Swiss workplace refreshment innovator raises funding round

Boostbar AG, the Zurich based startup offering a modular and fully personalised tech-enabled food and beverage solution, has closed a financing round led by BackBone Ventures. The funds will be used to develop new products and accelerate growth.

Boostbar is a workplace refreshment innovator that combines design, technology and outstanding products to transform break experiences at work. The company is offering a modular solution comprising hardware (coffee machines, smart fridges and freezers) which are monitored via telemetry devices. The solution also comes with a payment solution integrated within the devices to allow access to a range of products. The F&B solution can be installed either at break corners (“Boostbars”) to offer products such as premium coffee, healthy snacks and drinks or as a complete 24/7 meal solution at the workspace.

The startup is already providing its solution to companies with varying workspace sizes from offices to warehouses. Boostbar also provides its technology to hotels and caterers, who use it to expand their existing offering. 

Thanks to its innovativeness, the startup has attracted BackBone Ventures, a Zurich-based venture capital firm to participate in its first financing round. Several well-known international business angels close to the industry also participated to support the company’s vision and mission. “With our investors’ and advisors’ expertise and resources we will continue to rapidly innovate and expand to achieve its vision of revolutionizing the workplace F&B landscape”, said Pascal Uffer, Founder and CEO of Boostbar.

“The market for office refreshments in DACH is characterized by a strong customer need that is not met by the existing players. Pascal and Johannes are both incredibly talented entrepreneurs who have extensive experience in the industry they are now changing. They have a clear vision and have already proven multiple times that they can execute on their plans”, said Jan Claudio Muñoz, Partner at BackBone Ventures.

Boostbar was founded in 2020 by known industry veterans: Pascal Uffer, Selecta’s former Group COO and Innovation Head, and Johannes Lermann, former CEO of Headquarter, a Zurich-based co-working company. Both founders are McKinsey alumni and hold MBAs from INSEAD.

(Press release)