CLOSED
GET A PIECE OF SMART CUPS
For a Better Planet, Just Add Water
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.
$1,211,030.83 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 at 6:59 AM UTC
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
REWARDS
10%
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
JOIN THE DISCUSSION
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PINNED BY STARTUP
Christopher Lill
5 months ago
Chris, I like this concept. Are you able to speak to your existing and forthcoming patents? Thx
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Leonard Eisner
a month ago
Chris - How soon will the next funding round be. Been more than a couple weeks since your announcement.
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Minh Le
2 months ago
Why do you get $18m invested before and the valuation is still at $10m? Also, your technology is transfer beverage to powder to help saving money transporting them?
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Robert Diller
2 months ago
Are you working with TimePlast?
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Kenneth Robinson
2 months ago
How do you sign up for waitlist?
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W Kim Colich
2 months ago
Hi Chris, This current raise was a maximum of $1.235M. Will the next raise have a higher maximum? Please advise. Thanks so much. Blessings
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Jordan Wetzel
2 months ago
Since I invested in the $500 tier, when do I receive my free 10 pack of smart cups? I signed up 2 months ago. Happy to be an investor in this though. Big things going to happen.
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LD Freeman
2 months ago
Hello, in several interviews you mentioned this technology already existed in the medical space, but you "commercialized" it. Can you expand on that comment. First question, what existed before Smart Cups. What does their patent cover and what does your patent cover? Also, you mentioned this product has humanitarian use cases. However, usually in developing countries and even in disaster areas in developed countries, lack of clean water is the need. Furthermore, compound that with single use plastic (albeit biodegradable), and the delivery system of pills and powders seems to be a more efficient way to solve the problem. I know in past responses you said 3D printed is better for people who can't take pills and more consistent than powders. However, the problem exist today. So, second question, what deliver system is being used for people who can't take pills or humanitarian needs for nutrition/medicine?
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glenn pulliam
2 months 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.
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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Crowdfunding
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.
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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
4 months ago
Hello! It is quite hard to impress someone this days, but you definitely did it ) Still I have some questions. 1. What are the advantages of your method, compared to conventional lyophilisation? In general words, is it cost-, energy-effective, or more scalable? 2. From your production I see that your main activity is focused on sports drinks. Did you consider expanding to army? For example, making dayily rations? In recent times that could be a great opportunity ;) Thank you!
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