YASAI, a vertical farming company based in Switzerland, has unlocked a crowd investing. Others can now get a slice of YASAI, no matter what the budget is. "We recommend going for it, while it's fresh," the team states.
During pre-registration, YASAI has said to have raised € 1,19 million with 170 investors. It's way much than they expected as it exceeded their goal by 40%.
The YASAI team
"With your investment, you will enable us to extend our production capacity and take our team to the next level. Thank you so much for your support. Let’s go vertical together!" the team added.
Market potential
According to Crowdcube, YASAI was pre-revenue in 2021 generating a €-1.14m loss. On the market since January 2022, we are available in 80 stores in Switzerland's #1 retailer (COOP). Demand from prospective customers exceeds our estimated current maximum output capacity (20T) by 2.8x, confirming the appetite for our products. Producing 7/365 regardless of weather conditions, we want to offer a robust alternative to food imports in the country (48% for herbs) and become a leader in the €240m revenue p.a. herbs market (CAGR: 4.5%).
Small sidenote, Citizens of USA, Canada, and Japan are not allowed to invest, as Crowdcube isn't regulated in these countries.
For more information:
YASAI
Mark Essam Zahran, CEO
mark@yasai.ch
www.yasai.ch