Oat Drink Machine Startup The Oater Closes Seven-Figure Round Led by Soda Stream Exec
Cologne-based Food startup The Oater announces it has closed a seven-figure pre-seed financing round. The Oater’s first product is an oat drink machine for the food service sector, producing fresh barista oat drinks on-site with minimal packaging. Renowned business angels with strong connections to the food and tech sectors contributed to the successful fundraising of the startup’s capital. Notably, Rüdiger Koppelmann, General Manager of SodaStream, was the main investor in this round. In addition to securing financing through this funding round, the startup also obtained significant six-figure grants. Among these grants is the €75,000 WomenTech EU grant, which supports talented and highly educated female founders in the tech industry. This financial boost will play a crucial role in facilitating the market entry and initial series …