The market for high-performance, fully automatic coffee machines just got a fresh jolt of capital. CAYE TECHNOLOGY, a tech-driven company specializing in proprietary brewing technology, has secured $55.0M in Series b funding.
The firm, which oversees R&D, production, and sales of its advanced coffee equipment, boasts nearly 200 patents and sells its Smart X Series products in over 50 countries. CAYE TECHNOLOGY's modern Suzhou factory contributes to an annual production capacity exceeding 10,000 units.
