After securing $20.3 million in funding, Cumulus Coffee Company has revealed the “world’s first solution for creating premium cold brew at home in a matter of seconds.”
The firm secured $20.3 million in seed funding, spearheaded by Valor Siren Ventures (VSV) and Valor Equity Partners (VEP), along with participation from diverse investors.
Utilizing recyclable aluminum capsules, Cumulus’ cold brew machine can produce a 10-ounce cold brew, nitro cold brew, and a groundbreaking cold-pressed espresso in less than 45 seconds. This achievement is made possible through advanced technology and the application of world-class expertise in the science and artistry of coffee.
The company asserts that the technology within the cold brew machine enables the creation of cold beverages without the need for ice, and the nitro cold brew can be produced without relying on a bulky nitrogen gas tank.
Mesh Gelman, founder and CEO of The Cumulus Coffee Company, said, “Our team of experts across coffee, technology, and design has worked tirelessly to bring the sacred ritual of enjoying delicious, hand-crafted cold coffee into the home in a way that’s never been done before. The cold coffee market is enormous, with 75% of American café drinkers now preferring cold over hot beverages.”
Jon Shulkin, co-president of VEP and fund manager for VSV commented, “The nitro cold brew coffee market is one of the fastest growing in the coffee space. We believe that the Cumulus team, through many years of research, has created an exciting new product for nitro cold brew coffee drinkers. We are grateful to partner with Mesh and the Cumulus team as they achieve their vision of creating an at-home high-quality nitro cold brew coffee experience that is as easy as making hot coffee.”