Zum XR, a Denver, Colorado-based developer of a time-release delivery system for beverage, raised $1.325m in funding.
The funds were raised via RockThePost.
The company will use the funds for 3rd party quantitative testing of ingredient release times and absorption in bloodstream.
Led by Michael McCarthy, Brett Waxler, Züm XR has developed a patented delivery system using time-release micro-beads to deliver active ingredients. Today the IP is used in their energy drink which releases caffeine, vitamins, and electrolytes over time to allow better absorption in the body.
The company already has revenue, users and paying customers.
FinSMEs
06/06/2014