There are two main versions of creation.
According to historians, the original recipe for cold brew was invented by Dutch traders in the 16th century. It helped them transport already prepared drink. However, records of this are poorly preserved. The first quality records of cold brew coffee were found in Kyoto (Japan). According to the records, the Japanese started to make cold brew coffee in the 17th century. That is exactly the recipe that coffee is made now: cold water was dripped through ground coffee for a long time.
With the advent of easier access to heating equipment and advances in technology, cold brew was replaced by hot coffee.
Cold brew began to gain popularity again in the 60s of the last century. Back then, Todd Simpson saw how the people of Peru brew coffee using the cold method, and warm it up before serving. He noticed that the coffee was softer and less acidic, so he decided to come up with his own coffee brewing device.