May 5 - 2021
Coffee Geography Magazine
The four-year-old sustainably-focused Vietnamese coffee company Copper Cow Coffee closed its Series A financing of $8.5M to fund the company's expanding distribution and product innovation. The round was co-led by Cultivian Sandbox and Arborview Capital with participation from Siddhi Capital, Silverton Partners, Social Starts, Montage Ventures, CRCM, and Stormbreaker Ventures.
"We are thrilled to invest in our innovation to continue
to 'wow' our customers and support our sustainable coffee partners in Vietnam,"
says Debbie
Wei Mullin, Copper
Cow Coffee CEO and founder. "We are excited that our investors
and newly formed all-female board are just as dedicated to our eco-friendly
mission as we are."
Since launch, Copper
Cow Coffee has tripled revenue annually, now with a subscription
service that features a rotating selection of naturally flavored coffees
serving as its fastest growing channel of business. Copper
Cow Coffee's innovative single-use pour-over coffees and natural
creamers are distributed in over 3,000 retailers, including Whole Foods Market,
Sprouts, and Walmart nationwide.
"A new generation of coffee drinkers is seeking an
innovative experience and flavor profile, all-natural ingredients, and the
convenience of café quality anywhere," explains Carolyn Farley of
Arborview Capital. "Arborview is thrilled to support the growth of Copper
Cow Coffee as it offers all this with ethically sourced ingredients and a
reduced environmental footprint."
Copper Cow Coffee is
dedicated to taking a stand to source ethically and sustainably from Vietnamese
farms. Its farms practice organic agricultural and processing methods,
including the use of organic matter compost, non-use of pesticides, and the use
of polyculture.
"Copper Cow has built a brand that resonates with
consumers around both a sustainable product and an engaging experience. We're
excited to support its mindfully crafted premium coffee experience for home and
on the go," said Amanda Donohue-Hansen, Managing Director ofCultivian Sandbox Ventures.
Copper Cow Coffee is the brainchild of Vietnamese
American Debbie
Wei Mullin, who blended her love for Vietnamese coffee and
culture with her background in sustainability. It brings an authentic, yet
modernized, pour-over barista quality coffee experience to homes across the
nation. Dedicated to the environment, Copper Cow Coffee is quality-obsessed,
eco-friendly, and proud to be part of the 2% (and growing) of women-owned
companies with venture funding.