Fellow, a San Francisco, CA-based specialty coffee gear company, raised $30m in Series B funding.
The round was led by NextWorld Evergreen with participation from Benchmark’s Peter Fenton and other angel investors.
The company plans to use the funds for product innovation, educational content enhancement, expansion of retail and recruitment of additional talent.
Fellow was established by Jake Miller, the CEO, in 2013. They offer a range of products and services, including French presses, French mugs, and limited-release coffees from select roasters.
This summer, Fellow will open its second flagship retail store on Venice, California’s Abbot Kinney Boulevard (after its San Francisco Mission District location) and launch a new product in its popular Carter travel mug line.