AI

Cana Technology raises glass to new capital as it readies beverage printer for market

Comment

Lance Kizer, Matt Maher, Cana Technology
Image Credits: Cana Technology / Cana Technology's Lance Kizer and Matt Maher

Following nearly four years in the prototype phase, Cana Technology is unveiling what it calls the “world’s first molecular beverage printer” after securing $30 million in funding from venture foundry The Production Board.

If you’re wondering exactly what this might be, it’s basically a SodaStream meets a computer printer. The smart connected device is about the size of a toaster, sits on your kitchen counter and can produce an infinite variety of beverages, from juice to coffee to cocktails, by recombining it with water in your home, all from one “printer” cartridge, by using a touch screen.

Here’s where the “molecular” technology comes into play: Cana focused on identifying the basic set of ingredients, basically deconstructing beverages to figure out what makes it taste like a certain drink, Lance Kizer, Cana’s chief science officer, told TechCrunch.

Once you remove the water, there is a small volume of drink that you are actually consuming, around 5% to 10%, so Cana concentrated those ingredients and loaded them into a cartridge that can hold more than 100 different beverages. The company has partnered with certain brands for drinks and also created their own combinations.

“It is all of the same ingredients that you consume in drinks, so we are not recreating them,” Kizer said. “Quality is important, and we are focusing on making beverages in a novel way, and we have now created hundreds of them.”

Not only do you have hundreds of drinks at your fingertips, you also can customize them to your taste: add more sugar or less sugar, and for the alcoholic drinks, more or less alcohol. While learning about the device, I was able to try a few of the drinks — cold brew coffee, root beer and a black cherry mojito — and thought the flavors were more bold than their traditional counterparts and the overall taste had a smooth finish.

Each cartridge holds one to three months’ worth of beverages, and the device senses when the cartridge is low and automatically reorders. The cartridges are designed to be sent back for recycling, Kizer added

Cana’s goal is to rebuild the $2 trillion beverage industry while also saving waste from going into landfills and excessive water being used at the same time. CEO Matt Mahar explained that Cana’s prototype would save the typical American household roughly 100 beverage containers per month. At scale, Cana could reduce the use of plastic and glass containers, water waste and the CO2 emissions of the global beverage manufacturing complex by more than 80%.

The new funding is being heavily invested into the supply chain and continued technology development, Mahar said. The company currently has 35 employees, and he expects to double that this year.

Mahar said the company is still working on the device’s price point, but that it will be cheaper than retail prices per use. By the end of February, he expected to have full data on both pricing and when people will be able to begin purchasing the device.

Bharat Vasan, president and COO of The Production Board, said the venture foundry has invested in a number of companies in the food space, and says the Cana team was attractive due to their ambitious outlook on technology and the way they combined hardware, software and science in an entirely new way of making something.

To him, Cana’s device “feels like the Netflix of beverage experiences,” and the same concentration technology used for drinks could be used for a number of other products, like perfume and cosmetics.

“It’s about changing the way things are made and shipped out,” he said. “Distributed manufacturing is made in one place and then shipped out to retailers. Now there is a different system of delivery that is directly to your house that can bypass supply chain constraints. The beverage printer is one manifestation.”

IoT and data science will boost foodtech in the post-pandemic era

More TechCrunch

TechCrunch Disrupt 2024 in San Francisco is the must-attend event for startup founders aiming to make their mark in the tech world. This year, founders have three exciting ways to…

Three ways founders can shine at TechCrunch Disrupt 2024

Google’s newest startup program, announced on Wednesday, aims to bring AI technology to the public sector. The newly launched “Google for Startups AI Academy: American Infrastructure” will offer participants hands-on…

Google’s new startup program focuses on bringing AI to public infrastructure

eBay’s newest AI feature allows sellers to replace image backgrounds with AI-generated backdrops. The tool is now available for iOS users in the U.S., U.K., and Germany. It’ll gradually roll…

eBay debuts AI-powered background tool to enhance product images

If you’re anything like me, you’ve tried every to-do list app and productivity system, only to find yourself giving up sooner than later because sooner than later, managing your productivity…

Hoop uses AI to automatically manage your to-do list

Asana is using its work graph to train LLMs with the goal of creating AI assistants that work alongside human employees in company workflows.

Asana introduces ‘AI teammates’ designed to work alongside human employees

Taloflow, an early stage startup changing the way companies evaluate and select software, has raised $1.3M in a seed round.

Taloflow puts AI to work on software vendor selection to reduce cost and save time

The startup is hoping its durable filters can make metals refining and battery recycling more efficient, too.

SiTration uses silicon wafers to reclaim critical minerals from mining waste

Spun out of Bosch, Dive wants to change how manufacturers use computer simulations by both using modern mathematical approaches and cloud computing.

Dive goes cloud-native for its computational fluid dynamics simulation service

The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside and work together. In an…

When foes become friends: Capital One partners with fintech giants Stripe, Adyen to prevent fraud

After growing 500% year-over-year in the past year, Understory is now launching a product focused on the renewable energy sector.

Insurance provider Understory gets into renewable energy following $15M Series A

Ashkenazi will start her new role at Google’s parent company on July 31, after 23 years at Eli Lilly.

Alphabet’s brings on Eli Lilly’s Anat Ashkenazi as CFO

Tobiko aims to reimagine how teams work with data by offering a dbt-compatible data transformation platform.

With $21.8M in funding, Tobiko aims to build a modern data platform

In 1816, French physician René Laennec invented an instrument that allowed doctors to listen to human hearts and lungs. That device — a stethoscope — eventually evolved from a simple…

Eko Health scores $41M to detect heart and lung disease earlier and more accurately

The number of satellites on low Earth orbit is poised to explode over the coming years as more mega-constellations come online, and it will create new opportunities for bad actors…

DARPA and Slingshot build system to detect ‘wolf in sheep’s clothing’ adversary satellites

SAP sees WalkMe’s focus on automating contextual, in-app support as bringing value to its own enterprise customers.

SAP to acquire digital adoption platform WalkMe for $1.5B

The National Democratic Alliance (NDA) has emerged victorious in India’s 2024 general election, but with a smaller majority compared to 2019. According to post-election analysis by Goldman Sachs, JP Morgan,…

Modi-led coalition’s election win signals policy continuity in India – but also spending cuts

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the…

18 hours ago
A comprehensive list of 2024 tech layoffs

Featured Article

What to expect from WWDC 2024: iOS 18, macOS 15 and so much AI

Apple is hoping to make WWDC 2024 memorable as it finally spells out its generative AI plans.

19 hours ago
What to expect from WWDC 2024: iOS 18, macOS 15 and so much AI

We just announced the breakout session winners last week. Now meet the roundtable sessions that really “rounded” out the competition for this year’s Disrupt 2024 audience choice program. With five…

The votes are in: Meet the Disrupt 2024 audience choice roundtable winners

The malicious attack appears to have involved malware transmitted through TikTok’s DMs.

TikTok acknowledges exploit targeting high-profile accounts

It’s unusual for three major AI providers to all be down at the same time, which could signal a broader infrastructure issues or internet-scale problem.

AI apocalypse? ChatGPT, Claude and Perplexity all went down at the same time

Welcome to TechCrunch Fintech! This week, we’re looking at LoanSnap’s woes, Nubank’s and Monzo’s positive milestones, a plethora of fintech fundraises and more! To get a roundup of TechCrunch’s biggest…

A look at LoanSnap’s troubles and which neobanks are having a moment

Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks paid over $1 billion.) According to Tabular co-founder Ryan Blue,…

Databricks acquires Tabular to build a common data lakehouse standard

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

The next few weeks could be pivotal for Worldcoin, the controversial eyeball-scanning crypto venture co-founded by OpenAI’s Sam Altman, whose operations remain almost entirely shuttered in the European Union following…

Worldcoin faces pivotal EU privacy decision within weeks

OpenAI’s chatbot ChatGPT has been down for several users across the globe for the last few hours.

OpenAI fixes the issue that caused ChatGPT outage for several hours

True Fit, the AI-powered size-and-fit personalization tool, has offered its size recommendation solution to thousands of retailers for nearly 20 years. Now, the company is venturing into the generative AI…

True Fit leverages generative AI to help online shoppers find clothes that fit

Audio streaming service TuneIn is teaming up with Discord to bring free live radio to the platform. This is TuneIn’s first collaboration with a social platform and one that is…

Discord and TuneIn partner to bring live radio to the social platform

The early victors in the AI gold rush are selling the picks and shovels needed to develop and apply artificial intelligence. Just take a look at data-labeling startup Scale AI…

Scale AI founder Alexandr Wang is coming to Disrupt 2024

Try to imagine the number of parts that go into making a rocket engine. Now imagine requesting and comparing quotes for each of those parts, getting approvals to purchase the…

Engineer brothers found Forge to modernize hardware procurement