5 CUPS and some sugar, a Berlin, Germany-based producer of customized tea blends, raised €300k in equity crowdfunding.
740 backers invested in the company via Companisto.de.
The company intends to use the funds for brand and product development and continue to expand its offerings.
Launched in October 2012 and led by Eike Pazulla, Ingo Schröder, Weeger Moritz, Patrick Ulmer and André Kramp, 5 CUPS and some sugar manufactures and offers customized and personalized tea blends from more than 50 high-quality ingredients to mix online.
The tea is then produced in the company’s Berlin facility and delivered to consumers and businesses in nicely designed packages.