Carbon - Due diligence #109
Description
Carbon
Team
Connor Lin (Co-founder) - Sep 2017 - Present | Linkedin profile | Twitter
- ConsenSys | Token Foundry - Sep 2017 - Nov 2017
- Riley Corporation | Founding Team - Feb 2017 - Jul 2017
- Flutter | Co-Founder - Dec 2015 - Jan 2017
Gavin Mai (Founder) - Sep 2017 - Present | Linkedin profile | Twitter
- Uber | Machine learning intern - Jun 2017 - Sept 2017
- SalesforceIQ | Apr 2017 - Jun 2017
Miles Albert (Founder) - Jan 2018 - Present | Linkedin profile | Twitter | Github
- Hashgraph | Early team member - Sep 2017 - Jan 2018
Samuel Trautwein (Founder) - Sep 2017 - Present | Linkedin profile | Twitter
- Self-employed contractor | Apr 2015 - Jan 2018
Mike Miller (Designer & Developer) - Sep 2015 - Present | No Linkedin profile | Twitter | Personal site | Github | Stack Overflow | Resume
Advisors
- Michael Karnjanaprakorn | Linkedin profile | Twitter | Personal site | Facebook
OFAC Check ✅
Source: OFAC Search Tool
Funding Rounds
Seed Round | Equity | April 12, 2018
Federal Exemption and Exclusion Claimed:
Rule 506(b)
The company cannot use general solicitation or advertising to market the securities.
The company may sell its securities to an unlimited number of "accredited investors" and up to 35 other purchasers. All non-accredited investors, either alone or with a purchaser representative, must be sophisticated—that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment.
Companies must decide what information to give to accredited investors, so long as it does not violate the antifraud prohibitions of the federal securities laws. This means that any information a company provides to investors must be free from false or misleading statements. Similarly, a company should not exclude any information if the omission makes what is provided to investors false or misleading. Companies must give non-accredited investors disclosure documents that are generally the same as those used in Regulation A or registered offerings, including financial statements, which in some cases may need to be certified or audited by an accountant. If a company provides information to accredited investors, it must make this information available to non-accredited investors as well.
The company must be available to answer questions by prospective purchasers.
Type of Securities Offered: Equity
Minimum investment accepted from any outside investor: 0 USD
Offering and Sales Amounts:
- Total Offering Amount $2,034,900
- Total Amount Sold $1,424,900 USD
- Total Remaining to be Sold $610,000 USD
Total number of investors who already have invested in the offering: 24
Source: SEC Form D - 12 April 2018
Company
Carbon-12 Labs, Inc
File Number: 6653737
Incorporation Date / Formation Date: 8 December 2017
Entity Kind: Corporation
Entity Type: General
Residency: Domestic
State: Delaware
Office Address:
435 West 31ST Street, APT 57K
New York
NY 10001
Phone Number: +1 (925)268-0934
Registered Agent Information:
CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON
New Castle County
Delaware 19808
USA
Directors
- Connor Lin | Executive Officer, Director
- Gavin Mai | Executive Officer, Director
- Miles Albert | Executive Officer, Director
- Samuel Trautwein | Executive Officer, Director
Source: Delaware entity search
Smart contract
- N/A
Github
- N/A | Private repo
Telegram chat 17 Jan 2018:
Commits
Product
- N/A
Telegram chat 13 Jan 2018:
Vesting
- N/A
Additional info
Telegram chat 13 Jan 2018:
Token distribution
- N/A
Token allocation
- N/A
Flags
Real Team: ✅
GitHub: - Private repo
Smart Contract: - N/A
Working Product: - N/A
+2 yr Vesting for team: - N/A
Have a company: ✅
Transparent: -
IcoCheck
- Added to icocheck.io
- Discuss this project and others on ICO Check Telegram Group chat https://t.me/checkico