A Denmark-based startup that ‘upcycles’ used coffee grounds, Kaffe Bueno, has raised €1.1M in its seed round of funding from Paulig Group Venture Capital, Vaekstfonden, The Yield Lab, and an undisclosed Danish business angel investor.
Paulig Group incubator, PINC, aims to invest in early-stage startups in and around the future of food. The Kaffe Bueno and PINC collaboration started about a year ago with the testing of the upcycling of ground coffee waste from the Paulig’s Vuosaari roastery.