Tech Company Financing Transactions
Teforia Funding Round
On 12/4/2015, Teforia announced $5.1 million in Seed funding from Upfront Ventures, InnoSpring and Lemnos.
Transaction Overview
Company Name
Announced On
12/4/2015
Transaction Type
Venture Equity
Amount
$5,100,000
Round
Seed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
465 Fairchild Dr. 127
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Allen Han
Chief Technical Officer
Kris Efland
Browse more venture capital transactions:
Prev: 12/4/2015: Baobab Studios venture capital transaction
Next: 12/4/2015: Groupize venture capital transaction
Share this article
News on VC Transactions
We do our best to report on funding rounds that are announced publicly. VC transactions on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs