Vaporpath, a Seattle-area company that manufactures the Viora Lid, has raised another $1 million to help fuel production of its innovative coffee lids and is looking to reel in an additional $1.5 million to complete a Series A round, reports GeekWire.
The 2-year-old startup, based in Bainbridge Island, Wash., is led by former Microsoft director Barry Goffe and has now raised more than $1.6 million to date.
The Viora Lid, invented by Vaporpath founder Doug Fleming, differs from a traditional plastic cup lid in a variety of ways. It is designed to mimic sipping coffee or tea out of a ceramic cup by bringing a drinkable amount of liquid into the well on top of the lid, rather than requiring the user to pull liquid out of a small hole.
It also eliminate splashes and gives the user a more intense aroma of their drink.
Vaporpath counts more than 275 shops now using its coffee lids across North America, including top premium coffee companies like Intelligentsia Coffee and La Colombe.
