Stanley Ventures participated in a series A round for Bartesian, which has created an intelligent cocktail maker and which is backed by Beam Suntory.

Bartesian, the US-headquartered developer of a smart cocktail maker, received $20m in series A funding yesterday from investors including Stanley Ventures, the corporate venturing arm of toolmaker Stanley Black and Decker.

Venture capital firm Cleveland Avenue led the round, which also featured undisclosed existing investors.

Founded in 2014, Bartesian has created a cocktail maker that can make some 40 different cocktails using flavour capsules which contain real juices, bitters and natural extracts.

The company received early funding from hardware accelerator…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.