Category: investments

Seeking US Expansion, Illy Sells Minority Stake to Rhône Capital

Family-owned Italian coffee giant Illycaffé (branded by the company as “illycafé”) has announced a minority sale of the company to global equity firm Rhône Capital as it moves towards...

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KC’s Messenger Coffee and The Roasterie Now Part of FairWave Holdings

Popular Kansas City, Missouri-based specialty coffee roasters/retailers The Roasterie and Messenger Coffee Company have joined as part of a new holding company called FairWave Holdings. The new business also...

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Online Coffee Subscription Company Trade Gets $9 Million Boost

Online third-party coffee seller Trade has announced a $9 million financing round led by Madrona Venture Group, and early investor in companies such as Amazon, Smartsheet, Rover, and Redfin....

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Coffee Trading Platform Algrano Grows with $4 Million Funding Round

Swiss coffee trading tech company Algrano has completed another funding round of 4 million Swiss Francs (approximately $4.04 million USD, as of this writing). The investment comes about 18...

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JAB Merges Peet’s and JDE to Form Mega Coffee Company for IPO

Peet’s Coffee is moving figuratively even further from Alfred Peet’s single storefront in Berkeley, California, with plans to join Dutch coffee giant Jacobs Douwe Egberts (JDE) in a merger...

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Ethiopia and the European Union Launch $16.5 Million Coffee Project

The Ethiopian government and the European Union have officially embarked on a €15 million (approximately $16.5 million USD), five-year program designed to boost the Ethiopian coffee sector. The program,...

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‘Molecular Coffee’ Startup Atomo Coffee Receives $2.6 Million Seed

Seattle beverage startup Atomo Coffee has received $2.6 million in seed funding for what is essentially a seedless beverage business. Atomo made headlines upon the launch of its Kickstarter...

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