The 15-store freshly roasted café concept plans to open additional locations in Washington DC, New York, Chicago and London as part of a goal to reach 105 sites within the next five years
Roasting Plant Coffee currenty operates nine stores in the US and six in the UK | Photo credit: Roasting Plant Coffee
Roasting Plant Coffee has raised $10m to accelerate outlet growth in key cities across the US and the UK.
It will also use the investment to improve the scalability of its automated Javabot technology – a patented in-store system that transports freshly roasted coffee through pneumatic overhead tubes to Eversys super-automatic espresso machines behind the bar.
In a press release, Roasting Plant said the funding round was oversubscribed, with 40% of investment coming from existing shareholders and the remaining 60% from new private investors and family offices.
The specialty coffee roaster and café chain, which opened its first store in New York in 2007, currently operates nine stores in the US and six in the UK.
Roasting Plant plans to open new sites in Washington DC, New York, Chicago and London within the next 18 months, each featuring a Javabot machine.
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“We are thrilled to have secured this significant investment which will help us take Roasting Plant Coffee to the next level in the US and UK. Our mission is to provide the freshest coffee possible, roasted and brewed to order by the cup, and this funding will allow us to share our ‘just roasted’ passion with more coffee lovers,” said Jamie Robertson, CEO, Roasting Plant.
In March 2023, Robertson told World Coffee Portal that Roasting Plant sees the potential to ‘shake up the high street coffee scene’ with dozens of new stores in the US and UK.