What is Nitro Labs?
Nitro Labs is a Bangkok-based company specializing in the production and distribution of high-quality, hand-crafted nitro cold brew coffee and other beverages. The company serves both local consumers and businesses seeking to offer a premium, smooth cold brew experience on tap. Nitro Labs focuses on elevating establishments with its unique beverage offerings, aiming to deliver a superior coffee experience.
How much funding has Nitro Labs raised?
Nitro Labs has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2024): $4M with participation from Lemniscap, Animoca Ventures, and Borderless Capital
Key Investors in Nitro Labs
Lemniscap
Lemniscap is an investment firm focused on early-stage cryptoassets and blockchain startups, identifying and supporting innovative projects within the cryptocurrency space.
Animoca Ventures
Animoca Ventures, the venture arm of Animoca Brands, specializes in early-stage Web3 investments, supporting builders focused on digital property rights and economic freedoms.
Borderless Capital
Borderless Capital is an investment management firm dedicated to Web3 technology, supporting innovators in blockchain and decentralized technology with a global reach and a focus on open networks.
What's next for Nitro Labs?
The recent major strategic investment positions Nitro Labs for significant expansion and operational enhancement. This capital infusion is expected to fuel growth initiatives, potentially including scaling production capabilities, expanding distribution networks within Bangkok and beyond, and further developing their product line. The company's focus on premium quality and strategic partnerships suggests a trajectory towards solidifying its market presence and potentially exploring new market segments or product innovations.
See full Nitro Labs company page