Blue Bottle Coffee acquires subscription coffee startup Tonx
Tonx, a startup working on a subscription model for coffee beans, has just announced an acquisition deal from_Blue Bottle Coffee. The company wrote in a blog post that it had reached a point where a dedicated production facility was in order, but it required either a partner or venture capital to finance it. Co-founder Tony Konecny noted: With Blue Bottle, we have found a more established company that still has an innovative startup culture, continues to evolve, and is dedicated to improving people’s experience of coffee on an ambitious scale. And they have resources we could only dream of. In...
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