Fundz

Spot Coffee Announces $82.5K Equity Financing

PRIVATEDec 22, 2022

Amount Raised

$82,500

Round Type

Pre-Seed

BuffaloFood And BeverageHospitality

Description

SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") is pleased to announce a non-brokered private placement offering of 1,650,000 common shares (each a "Common Share") at a price of C$0.05 per Common Share for aggregate gross proceeds of C$82,500. The proceeds raised under this financing are expected to be used exclusively to fund an application by the Company to cross-list its Common Shares on the OTCQB stock exchange. All of the Common Shares issued in connection with this financing will be subject to a statutory four-month hold period in accordance with applicable securities laws

Quick answer

SPoT Coffee raised $82,500 in a Pre-Seed round, dated December 22, 2022. SPoT Coffee is based in Buffalo, Kansas, United States.

How much did SPoT Coffee raise?
SPoT Coffee raised $82,500 in a Pre-Seed round on December 22, 2022.
What does SPoT Coffee do?
SPoT Coffee has been designing, building and operating company-owned and franchise community cafés in the northeastern United States for over 25 years.
Where is SPoT Coffee based and how big is it?
SPoT Coffee is based in Buffalo, Kansas, United States.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Hospitality around the same time

Companies in the same sectors as SPoT Coffee that raised within 45 days of this round, from Fundz verified event records.

  • Xiao Chi Jie raised $21M on January 30, 2023.
  • The ISH™ Food Company raised an undisclosed amount (Funding Round) on January 24, 2023.
  • No Meat Factory raised $42M (Series B) on January 12, 2023.
  • Modify Health raised $10M (Series B) on January 10, 2023.
  • Modify Health raised $10M on December 30, 2022.
  • Suplyd raised $1.6M (Seed) on December 15, 2022.

Who to call at SPoT Coffee, and when

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Company Information

Company

SPoT Coffee

Location

Buffalo, Kansas, United States

About

SPoT Coffee has been designing, building and operating company-owned and franchise community cafés in the northeastern United States for over 25 years. SPoT's cafés provide their customers with the highest quality service, signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT café is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.

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SPoT Coffee raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.