Full information about startup SpawnX farms on Unicorns Club

19 h

50 m

39 s

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19 h

50 m

39 s

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to

Please wait, the image is uploading...

The uploaded image must not exceed 20 MB. Acceptable formats: .jpg, .jpeg, .png, .webp

SpawnX farms

SpawnX farms is a mushroom farm for anyone, helping them to start his own profitable mushroom growing business through no specific knowledge required.

Spotlight

SpawnX farms is a venture-backed startup, currently raising $1M

The startup is in the validation stage and has onboarded early users

The company is focused on Europe: West

Current funding roundRound is open

Stage

Seed

Round size

$1M

Pre-money valuation

Limited Access

Investor equity

Limited Access

Revenue in the last 12 months

Limited Access

Valuation in 4 years

Limited Access

Instrument type

Convertible NoteDebt FinancingSAFERevenue-Based Financing

Target date

Nov 2024

Growth Forecast

Limited access

This data is under wraps

Pitch

Vladimir Kaverin, CEO and Founder

On this video

Elevator pitch

12 Oct 2024

Funding readiness level

5/9

Investor-ready presentation and materials, larger funding acquired.

- There is an investor presentation (pitch deck) that has been tested and is being fine-tuned.
- Supporting material e.g. financial projections and budgets etc. are being developed
- Applications for other types of funding e.g. grants or loans are prepared and filed.
- Larger soft funding (e.g. 0.5-1 MSEK is achieved)
- Insight into the basics of equity financing and willingness to consider it, i.e. no major fear of losing control/ownership.

team Readiness Level

4/9

Essential competencies in place, recruitment underway.

- A champion (driver and committed to take the project forward) is present in the team
- Several, but not all, competencies necessary are present, typically multiple individuals in team.
- A plan is in place and initiated to recruit persons with defined needed skills (described e.g. in a requirement profile). Activities initiated for ascertaining key resources in e.g. partnerships.
- The team has started discussions on ownership as well as roles and commitment going forward

Team Background

Background:

Not applicable

Meet the Team

Co-Founder

Vladimir Kaverin

CEO (Chief Executive Officer)

Co-Founder

Vladimir Kaverin

CEO (Chief Executive Officer)

Key metrics & Growth Rate

Revenue

Paid users

All users

Limited access

This data is under wraps

ABOUT

Demo

10 Sep 2024

SpawnX farms is a mushroom farm for anyone, helping them to start his own profitable mushroom growing business through no specific knowledge required.

We are developing modular automated mushroom farms that are suitable for any climate and any industrially grown mushroom type with lowest net cost of produced mushrooms possible.

Details

Industries

AgricultureBiotech and pharmaceuticalsFood / BeverageHardwareClimate

Start date

1 Jan 2019

Company location

Austria

Country where most of the founders are currently located

Austria

Website

spawnx.at

STARTUP READINESS LEVEL

7/9

Validating revenue model

With revenue generation underway and a core team in place, we're experimenting with pricing and revenue streams to align with market demand, focusing on sustainability and scalability.

business Readiness Level

4/9

Complete initial business model including revenues/costs.

- There is a full business model in canvas format incl. details on possible revenues/costs.
- First economic projections with numbers to show the market potential and economic viability (bottom-up calculations based on projections/guesstimates on volumes, prices etc)
- Assessed feasible Share Of Market based on e.g. barriers to entry incl. competition
- Made a competitive analysis on your position and uniqueness/differentiation vs them.

Marketing

Marketing strategy

Limited Access

Channels

Limited Access

IP Protection Readiness Level

4/9

Verified IPR protection feasibility and business relevance.

- Confirmed novelty and patentability through searches/analysis by professional
- Confirmed possibilities for protecting other forms of IPR
- Possibly filed “provisional” patent application i.e. not professionally drafted and complete
- Analyzed (ideally with professional) the key IPR and what the priorities should be for what to protect (e.g. patent). Decided on alternative forms of protection if patents are not suitable.

customer Readiness Level

6/9

Product benefits validated via partnerships/customer tests.

- Testing of product by customers/users where the value and benefits of the product is confirmed (validated problem-solution fit).
- Partnerships formed with key stakeholders in value chain (e.g. partners, pilot customers).
- Initiated structured business development/sales activities. First sales process/roadmap defined

Customers geography

followed by:

bages:

No achievements or badges added yet

21 key updates

Last updated: 12 October 2024

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to 350 Sparks

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to 350 Sparks

SpawnX farms

Spotlight

SpawnX farms is a venture-backed startup, currently raising $1M

The startup is in the validation stage and has onboarded early users

The company is focused on Europe: West

Current funding roundRound is open

Stage

Round size

Pre-money valuation

Investor equity

Revenue in the last 12 months

Valuation in 4 years

Instrument type

Target date

Growth Forecast

Pitch

Vladimir Kaverin, CEO and Founder

Funding readiness level

5/9

Investor-ready presentation and materials, larger funding acquired.

team Readiness Level

4/9

Essential competencies in place, recruitment underway.

Team Background

Background:

Meet the Team

Vladimir Kaverin

Vladimir Kaverin

Key metrics & Growth Rate

Revenue

Paid users

All users

ABOUT

Details

Industries

Start date

Company location

Country where most of the founders are currently located

Website

STARTUP READINESS LEVEL

7/9

Validating revenue model

business Readiness Level

4/9

Complete initial business model including revenues/costs.

Marketing

Marketing strategy

Channels

IP Protection Readiness Level

4/9

Verified IPR protection feasibility and business relevance.

customer Readiness Level

6/9

Product benefits validated via partnerships/customer tests.

Customers geography

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to