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Wine Gadget Plum Raises $9 Million

Wine preservation gadget Plum Raises $9 Million
Credit: plum.wine

Plum closed $9 million in Series A financing. Khosla Ventures and Las Olas Venture Capital participated in the round.

Plum is an appliance that automatically identifies, chills and preserves wine. The gadget lets users put any two bottles on tap and serves as much or as little as the user desires, maximizing the flavor by serving every glass at its varietal or blend’s ideal temperature. Plum works with any standard 750ml bottle, and it can handle both natural and artificial corks, as well as metal screw caps, without removing the foil or closure.

According to the company, it will use the financing to continue working to transform how consumers enjoy wine at home as well as to expand into the luxury hotel sector, bringing wine by the glass into hotel guest rooms.