Berkeley-based coffee company Bellwether Coffee has secured $40 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Sept. 4 and led by DBL Partners.
According to its Crunchbase profile, "Headquartered in Berkeley, California, Bellwether Coffee is making coffee roasting more accessible, and more sustainable for the environment and our communities. With the most consistent and controllable roaster available, Bellwether’s customers — from large brands to small neighborhood cafes — are in complete control of their coffee offerings using the electric, ventless, zero-emissions, award-winning Bellwether Roaster and intuitive roasting software. Bellwether Coffee is the recipient of the Best New Product award for 2019 by the Specialty Coffee Association."
The seven-year-old company has raised two previous funding rounds, including a $10 million Series A round in 2018.
Over the past year, 10 Berkeley-based food and beverage companies have secured venture funding, totaling $78 million in new investment to the local industry.
In other local funding news, mHealth company Eko announced a $20 million Series B funding round on Sept. 25, led by Artis Ventures (AV).
According to Crunchbase, "Eko harnesses the power of smartphones and cloud data for monitoring patients with cardiovascular diseases. It has built a platform of non-invasive cardiovascular monitoring devices, clinical software, and point-of-care decision support algorithms to improve the delivery of cardiovascular care. In 2015, Eko launched the Eko Core Digital Stethoscope, the first FDA-cleared digital stethoscope on the market to wirelessly stream heart and lung sounds to HIPAA-compliant software."
Founded in 2013, the company has raised five previous rounds, including a Series A round in 2018.
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