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Baltimore start-up Zest Tea raises $1 million to caffeinate its business

Baltimore start-up Zest Tea raises $1 million to caffeinate its business

Zest Tea, a Baltimore start-up marketing a line of high-caffeine teas and drink, said Thursday that it’s closed a $1 million funding round to spur its continued growth.

The investments came from the Maryland Momentum Fund, a $10 million venture of the University System of Maryland, and Lord Baltimore Fund, a venture fund associated with the Blaustein family, heirs to the fortune of the American Oil Co. — Amoco — founder. The round also included some angel investors.

“This infusion of funding from Momentum Fund and Lord Baltimore gives us the ammunition we need to fuel rapid expansion and push Zest to the forefront of the rapidly expanding clean energy segment,” Zest Tea CEO...

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