RFINE collects spent coffee grounds from coffee shops and other java vendors and processes and stabilizes them into sustainable, shelf-stable food ingredients usable in products for humans or animals. The company’s system preserves and stabilizes what would otherwise be waste, addressing both sustainability and ingredient sourcing. RFINE graduated from Creative Destruction Lab Atlantic in 2024 and was founded in 2022 by Quinn Cavanagh and Gordon Neal. In a challenging funding environment it recently closed an oversubscribed equity round, strengthening its position to accelerate commercialization and scale its innovations. With the raise complete, RFINE is advancing toward new growth opportunities and seeking further non-dilutive funding. The company’s $1.7M close was noted as bucking regional trends in early-stage fundraising.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025