Single-use pourover coffee company Copper Cow Coffee has raised $8.5 million in Series A funding.
The Los Angeles-based company, self-described as “equal parts Vietnam, equal parts California,” said it has tripled revenues annually since its founding in 2016.
The $8.5 million infusion — led by food-focused Cultivian Sandbox Ventures and Arborview Capital with at least six other investment firms — follows a COVID-19 pandemic year in which virtually all market research suggests coffee brewing at home has ticked upward. The trend has become particularly apparent in the single-use, convenience-driven home coffee segment.
Led by CEO and founder Debbie Wei Mullin and an all-women board of directors, what Copper Cow offers are boxes of single-use coffee and tea packages, with a primary focus on Vietnamese coffee. Individual packages contain disposable or compostable single-use paper pourover pouches designed to hold sturdily over the edges of single cups.
Along with packages of black coffees, flavored coffees and teas, Copper Cow also offers individual creamer or condensed milk packages of various flavors.
Despite all the single-use packaging, the company maintains a sustainability-focused pitch, saying it sources coffees from robusta and arabica growers in the Central Highlands of Vietnam who maintain sustainable “polyculture” and organic practices.
Nick Brown is the editor of Daily Coffee News by Roast Magazine. Feedback and story ideas are welcome at publisher (at) dailycoffeenews.com, or see the “About Us” page for contact information.