Teforia Lands $5,100,000 Seed Funding

  • Feed Type
  • Date
    12/4/2015
  • Company Name
    Teforia
  • Mailing Address
    465 Fairchild Dr. Mountain View, CA 94043 USA
  • Company Description
    Teforia elegantly blends the rich tradition of tea with technology to create the perfect modern tea experience. Teforia uses their proprietary Selective Infusion Process (“SIP”) technology and smart packaging to automatically determine the best taste and composition of each type of tea, creating the perfect cup each time.
  • Website
    http://www.teforia.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,100,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    None of the pre-order money will go into the manufacturing process for the second batch. Instead, the new round will help in building out those machines, for research and development endeavors and to growing the team.
  • M&A Terms
  • Venture Investor
    Upfront Ventures
  • Venture Investor
    Lemnos Labs
  • Venture Investor
    PreAngel
  • Venture Investor
    InnoSpring
  • Venture Investor
    Undisclosed

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