NuZee Coffee Blenders raises $1.4m in equity financing

California-based coffee company NuZee Coffee Blenders has raised $1.4 million in equity financing after selling 1,208,003 shares of common stock.

NuZee’s Coffee Blenders brand produces and markets a range of coffees which include functional ingredients and packaged in single-serve cups.

The brand’s range of functional coffees includes Lean Cup for weight loss, Think Cup for cognitive performance, Relax Cup for stress reduction, Active Cup for a pre-workout boost of energy and Nude Cup, a 100% Arabica coffee.

The company says that the funding raised will be used to sustain the “general business operations) of the company.

Masa Higashida, NuZee’s CEO said: “We are making notable progress in our ongoing evolution to become a co-packing business for regional and global coffee brands.

“This additional capital will enable us to continue to pursue new clients, establish new sales channels, and support the introduction of new products.”