AI & Enterprise
TheVentures makes pre-A investment in beanless coffee alternative brand SANS
TheVentures said on Jan. 12 it made a pre-A round investment in Wake, a foodtech startup that operates the beanless coffee alternative brand SANS. Co-investors included Shinsegae Group CVC Signite Partners. TheVentures said coffee-belt production fell 31 percent over the past five years and bean prices hit a 50-year high. It said Wake has differentiated technology to deliver a high-quality coffee experience without beans.
