Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Bellwether Coffee raises $40 million from DBL Partners and founders of SolarCity

ImpactAlpha, September 5  Forget stale coffee. Berkeley, Calif.-based Bellwether Coffee wants to ensure that any business can have freshly roasted coffee in stock with its electric coffee roaster that can be installed in nearly any cafe or retail space. (The company touts its roaster as greener than standard gas-powered commercial roasters.)

If Bellwether’s product sounds like a solution to a very Bay Area-problem, the company is also tackling coffee’s supply chain transparency by sourcing beans for the businesses using its roasters and disclosing information about the coffee farms.

“[Bellwether] pays farmers prices that include ‘cost of sustainable production’. These are always higher than the commodity prices for coffee,” Nancy Pfund of impact investor DBL Partners told ImpactAlpha.

DBL and return investors Lyndon and Peter Rive, founders of SolarCity, led Bellwether’s $40 million Series B funding round. Pfund, who joined Bellwether’s board, said DBL was backing Bellwether to “accelerate the reduction of coffee’s carbon footprint and drive positive social impact across the supply chain.”

The funding follows a $10 million Series A round a year ago, and $6 million in seed funding before that.

You might also like...