Tag Archives: nectar

Restaurants depend on the sale of alcoholic beverages for 60 percent of their revenue. This means that knowing what happens to liquor after it’s put on the shelf behind the bar is critically important to bar owners. Today, connected-device startup Nectar is launching a pour spout and stopper equipped with ultrasound technology to …

Nationally, bars today lose billions of dollars from improperly managed alcohol inventory. These losses add up quickly as a result of oversized pours, spills and even theft. Nectar, a stealth connected-device startup operating out of a Palo Alto dentist’s office (of all places), just locked down a $4.55 million seed funding …