Austin Texas based HeatGenie is raising $8,700,000.00 in New Equity Investment.
Austin, TX – According to filings with the U.S. Securities and Exchange Commission, HeatGenie is raising $8,700,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Mark Turner played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About HeatGenie
Technology meets CPG best describes HeatGenie, a revolutionary self-heating solution changing the way people consume hot beverages. HeatGenies safe, patented technology allows CPG brands the ability to offer ready-to-drink (RTD) beverages that heat themselves in 2 minutes, in single-serving, one-use cans. HeatGenie makes it possible for brands to provide what on-the-go consumers want hot, delicious coffee, tea, soup, bone broth, hot chocolate, sake and more, anytime anywhere. HeatGenie is the only company able to deliver a solution that is intuitive, safe, fast, compact, recyclable and low cost. The efficient heater integrates into standard beverage cans and allows consumers to enjoy their beverage hot when they want it with the twist of the lid. HeatGenies partnerships with CPG brands around the globe are currently finalizing commercialization and entering the marketplace. The company delivers to brands the most effective solution for consumers who are increasingly looking for innovation, portability and convenience.
To learn more about HeatGenie, visit http://www.heatgenie.com/
Contact:
Mark Turner, President and Chief Executive Officer
512-501-3800
mark@heatgenie.com
https://www.linkedin.com/in/markturner29/
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