G-Kup, a Vancouver based start-up focused on sustainable packaging, is pleased to announce the closing of its initial seed round comprised of several well known US and Canadian investors.
These include The Charles Edison Fund (The Edison Fund invested as part of their new mandate of supporting innovation and entrepreneurship), Arlene Dickinson (CEO of Venture Communications and District Ventures, and formerly Dragons’ Den), and Lance Tracey (Co-Founder of Peer 1 and Sutton Group Realty).
The initial funding will fuel G-Kup’s commercialization of its 100% compostable single serve coffee pod.
The G-Kup, which has a rigid design similar to licensed Keurig brands, will work in all Keurig compatible machines including Keurig 2.0. As well, because it has a rigid base, it is compatible with “auto-eject” Keurig commercial office brewers that will not recognize soft bottom pods.
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