Cafe X moves closer to $12M seed-funding goal

dailycoffeenews.com

Twenty-six investors contributed $9.42 million to Cafe X Technologies’ most recent round of funding, according to recent SEC filings. Cafe X’s goal is $12 million. Cafe X isn’t promoting a coffee machine that dumps watered-down coffee into a gravity-fed paper cup – far from it. Its machine has a real, honest-to-god robotic arm that works the barista mojo right before your eyes. CafeX currently operates three locations, all in San Francisco.

What does it say that even the Daily Coffee News is covering startup fundraising?

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