Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- ReDrink is developing a smart drink dispenser that produces healthy and personalised drinks with natural ingredients at the point of use.
- As a B2B beverage service, they will reduce the cost (-73%) and time (-64%) for businesses related to beverages.
- Massively reducing bottle waste & saving CO2, generated by transporting bottles.
- The start-up is testing the first drinks dispenser with pilot customers and plans to build out the software infrastructure, automation of logistics and user experience to officially launch in late 2023.
- The team is currently funded by a government grant (€135k) and is now looking for business angels & VCs to finish building the product and accelerate growth.
The company was founded by Adrian and Eberhard; with Alex joining the team as a new addition to the team.
- Adrian rebuilt a company during his studies, focusing on sales and org, leading a team of 17.
- Eberhard attended ETH and Harvard and has vast product and prototyping experience from the medical and automotive industries.
- Alex studied Computer Science and made a huge contribution with his software, IoT and machine learning experience.
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