Roasting Plant Coffee has announced a significant investment totaling £7.9 million, with 40 percent of the funds coming from existing stakeholders and the remaining 60 percent provided by family offices. This substantial capital injection is set to propel the company’s expansion in both the United States and the United Kingdom.
Jamie Robertson, CEO of Roasting Plant Coffee, expressed excitement about the investment, stating, “We are thrilled to have secured this significant investment which will help us take Roasting Plant Coffee to the next level in the United States and United Kingdom. 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.”
The newly acquired funds will be instrumental in advancing Roasting Plant Coffee’s growth and innovation initiatives. Key projects include a value engineering overhaul of their in-store roasting and brewing system, known as Javabot Coffee.
Additionally, the investment will facilitate the opening of new locations in major cities such as Washington DC, New York, Chicago, and London.
Founded in New York’s Lower East Side, Roasting Plant Coffee operates 15 roastery-cafés across the US and UK. The company produces its proprietary Javabot system at its RP Labs facility in the US and distributes its coffee through various retail, wholesale, and online channels. As part of its global ambitions, Roasting Plant Coffee continues to seek out high-grade specialty coffee beans from around the world to expand its offerings.