BREWED BEHAVIOUR
Lifestyle, Fitness, Health, and more.
817 Businesses Against 813 Creators: Coffee Now Has Two Economies Of Equal Size
Somewhere in the last few years, coffee quietly stopped being one business and became two. Nobody announced it. There was no press release, no ribbon-cutting, no founder in a fleece vest explaining the pivot. It just happened, the way most tectonic things happen - slowly, and then all at once, and then it is simply the terrain you are standing on. Here is the shape of the ground. For its report How The World Talks About Coffee, BeanBreaker...
Nobody Asked the New Barista for ID
The fastest-growing category of worker in your company has no face, no contract, and a key to the till. The money has noticed. Saviynt, an identity security company, closed 700 million dollars in Series B growth equity at a valuation of around 3 billion, led by KKR with Sixth Street Growth, TenEleven and Carrick Capital participating. It was the largest cybersecurity round of its year. The company does not build agents. It builds the list of...
Reprice the Cup or Close the Cafe
There is a number a founder will do almost anything to avoid printing, and it is not a loss. It is a lower valuation. Sugar Cosmetics printed it this month. The Mumbai beauty brand raised Rs 144.5 crore from A91 Partners, an existing backer that subscribed to the entire fresh issue on its own: 1,12,248 compulsorily convertible preference shares at Rs 12,871 each, lifting A91 to roughly 19.97 percent of the company. The post-money valuation...
The Money Is in Descaling the Machine
Everybody wants to sell the espresso machine. Almost nobody wants to descale it. Guess which one has the recurring revenue. The current read on wind power investment makes the point with unusual clarity. The interesting startups are no longer the ones proposing to build turbines. They are the ones proposing to look after the turbines that are already standing: inspection robotics, predictive maintenance software, blade monitoring, grid...
The Machine Is Always Hot
Order a coffee and you get it in under a minute. Not because coffee is quick, but because somebody heated the machine an hour before you arrived and has been paying to keep it hot ever since. That is the entire business ARC Ride just raised 33.3 million dollars to build. The Nairobi electric mobility company took the money in a mix of equity and asset-backed debt, roughly 23 million in a Series A led by Novastar Ventures and Norrsken22 and...