Deals
Blank Street Coffee Seeks New Funding as It Expands
Iced Matcha Tea, Cold Brew Coffee, and Blended Lemon Matcha from Blank Street Coffee
Photographer: Pat Greenhouse/The Boston Globe/Getty ImagesThis article is for subscribers only.
Blank Street Coffee, the fast-growing, Brooklyn-based coffee chain, is in talks to raise a new funding round, according to people with knowledge of the matter.
The company is in talks with investors to be valued at around $200 million, which is about the same valuation it fetched in its last round, the people said, asking not to be identified discussing private information. Blank Street is aiming to top its last round valuation but there’s no guarantee that will happen, one of the people said.