Thursday, May 5, 2016

PicoBrew Picks Up $10.6M For Beer Making Machines

Seattle-based PicoBrew, the developer of an automated, home, beer brewing machine, has raised $10.6M more in an investment round, the company disclosed in a filing this week. The funding came from Spring Creek Investment Management, as well as others. PicoBrew makes machines--and related ingredient kits--which allow anyone to brew their own, craft brews at home. The company's products include both the Zymatic, as well as its less expensive Pico beer brewing device. The filing said that the new round included 18 different investors.