Smart vending machine maker Popcom raises $1.3 million through Regulated CF security token offerings.
Smart vending start-up Popcom raised millions to bring more of their vending machines as the demand for more contact-less retail solutions rises.
Popcom, led by Dawn Dickson and one of the few Black women-owned blockchain companies, crowdfunded $1.3 million in its latest funding round, according to Black Enterprise. So far, the company has raised a total of $2.3 million with the majority of investments done through Regulated CF security token offerings.
The company aims to grow its operations, build its team and add more of its vending machines. Popcom provides touchless vending machines that track transactions to create live sales and product reports. Their machines are distributed to retail sectors that are regulated like the pharmaceutical, alcohol, tobacco and cannabis sectors.
Cointelegraph reported that blockchain has opened paths for many people but the technology industry, in general, still has a long way to go in terms of diversity.