello!
This is impressive and something unique but I have a question, are you planning to target on the health sector by making all the medicine in smart cups? That will make it easier for many People as there is so many people who find it hard to take pills and it will be much easier for the kids as well.
1
0
Gary Kempa
2 days ago
So now that you have reached your investment goals, what is the plan moving forward. As an investor, I would like to know your strategies in growing the company and sales figures. ty Gary K
1
0
Austin Hinsley
12 days ago
I was invested and now my shares are gone, what happened? Was I forced out for some reason?
2
0
Adam Fowler
14 days ago
Finally saw the last episode and when I looked into purchasing, I was more interested in investing presented the opportunity. I hope you open up the wait list to allow more investors soon! :)
1
0
Gregorio Mallon
18 days ago
Hi, will or when the shares be proceeding into the Stockmarket?
Thanks, Gregory
1
0
Charlene Hanlon
21 days ago
hi I was talking about smartcups with some friends, a question came up as what is the difference between your technology and instant packets that you pour into water?
1
0
Cliff Brown
23 days ago
Hey Chris,
Congratulations on your success, I am currently on the waitlist to invest. My immediate thoughts were while on this ride have you already planned out opening up production in other countries (similar to Coke)…. Having Gordon Ramsey as an ambassador could be very advantageous or partnering in any way to have him serve smart cups in his restaurants or fellow chefs? The possibilities are limitless. Regardless if I get through the waitlist or not, I believe in this product and excited to see where it goes!
1
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
PINNED BY STARTUP
Andrii Pryskoka
2 months ago
1
0