Ember Closes $23.5M Series E To Accelerate Category Expansion And International Growth

Dec 01, 2021•over 3 years ago

Amount Raised

$23.5 Million

Round Type

series e

Los Angeles

Description

Today, Ember Technologies, Inc. (Ember®), the global temperature control brand and technology platform, announces a $23.5 million Series E funding round led by GOLDTek Technology, a subsidiary of Foxconn Technology Group, alongside Singapore-based global investor EDBI, and additional new and returning private investors. The Company intends to use the funds to develop new product categories under its healthcare and consumer verticals, including the disruptive new Ember Cold Chain Technology, which will transport temperature-sensitive medicines. The capital will also help to scale the brand further internationally.

Company Information

Company

Ember Technologies

Location

Los Angeles, California, United States

About

Ember is a global temperature control brand and technology platform whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember creates, designs, and develops temperature control products that offer people complete customization. The award-winning Ember Travel Mug and Ember Mug are the most advanced coffee mugs on the market, allowing individuals to set and maintain their preferred drinking temperature for hot beverages. For more information, visit ember.com and connect with us on Facebook.com/ember, Instagram.com/ember, and Twitter.com/ember_tech. SOURCE Ember

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Ember Closes $23.5M Series E To Accelerate Category Expansion And International Growth

Description

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Funding Insights

Company Information