# Griin Roasting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/griin-roasting

- Industry: Hardware
- Headquarters: Ramat Gan, Israel
- Website: www.griin.tech
- Total disclosed funding: $11M
- Latest round: Series A (Aug 1, 2023)
- Investors on record: 4

## About

Based in Ramat Gan, Israel, and founded in 2019, Griin Roasting Ltd. aka Griin operates as a deep-tech company that developed a single-dose coffee roaster for the office. Co-founded by CEO Yuval Weisglass and COO Jonathan Scharf, Griin raised USD 2 million in seed funding led by Closed Loop Partners in December 2020.  

The startup develops a coffee roasting solution for the workplace segment, using volumetric heating to roast green coffee beans. The autonomous technology heats the coffee beans from inside-out and produces a homogenous and consistent roast. 

The solution also brings environmental benefits as it produces ZERO Particulate Matter (PM) and CO2, and is X50 more energy-efficient, as it eliminates transportation and packaging of coffee beans.

## Funding rounds

- Series A, Aug 1, 2023, $9M — Closed Loop Partners, Millennium Food-Tech, Jibe Ventures, New Climate Ventures
- Seed, Dec 9, 2020, $2M — Closed Loop Partners

## Investors

- Closed Loop Partners (https://capitalatlas.ai/funds/closed-loop-partners) — Seed, Series A
- Millennium Food-Tech — Series A
- Jibe Ventures (https://capitalatlas.ai/funds/jibe-ventures) — Series A
- New Climate Ventures (https://capitalatlas.ai/funds/new-climate-ventures) — Series A