Spinn Secures $20M In Funding To Modernize Coffee Discovery &Amp; Brewing

Jul 26, 2021•almost 4 years ago

Amount Raised

$20 Million

Los Angeles

Description

SPINN, the hardware-enabled coffee marketplace redefining the home coffee experience, has announced a $20 million funding round led by Spark Capital, with Amazon’s Alexa Fund, Bar 9 Ventures and existing investors participating. The funding will enable SPINN to accelerate growth, further develop its patented brewing technologies, and complete delivery of outstanding pre-orders.

Company Information

Company

Spinn

Location

Los Angeles, California, United States

About

Spinn is a hardware-enabled coffee marketplace. Spinn uses centrifugal force to make a cup of coffee and owns a broad patent portfolio for that technology. Spinn is the only company in the world that spins fresh ground coffee, making the quality of the coffee significantly better. Spinn technology makes Espresso style coffee, Americano, Drip/Filter, Cold brew and other coffee styles in one machine by adjusting the speed of spinning and recipes generated by the roaster network. Spinn does not use pods or filters and is a sustainable solution.

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

Spinn Secures $20M In Funding To Modernize Coffee Discovery &Amp; Brewing

Description

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Funding Insights

Company Information