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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The Cumulus Coffee Company has received $20.3 million in funding and is introducing the “world’s first solution for making premium cold brew at home in a matter of seconds”.
The seed funding round was led by Valor Siren Ventures (VSV) and Valor Equity Partners (VEP) with participation from various investors.
Cumulus’ cold brew machine uses recyclable aluminium capsules to deliver a 10-ounce cold brew, a nitro cold brew and a “first-of-its-kind” cold-pressed espresso in under 45 seconds. The company claims that the technology in the cold brew machine will make cold beverages without any ice, and the nitro cold brew will not require a large nitrogen gas tank.
