HeatGenie is an Austin, Texas-based self-heating beverage technology company led by CEO Mark Turner. The company has developed a patented heater that integrates into standard beverage cans, enabling consumers to heat drinks on the go. HeatGenie’s technology is designed to be incorporated into beverage packaging and sold in partnership with beverage brands. The company raised $6M and intends to use the funds to complete product development and move into commercialization. HeatGenie plans to work directly with beverage brands to launch its integrated self-heating packaging in the marketplace. The recent financing is intended to support the transition from development to commercial rollout. Heat Genie develops a self-heating technology designed to revolutionize food packaging and streamline food prep time. The technology enables companies to package offerings in containers that self-heat, providing on-the-go convenience for consumers. According to the company, contents can be heated in less than two minutes with the push of a button located on the lightweight packaging. Heat Genie says the materials used are safe and recyclable. The product targets food companies seeking to offer quick, portable heated meals. The article reports that Heat Genie closed a $2.36 million funding round through equity crowdfunding.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2018