Image Credits:<\/strong> Getty Images<\/p>\n<\/div>\n

Tech investors don\u2019t tend to back physical businesses because they have so many literal moving parts: SaaS startups can\u2019t get a flat tire or fail a health inspection, and they certainly don\u2019t need foot traffic.<\/p>\n

\u201cBut Blank Street claims to have cracked the code on how to make a chain of more than 65 physical coffee shops have the right metrics to attract venture capitalists,\u201d writes Rebecca Szkutak.<\/p>\n

\u201cThey recently closed on a $20 million Series B round amid a year where fundraising has taken a nosedive \u2014 even for companies with low overhead costs.\u201d<\/p>\n