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Minnow Technologies Enters Licensing Agreement with Hatco Corporation
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Minnow Technologies, Inc & Hatco Corporation Sign Worldwide Licensing & Distribution Agreement - Deal unites world-class manufacturing with cutting-edge IoT technology
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Investors hooked on Minnow: Seattle startup raises $3M for its contactless food ‘Pickup Pods’
April 28, 2021 at 11:41 am
A Pickup Pod food delivery and pickup station from Minnow. (Minnow Photo)
New funding: Seattle-based startup Minnow, makers of a contactless food delivery and pickup pod, has raised $3 million in seed funding.
The tech: The company’s IoT-enabled Pickup Pods are designed to offer a secure, convenient way to get food delivered to apartment buildings, offices, college campuses and elsewhere. Food is kept in individually locked cubbies without keypads or touchscreens. They are opened via smartphone QR code.
Traction: Founded in 2017, Minnow has installed its devices at locations throughout the U.S. and in Japan. The company says all leading food delivery services are relying on its tech, as are restaurants and ghost kitchens that make their own deliveries. The desire for contactless delivery options has been increasingly fueled by the COVID-19 pandemic.
Minnow Raises $3 Million Series Seed Round - Financing led by Branded Strategic Hospitality
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Minnow Technologies, a Seattle-based IoT startup that has developed a contact-free food delivery and pickup solution called the Minnow Pickup Pod™, announced today that it raised a $3 million Series Seed round. Branded Strategic Hospitality, an early-stage venture capital fund based in New York, led the round. Also participating were Elevate Capital, the lead investor in Minnow’s earlier convertible note financings, and Portland Seed Fund. This financing brings Minnow’s total seed funding to $6.4 million.
Jimmy Frischling, co-founder and Managing Partner of Branded Strategic Hospitality