Hempitecture
Hempitecture, with a valuation of $40 million, is raising funds on Wefunder. The company is building a US manufacturing facility for HempWool insulation. HempWool is a sustainable insulation product that is not toxic and bad for the environment. The company grew its sales by 50% year-over-year in 2023 and 200% year-over-year in 2024 YTD and has secured a $1.1 million contract with the New York State Energy & Research Development Authority. Matthew Mead and Tommy Gibbons founded Hempitecture in September 2018. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $5 million. The campaign proceeds will be used to accelerate code compliance testing for new product offerings, accelerate marketing efforts, add new distribution locations, increase customer acquisition rate, and purchase a second manufacturing line for the East Coast manufacturing hub.
Hempitecture, with a valuation of $40 million, is raising funds on Wefunder. The company is building a US manufacturing facility for HempWool insulation. HempWool is a sustainable insulation product that is not toxic and bad for the environment. The company grew its sales by 50% year-over-year in 2023 and 200% year-over-year in 2024 YTD and has secured a $1.1 million contract with the New York State Energy & Research Development Authority. Matthew Mead and Tommy Gibbons founded Hempitecture in September 2018. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $5 million. The campaign proceeds will be used to accelerate code compliance testing for new product offerings, accelerate marketing efforts, add new distribution locations, increase customer acquisition rate, and purchase a second manufacturing line for the East Coast manufacturing hub.
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