This Week on Fundable: $925K of Funding for Coffee and Music

U Posted by Laura Moller
\ January 17, 2014

It’s been an incredible week at Fundable. Angel and private investors have shown tremendous support for Fundable companies looking to expand their technology and reach.


$625K in Funding for First Affordable, High-Tech Espresso Machine

ZPM Espresso has created the first and only home espresso machine that offers high-end features at a consumer-friendly price. While in pre-sale, the machine brought in over $500K in revenue and established an initial customer base of over 2000 people.

The ingenious device has been featured in Forbes, Wired, and Gizmodo and received a glowing endorsement from Jason Dominy, former chair of the Barista Guild. ZPM has raised $625K in funding from private investors and angel groups. Currently 84% funded, the team is raising funds to expand their product line.


TuneGO Raises $300K, Signs 9 Legendary Music Producers

TuneGO is a social platform that’s changing the way the world discovers music. For independent artists, TuneGO is the ultimate career development resource — providing educational materials, social marketing tools, professional music reviews, and personalized career development services for artists on the rise.

TuneGO has successfully signed nine legendary music producers and songwriters who have generated over $5 billion in global music sales. They’ve also secured partnerships with Spotify, Slacker Radio, APM Music and SoundOut. The seasoned team has raised $300,000 from initial investors is seeking additional funding to further develop their product.

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