What is Crown Digital?
Founded in 2018 by Keith Tan, Crown Digital addresses critical challenges in the F&B sector, particularly manpower shortages and the need for socially distanced interactions. The company has developed ELLA, Singapore's first robotic barista, capable of serving up to 200 cups of coffee per hour. Beyond ELLA, Crown Digital also offers a contactless sandwich and smoothie kiosk, all managed by an IoT-connected software platform that enables mobile ordering and payment. This technology leverages deep learning and predictive analytics for end-to-end operational optimization, positioning Crown Digital as a leader in embedding smart retail solutions into traditional F&B functions.
How much funding has Crown Digital raised?
Crown Digital has raised a total of $3.7M across 1 funding round:
Other Financing Round
$3.7M
Other Financing Round (2022): $3.7M with participation from Momentum Ventures, ParticleX, Heliconia Capital Management, and Leave a Nest
Key Investors in Crown Digital
Heliconia Capital Management
Heliconia Capital Management Pte. Ltd. is an investment firm dedicated to partnering with promising SMEs in Singapore and Southeast Asia, aiming to help them achieve regional or global prominence. As an SME enabler, Heliconia takes pride in being an integral part of its portfolio companies' growth journeys, often serving as their first institutional investor.
Momentum Ventures
Undisclosed investor participating in the funding round.
ParticleX
Undisclosed investor participating in the funding round.
What's next for Crown Digital?
With its latest strategic investment, Crown Digital is poised to further expand its reach and enhance its technological capabilities. The company's focus on contactless, automated F&B solutions aligns with current market demands for efficiency and safety. Future growth is expected to involve scaling its robotic barista and kiosk operations, potentially through further strategic partnerships and capital raises. The company's trajectory suggests a strong emphasis on innovation and market penetration within the global smart retail and IoT landscape.
See full Crown Digital company page
