Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Research
Coffee & tea
Funding
Melitta Group invests €100m in Bremen coffee roasting expansion
The Melitta Group has announced plans to invest more than €100 million into its coffee production site in Bremen, Germany, as part of its long-term growth and internationalisation strategy.
Drip Water targets $5m raise to accelerate US expansion
Drip Water is seeking to raise between $3 million and $5 million through convertible bridge notes to support its US expansion strategy following a series of sports partnerships and retail launches across the American market.
Atlantic Grupa takes minority stake in Waterdrop with €11m investment
Atlantic Grupa has invested €11 million in hydration brand Waterdrop, acquiring a minority stake and securing a seat on the company’s investment committee.
Green Coffee raises $5m as retail investor base expands alongside US growth
Green Coffee Company, a US-based coffee firm with operations in Colombia, has closed a $5 million Regulation Crowdfunding (Reg CF) campaign hosted on DealMaker’s platform, attracting more than 2,000 retail investors across the United States.
McWin invests €5m in coffee subscription platform Incapto as part of €10m funding round
McWin Capital Partners has made a strategic investment in Incapto, a coffee-as-a-service platform targeting both households and businesses.
Tenzo secures $5m Series A extension to scale hospitality analytics platform
Tenzo, a real-time data and analytics platform for hospitality operators, has secured a $5 million first close of its Series A extension round, led by Edge VC.
Unity Coffee raises £2m to scale app-led automated coffee platform
Unity Coffee has raised £2 million in its second funding round, as the automated retail start-up looks to scale its app-led coffee model following pilot trials in London.
Blank Street in early talks to raise over $100m – FT reports
Café chain Blank Street is in early-stage discussions to raise more than $100 million in fresh funding as it looks to accelerate expansion, according to the Financial Times.
Coca-Cola system to invest $1bn in South Africa by 2030
The Coca-Cola system in South Africa plans to invest ZAR 17.6 billion (approx. $1 billion) in the country by 2030.
Chobani to invest $567m in US expansion of La Colombe RTD coffee facility
Chobani is investing $567 million to expand its La Colombe ready-to-drink (RTD) coffee facility in Norton Shores, Michigan, as demand for RTD lattes continues to grow.
Foreverland raises €6m to expand cocoa-free chocolate internationally
Italian food-tech start-up Foreverland has raised €6 million in funding to support the international expansion of its cocoa-free chocolate alternative, Choruba.
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