We did it! Manta Biofuel campaign hits $1.07M max!
Hi everyone,
Over the past few days, my anticipation to deliver this update has been growing rapidly, and now I can finally hit send. We did it! Early in the morning on February 2nd, we hit the $1.07M limit.
Not only that, we saw incredible momentum going into the home stretch. Check out the screenshot below to see our weekly investment commitments:
You can see earlier in the campaign we were averaging roughly $35K in new investment per week, but starting in the early January, this bumped up to $100K per week, and last week we topped $200K. With only 2.5 days passed in this week (Sunday, Monday, and Tuesday morning) we already broke the $125K mark; if we didn’t hit our cap, this week was on track for over $350K in new investment! That's absolutely huge!
Before wrapping up, I want to address a question I’ve gotten from a lot of people:
Will Manta extend and expand our crowdfunding campaign?
The short answer is yes, we do intend to slightly increase our raise amount once the new regulations take effect. If you wish to participate, the best way to reserve a spot is by joining the waitlist. The ‘Join the Waitlist’ button has replaced the ‘Invest’ button on our campaign page, which you can find here:
https://republic.co/manta-biofuel
You can learn more about the waitlist feature at the link below:
https://republic.co/help/how-does-the-waitlist-work
I know I’ve said it a million times before, but how about one more time: we could not have done this without your support. Thank you for giving Manta the opportunity to bring our revolutionary technology to market, and make a positive impact on our environment.
If you can’t tell, I’ve had an awesome time interacting with all of you over the past 90 days, and I’m super grateful for this experience. We will continue to send out regular updates as we make progress against our goals.
As always, feel free to reach out with any questions or comments.
Onwards and upwards!
Andrew, Ryan, John, and Zach