Minnow: Raises $3M in Seed Financing

  • Minnow Technologies, a Seattle, WA-based IoT startup that has developed a contact-free food delivery and pickup solution called the Minnow Pickup Pod™, raised $3m in seed funding
  • The round, which brought total seed funding to $6.4m, was led by Branded Strategic Hospitality with participation from Elevate Capital and Portland Seed Fund
  • The company also intends to use the funds to expand its business reach
  • Led by Steven Sperry, co-founder and CEO, Minnow provides IoT-enabled Pickup Pods which offer a contact-free way to deliver and pick up food
  • The pods used by all of the leading food delivery services, as well as by restaurants and ghost kitchens that make their own deliveries
  • They areinstalled in office buildings, multifamily residential properties, and college campuses throughout the United States and in Japan
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NatWest Highlights AI Benefits for Customers Amid Digital Shift

The bank reports improved services through enhanced AI technology.Highlights: NatWest reports AI implementation has enhanced customer experiences.The bank...

Lloyds Investigates Use of Staff Bank Data During Pay Talks

The bank is reviewing data usage amid negotiations with staff over pay.Highlights: Lloyds Banking Group is reviewing data...

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading.Highlights: X will launch a new platform for crypto...

UK’s NSI Bank Transformation Programme Faces Major Criticism

The transformation initiative is labeled a full-spectrum disaster by experts.Highlights: NSI Bank's transformation programme has drawn severe criticism.Experts...