By Matthew Lynley.
In what the company is calling “a very difficult time for hardware companies in the smart kitchen space,” Tea infusion device startup Teforia is saying it is ceasing operations today, according to its website.
The above note about it being hard for hardware companies in the smart kitchen is likely a reference to devices like the now-defunct Juicero (which raised more than $100 million in venture financing). Teforia’s main product was an internet-connected tea infuser that could brew the pre-packaged teas from the startup, which it called “Sips.” Users pack the Sips into the company’s “infusion globe,” and those packages cost a couple of bucks each. The price tag was very high, much like some of these other Silicon Valley solutions that look to hit people with more spending power.
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