Billerica Massachusetts based ColdSnap is raising $27,000,000.00 in New Equity Investment.
Billerica, MA – According to filings with the U.S. Securities and Exchange Commission, ColdSnap is raising $27,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Matthew Fonte 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 ColdSnap
Indulge with ColdSnap, the revolutionary system transforming the way frozen treats are produced & enjoyed. With just four simple steps, you’ll be enjoying our delicious desserts in mere minutes, choose your single-serve pod, insert the pod into the machine, wait 60-90 seconds for the contents to freeze and dispens, sit back and indulge in your great-tasting, premium frozen treat. Our no-prep, no-clean up system eliminates hassle and delivers great-tasting treats, faster. Shelf stable pods do not require refrigeration. Our patented technology freezes and dispenses ingredients in just seconds. Single-serve technology delivers your product choice with the perfect amount of deliciousness. Pod ingredients are dispensed directly from the pod to the bowl. No clean-up of the machine is required. Cutting-edge freezing technology creates micro-sized ice crystals, guaranteeing great taste and the smoothest texture possible. Our pods are infinitely recyclable, making them the perfect treat for both you and our planet.
To learn more about ColdSnap, visit http://coldsnap.com/
Contact:
Matthew Fonte, President and Chief Executive Officer
617-270-6608
mfonte@coldsnap.com
https://www.linkedin.com/in/matthew-fonte-04338331/
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