Tech Company Financing Transactions
Aerflo Funding Round
Lerer Hippeau, Torch Capital and Bluestein Ventures participated in a $10 million funding round for Aerflo. The round closed on 8/28/2024.
Transaction Overview
Company Name
Announced On
8/28/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Lerer Hippeau (Lead Investor)
Torch Capital (Lead Investor)
Proceeds Purpose
The capital has been used to build its refill infrastructure, commission its custom automated processing equipment, support necessary regulatory approvals, and drive R&D across its full portfolio. The funds will continue to support the company's sustainable pipeline and supply chain.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
18 Bridge Street 4G
Brooklyn, NY 11201
USA
Brooklyn, NY 11201
USA
Phone
Undisclosed
Website
Email Address
Overview
When we first got the idea for Aerflo, it didn't take long to realize why something like it had never existed before. From the capsule to the bottle, the intricacies of the carbonation device, and the logistics of a circular exchange program--everyone said we couldn't make it work. But we knew we could.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Buzz Wiggins
Co-Founder
John Thorp
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