Swedish artist Avicii invests SEK 300k in a coffee startup.
07 December 2016
Stockholm-based coffee startup Mode Cold Brew raised a $33k investment from Swedish artist Avicii.
Mode Cold Brew, founded in 2016 by Sean Eriksson and Fabian Wendt, is a producer of a cold coffee drink that brings twice the caffeine whilst eliminating bitterness, acidity and any need of heating.
The investment values the company at SEK 1.5M and Tim Bergling (Avicii) will own 20%.
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