Kuvée Raises $6M in Venture Capital Funding

Kuvee_LogoKuvée, Inc., a Boston, MA-based smart wine bottle maker, raised $6m in venture capital funding.

Backers included General Catalyst, Founder Collective, Bolt and several angel investors.

Led by Vijay Manwani, founder and CEO, Kuvée has made a smart wine bottle that keeps wine fresh for 30 days.
The Kuvée system is composed of a Kuvée Bottle and a curated collection of 750 ml Kuvée wines. To drink wine, users insert a wine into the bottle, and pour. The patented valve system prevents oxygen from touching the wine, so wine stays fresh for up to 30 days after opening.
The bottle features a Wi-Fi connected touch screen that shares food pairings and serving tips, details the number of glasses remaining within each wine and describes how and where the wine was made. It allows users to rank wines, and then makes personalized recommendations which can be purchased directly from the screen.

The Kuvée wine collection features a hand-picked selection of wines including Bonny Doon Vineyard, Schug, B. R. Cohn, Pine Ridge, etc.

Beginning today, Kuvée is available for pre-order via kuvee.com or Indiegogo, for a limited-time offer of $179. Pre-order purchases include a Kuvée Bottle and four hand-selected wines (a $349 value).
The company will ship to residents of California and Massachusetts in October 2016, and will expand to additional markets in December 2016 and early 2017.

FinSMEs

28/03/2016

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