Spinn Raises $20M For a More Sustainable Home-Brewed Coffee

Bernard Mendez
Bernard Mendez is an editorial intern at dot.LA. He attends UCLA, where he is pursuing a bachelor’s degree in applied mathematics. Mendez was previously an editor at the Daily Bruin, the student newspaper at UCLA.
Spinn

One Los Angeles-based coffee startup is hoping to put a new spin on at-home coffee making.

Spinn makes a coffee brewing machine that uses a unique "centrifuge process" and offers coffees from a variety of vendors — without relying on wasteful packaging that its competitors use.


Spinn was able to capitalize on lockdowns that closed grocery stores and coffee shops. Small coffee vendors looked to Spinn's online marketplace to sell their coffee and consumers looked to Spinn's machines to brew coffee at home, said CEO Roderick de Rode.

The company has raised $20 million in a round of funding led by Spark Capital, Amazon's Alexa Fund and Bar 9 Ventures, it said Monday. The money will go toward fulfilling pre-orders the company has for its coffee machines and for hiring additional workers.

Founded in 2015, Spinn hopes to tap into a growing market for at-home coffee machines. Its machine is an all-in-one brewer that make a variety of coffee types — including espresso, americano, cold brew and drip coffee — through a unique "centrifuge" process. It can process around 1,500 types of coffee from around 500 vendors.

Competitors, including Nespresso and Keurig, also offer brewing machines and coffee marketplaces. But de Rode said Spinn's focus on sustainability sets it apart. Their machines don't require filters, reducing the amount of waste produced when brewing coffee.

As working conditions fluctuate between in-person and remote, Spinn is hoping to tailor both to consumers who continue to work remotely and to offices looking to buy coffee machines for returning workers, said de Rode.

To de Rode, consumer interest in coffee is moving in the same direction as wine — People are becoming more aware of the different types and origins of coffees, much like how people have become aware of the nuances in the types of wines, he said, giving Spinn more space to operate.

"Nowadays people know that there's a difference between a Cherot and a Pinot Noir," he said. "You see the same thing happening in coffee."

Spinn's machines are also connected to the internet, and can be controlled through Spinn's app or through Amazon's Alexa.

https://twitter.com/bernardhmendez
bernard@dot.la

Subscribe to our newsletter to catch every headline.

Cadence

10 TikTok Gadgets That Went Viral In 2022

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

10 TikTok Gadgets That Went Viral In 2022

Part of TikTok’s evolution over the years includes becoming another outlet for consumers to purchase popular gadgets. The app generated $821 million in global consumer spending across the App Store and Google Play in the first quarter of 2022 alone.

And since the holiday season is among us, it’s time to get some gifts checked off your list. So here’s 10 tech gadgets that went viral on TikTok that you can buy for your loved ones.

Read moreShow less

LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

Read moreShow less

This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M
This Week in ‘Raises’:

As funding in Los Angeles continues to slow down, Swell Energy still managed to raise fresh funding to accelerate the company's mission to deploy 26,000 energy storage systems in homes and businesses across the United States.

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending