Company Profile (AI Text)
Name: ASTRALABS 🚀
Canonical URL: https://wefunder.com/al-bankruptcy
Updated at: 2026-06-02T05:00:08Z

Tagline: AL has filed for bankrutpcy. See BC court for more details.

Key claims:
- Total raised on Wefunder: 2662830 | citation: https://wefunder.com/al-bankruptcy#claim-total-raised
- Total investors: 2578 | citation: https://wefunder.com/al-bankruptcy#claim-total-investors

Verified facts:
- Total raised on Wefunder: 2662830 | observed_at: 2026-06-02T05:00:08Z | expires_at: 2026-06-03T05:00:08Z
- Total investors: 2578 | observed_at: 2026-06-02T05:00:08Z | expires_at: 2026-06-03T05:00:08Z

Computed metrics:
- total_amount_raised: 2662830
- total_investors: 2578
- team_size: 1
- featured_investor_count: 0
- faq_count: 5
- recent_post_count: 0

Quick facts:
- Astralabs has filed for bankruptcy. | citation: https://wefunder.com/al-bankruptcy#claim-fact-1
- Please direct all questions to the bankruptcy court. | citation: https://wefunder.com/al-bankruptcy#claim-fact-2

FAQ:
- Q: Cool. So we get future shares, how does that work exactly, I couldn’t really understand it when I read wefunder. Do we just sell the shares in the future?
  A: SAFE stands for Simple Agreement for Future Equity. If you invest in our SAFE, there is an agreement between you and Newchip where you have the right to receive equity (shares) at a valuation cap or discount at a future conversion event. Wefunder has a great page on SAFE's here as well as there is the original explanation by Y-combinator: https://wefunder.com/faq/securities https://www.ycombinator.com/docs/SAFE_Primer.rtf
- Q: How would you describe your differentiation from platforms such as AngelList, Funders Club, and SeedInvest?
  A: The difference between Newchip and the platforms you listed is that Newchip aggregates all the crowd investing offerings into one place. You can think of it as similar to the Kayak/Priceline platforms, where you can find all the flights from all the airlines in one place where you choose what is best for you on one site instead of having to go to every single airline site. Additionally, instead of having to keep track of all your investments across 40+ different platforms you can just check y...
- Q: How do you source your deals for the companies listed on Newchip? What is the benefit to companies that list directly with Newchip (if they do) and what is the benefit to Newchip? Does Newchip receive a commission of investment aggregated?
  A: 1. We partner with crowd investment and funding platforms whom source and launch issuers on their platforms, which we then connect to our users on our platform via data API's. 2. We do have Reg A+ companies that list directly with Newchip based on a monthly advertising fee with month to month renewal as well. 3. Newchip does not receive a commission at this time but plans to get a license to do so in the future.
- Q: Is it possible to invest as a SPV to reach the minimum threshold investment for pro rata rights?
  A: It should be fine! Best to email Wefunder to ask to be sure!
- Q: For the early bird bonus - does that end on 6/24 at 11:59pm? And will the effect of that be the discount changing from 75% to 10%?
  A: There is no time limit on the early bird bonus. It ends when the $250k maximum has been reached. Just to be clear here- there is an important distinction to be made between the discount and the discount rate. A discount functions just like a retail store coupon that says “get 10% discount on the retail price,” which means to subtract 10% from the original price. A discount rate, on the other hand, is saying it in reverse: “pay 90% of the retail price.” So to have it more clearly define you ca...