# BibeCoffee Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bibecoffee-company

- Industry: Software
- Headquarters: Athens, Greece
- Website: www.bibecoffee.com
- Total disclosed funding: $2M
- Latest round: Seed (Aug 26, 2021)
- Investors on record: 2

## About

Based in Athens, Greece, and founded in 2018 BibeCoffee Company provide software as a solution for the digital management of coffee machines. The company was co-founded by Vasilis Apostolopoulos (CEO), Panos Vrettos, and Kostas Sigalas. In January 2023, the firm raised EUR 2.1 million in venture funding led by investor Eleven Ventures, with participation from returning investors Uni. Fund, and VentureFriends.

The company offers IoT – powered telemetry platform that enables its clients to connect coffee machines or grinders to the cloud and provides analytics to track quality, maintenance, sales, and more. The firm IoT SaaS solution is suitable for roasters and distributors, coffee chains, coffee machine makers, maintenance companies, and coffee shop owners. Additionally, the company solution helps to reduces reduce coffee wastage, and machine downtime, streamline maintenance, etc.

The company plan to use January 2023 the funding to further develop its artificial intelligence technology.

## Funding rounds

- Seed, Aug 26, 2021, $2M — VentureFriends, Uni.Fund

## Investors

- VentureFriends (https://capitalatlas.ai/funds/venturefriends) — Seed
- Uni.Fund (https://capitalatlas.ai/funds/uni-fund) — Seed