A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $9M eventually.
Kitchenery has a forward-thinking approach to IoT and smart home technology. I love the deep technical ability of this team and bootstrapping DNA.
Their proven and patented wireless power transfer technology for small kitchen appliances not only enhances the user experience but also opens up new opportunities for Saas models: data collection and analysis. Their smart connectivity capabilities enable seamless integration and control of multiple appliances, creating a truly connected and efficient kitchen environment. Additionally, the Kitchenery's long-term focus on data analytics allows for a deeper understanding of consumer usage patterns and preferences, leading to even more personalized and innovative products in the future. I believe that Kitchenery's technology will play a major role in shaping the future of smart kitchens.
I invested in Kitchenery because of their innovative wireless power transfer technology for small kitchen appliances, which has the potential to dramatically change the way we use and interact with our kitchen appliances. They have developed proven cordless tech and now the team is preparing for GTM in the recreational and hospitality industries.