WINSTON SALEM — A startup from Winston Salem, which says it is getting ready to launch a “revolutionary” product for mothers and their babies, has raised $700,000 in debt, according to a recent securities filing.
Eleven investors contributed to the round. MOMI Brands still intends to raise another $9.3 million, according to the filing.
On the company’s website, there is one landing page which reads: “Coming in 2021, a revolutionary new product for mommies and their babies.”
MOMI Brands is co-founded by serial entrepreneur Hal Eason. He is also founder of Agilis Equity Partners, a private investment company based in Charlotte, North Carolina; and Aeva Bioscience, a pioneering research in the field of bioenergetics, studying the relationships between mitochondrial function and age-related diseases.
Eason was unavailable for comment.