Spinn, which offers an associated coffee marketplace that unites hundreds of roasting companies in the United States, said the investment would be used to accelerate growth and meet pre-orders for Spinn machines. The San Francisco-based company began accepting pre-orders in 2016.
Existing Spinn investors, led by Amazon Alexa Fund and Bar 9 Companies, are also involved in this funding round of $ 20 million. Chicago’s other Bar 9 investments in the coffee space include holding companies La Marzocco, edit bar, Dark matter coffee and Odeko.
The Spinn Brewer, first presented by Daily Coffee News in 2015, uses proprietary brewing technology that integrates centrifugal force into the brew chamber. The company claims the brewer can produce hundreds of types of hot, espresso-like and cold drinks, one serving at a time, with the push of a button on a mobile app or on the machine itself.
The company claims that the machine’s built-in conical burr grinder with DC motor can adjust to grind coarseness between 35 and 220 microns with 95% accuracy to suit virtually any style of beverage in the industry. Coffee. The whole bean coffee tank is 42.2 fluid ounces, while the water tank is 57.5 fluid ounces.
Through the Spinn Marketplace, users can pair with coffees from local roasters for individual purchases or for automatic ordering. The company also makes broad sustainability claims about the machine, with the most common refrain being that it doesn’t involve single-use pods that can end up in landfills.
Nick Brown is the editor of Daily Coffee News by Roast Magazine.