What is Fellow Industries?
Fellow Industries is a company born from a passion for coffee and product design, renowned for creating award-winning kitchenware. Its flagship product, the Stagg EKG Electric Pour-Over Kettle, exemplifies the brand's commitment to merging aesthetic appeal with functional excellence. The company operates within the consumer goods market, specifically targeting the burgeoning specialty coffee segment with its innovative and design-forward appliances.
How much funding has Fellow Industries raised?
Fellow Industries has raised a total of $30.1M across 2 funding rounds:
Debt
$150K
Series B
$30M
Debt (2020): $150K with participation from PPP
Series B (2022): $30M led by NextWorld Evergreen Companies
Key Investors in Fellow Industries
NextWorld Evergreen Companies
NextWorld Evergreen Companies is an investor that has participated in the Series B funding round for Fellow Industries. Their involvement suggests a focus on scaling established consumer brands.
PPP
Public-Private Partnership
What's next for Fellow Industries?
With the recent strategic investment and substantial overall backing, Fellow Industries is poised for accelerated growth. The company is likely to leverage this capital to enhance its product development pipeline, expand its market reach both domestically and internationally, and potentially explore new product categories within the home and kitchen appliance space. This funding round signals strong investor confidence in Fellow's business model and its ability to capture a larger share of the premium coffee market.
See full Fellow Industries company page
