Spinn, which offers an associated coffee marketplace that features hundreds of United States roasting companies, said the investment will be used to accelerate growth and to fulfill pre-orders for Spinn machines. The San Francisco-based company began accepting pre-orders in 2016.
Existing Spinn investors, the Amazon-led Alexa Fund and Bar 9 Ventures, are also involved in this $20 million funding round. Chicago-based Bar 9’s other investments in the coffee space include portfolio companies La Marzocco, Modbar, Dark Matter Coffee and Odeko.
The Spinn brewer, first featured by Daily Coffee News in 2015, involves proprietary brewing technology that incorporates centrifugal force within the brewing chamber. The company says the brewer can produce hundreds of hot, espresso-like and cold brew drink types one serving at a time through the push of a button on a mobile app or the machine itself.
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The company says the machine’s built-in conical burr grinder with DC motor can adjust to grind coarseness between 35-220 microns within 95% accuracy to accommodate virtually any coffee drink style. The whole bean coffee reservoir is 42.2 fluid ounces, while the water reservoir is 57.5 ounces.
Through the Spinn marketplace, users can be paired with coffees from local roasters for individual purchases or for auto-ordering. The company also makes broad sustainability claims about the machine, with the most common refrain being that it does not involve single-use pods that may end up in landfills.