This summary is generated by an algorithm. If you find any mistakes, let us know.

Coffee Consumer Electronics E-Commerce Food and Beverage North America

Bruvi Raises $7M in Pre-Series A Funding

– Bruvi is a Los Angeles, CA-based multi-beverage and multi-brand single-serve coffee system.
– The company raised $7m in pre-series A funding.
– Investors included high net worth individuals, family offices as well as entrepreneurs represented by The Merchant Club.
– Additionally, venture capital funds include Terpsi Capital, 9Yards Capital, Cambridge Companies SPG, Miroma Ventures and M1 on behalf of BIA, a food and coffee conglomerate in the Americas.
– The company intends to use the funds to pay for manufacturing, software development, brewer inventory and digital advertising expenses, as it prepares for pre-orders in November 2021 and national launch in Q1 2022.

Source
Coffee Food and Beverage North America

Compound Foods brews up $4.5M to make coffee without beans

– Compound Foods is a synthetic biology company that creates coffee without coffee beans.
– The company raised $4.5m in seed funding.
– Backers include Chris Sacca’s climate fund Lowercarbon Capital, SVLC, Humboldt Fund, Collaborative Fund, Maple VC, Petri Bio and angel investors like Nick Green, CEO of Thrive Market.

Source
Coffee Food and Beverage North America Restaurants Retail Robotics

Botrista Closes $10M Series A Funding

– Botrista Technology, a San Francisco CA-based robot-barista company, raised $10M in Series A funding.
– The round was led by Purestone Capital and La Kaffa International with participation from Sony Innovation Fund, Middleby Corporation (NASDAQ: MIDD), and PIDC.
– The company intends to use the funds to further ramp up deployment operations to roll-out the DrinkBot nationally.

Source
Coffee E-Commerce Food Processing North America Retail Subscription Service

Seattle startup Bean Box raises $2.4M as pandemic fuels demand for specialty coffee at home

– Bean Box, a Seattle startup that delivers premium coffee from independent roasters, has raised $2.4m in new funding as part of a Series A round.
– The round was led by Kirby Winfield’s Ascend.VC, with a number of other current investors participating.
– Bean Box previously raised $3.2m in seed financing.
– The startup will use the new cash for strategic growth — investing in its coffee subscription business and hiring senior leaders in marketing, engineering and operations.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: