Quini, a Vancouver, BC-based undisputed leader of sensory real-time data, analytics and technology solutions for the wine industry, completed a minority funding round of undisclosed amount.
The round, which included Convertible Debenture and equity placements, was led by OKR Financial supported by a syndicate of private investors as well as Quini’s co-founders.
The company intends to use the funds to scale operations, to advance its artificial intelligence development program and expand its sales organization.
Established in late 2012 and led by CEO Roger Noujeim, Quini is a leader in near real-time wine sensory data and technology solutions. Funds raised from this round will enable the company to accelerate the development of its artificial intelligence-based wine recommendations engine and expand its sales organization to enable wine industry players to make more informed decisions across business functions including marketing and brand management, logistics, product innovation, and wine making.