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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Coffee & tea
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funding round
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.
Just Ice Tea raises $9m Series B to support retail expansion and new flavours
Just Ice Tea has raised $9 million in Series B financing to accelerate national retail growth and product innovation, including the launch of Watermelon Lime White Tea and Peach White Tea.
TrueStart Coffee secures Series A investment led by JamJar
UK coffee brand TrueStart Coffee has secured a Series A investment led by JamJar Investments, the consumer-focused investment firm behind Innocent Drinks.
Coco5 secures $10m to accelerate growth and expand beyond sports drink category
Coco5, a coconut water brand backed by professional athletes, has closed a $10m funding round as it looks to expand beyond the traditional sports drink aisle.
Athlete investors back Waiākea as latest round raises $11m
A company spokesperson told Refreshment that the latest round raised $11 million in total, with McMillan, Williams and Grant contributing alongside other investors. Individual investment amounts were not disclosed.
Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion
Lucky Energy has closed an oversubscribed $25 million Series B funding round led by Paine Schwartz Partners, with participation from North Fifth Services, LLC, Sequel and Joyance Partners, alongside existing investors.
Boost raises €16m in Series B to expand unattended retail tech globally
Boost has secured €16 million in Series B funding to support its international expansion and product development in the unattended retail sector.
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