University of California-backed Congruent Ventures is among the investors in Bellwether Coffee, which is marketing an ethical coffee roasting system.
US-based coffee roaster supplier Bellwether Coffee closed a $10m series A round on Monday led by Congruent Ventures, a VC fund backed by University of California’s office of the chief investment officer.
The deal included Hardware Club, Tandem Capital, New Ground Ventures, FusionX Ventures and XN Ventures as well as angel investors Peter Rive and Lyndon Rive.
Founded in 2013, Bellwether Coffee is developing an electric coffee bean roaster for vendors looking to satiate greater public demand for fresh and…