Newsletter Subject

☕ Cafe X — Robotic coffee bars backed by Jason Calacanis & Khosla Ventures

From

republic.co

Email Address

investors@team.republic.co

Sent On

Tue, Mar 28, 2023 03:12 PM

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$6M+ revenue 2020-21 | Shipping to Fortune 100 customers with $0 spent on marketing   New Deal

$6M+ revenue 2020-21 | Shipping to Fortune 100 customers with $0 spent on marketing   New Deal Launch ~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~   Cafe X launches on Republic Fully-automated café systems, each serving up to 600 orders per day ~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~ ~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~   [View Cafe X on Republic](~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~)   THE PITCH Cafe X has entered the quick-serve coffee arena with a fully-automated, completely unattended robotic coffee bar that can make up to 600 beverages per day — perfectly, every time. PRODUCT Each Cafe X Robotic Coffee Bar can prepare up to seven drinks at a time! They’ve sold 600,000+ drinks to date, and are trusted by specialty coffee roasters such as Onyx, Intelligentsia, Equator, and Ritual. Cafe X machines at the SF airport serve hundreds of customers per day — replacing and outperforming a prior coffee vending machine at the exact same location. TRACTION The company has sold and continues to sell machines to Fortune 20–100 companies. In 2022, Cafe X shipped their first five machines to B2B customers. Read [the traction section on their page](~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~) for more recent sales and revenue figures. TEAM Founder Henry Hu is a Thiel Fellow and Forbes 30 under 30 honoree. Hu grew up in Hong Kong; he dropped out of college to build Cafe X, and launched the first prototype in San Francisco in 2017. FUNDING Cafe X has raised $17M to date from investors such as David Sacks of Craft Ventures, Jason Calacanis of Launch, Chamath Palihapitiya of Social Capital, Vinod Khosla of Khosla Ventures, Aydin Senkut of Felicis Ventures, Antonio Gracias of Valor Equity Partners, and Peter Thiel of the Thiel Foundation.   ~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~   [View Cafe X on Republic](~/AAQRxQA~/RgRmBYi_P0S3aHR0cHM6Ly9yZXB1YmxpYy5jb20vY2FmZS14P3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9Y2FmZS14X2FsbF9jYWZlLXgmdXRtX3Rlcm09Y2FmZS14VwNzcGNCCmQhvwMjZO8WbAhSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAABzg~~)   Highlights are derived, and based entirely upon the Issuer’s representations. Prior results do not guarantee future success. Images provided by the issuer. Investments in private companies are particularly risky and may result in total loss of invested capital. This email was sent by Republic. Crowdfunding investments can result in total loss, and may be impossible to resell. Read about risks. Republic Core LLC ("Core") provides technology and support services to OpenDeal Inc. and its affiliates (collectively, the "Republic Ecosystem"). Republic Note holders and as well as users of the site and services maintained by the Republic Ecosystem, regardless of and their activities on or relating to the Republic Ecosystem, are subject to the applicable terms of service, in their entirety. Core cannot give investment advice, analysis or recommendations with respect to any securities, and is not a registered broker-dealer, funding portal or investment adviser. Securities offerings displayed by Core may be facilitated by its affiliates in the Republic Ecosystem, OpenDeal Portal LLC d/b/a Republic, or OpenDeal Broker LLC d/b/a The CapitalR, Republic Capital Adviser LLC, Republic Deal Room Advisor LLC, Fig Publishing, Inc. or by a third-party issuer. This email is intended only for accredited investors with a pre-existing relationship with the Republic Ecosystem. Please notify the sender immediately if you have received this email by mistake, then delete it. Private investments are risky and illiquid, never invest more than you can afford to lose, consult with your trusted advisors and do your own diligence before investing. This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed; they do not constitute legal or investment advice. Please notify the sender immediately if you have received this e-mail by mistake, then delete it. No longer interested in new offering launch emails? Adjust your [notification settings](~/AAQRxQA~/RgRmBYi_P0QraHR0cHM6Ly9yZXB1YmxpYy5jb20vc2V0dGluZ3Mvbm90aWZpY2F0aW9uc1cDc3BjQgpkIb8DI2TvFmwIUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~). [Unsubscribe from all emails](~/AAQRxQA~/RgRmBYi_P4TGAWh0dHBzOi8vMDUuZW1haWxpbmJvdW5kcHJvY2Vzc2luZy5jb20vZW5jX3VzZXIvdW5zdWJzY3JpYmU_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_AyNk7xZsCFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) 149 E 23rd St #2001, New York, NY 10010

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