An unnamed non-alcoholic mixer drinks brand has raised £950k in a Series A funding round.
The Series A round was oversubscribed by 30% and will support international expansion and working capital.
£950KSeries A
An established producer of premium non-alcoholic mixers operating in the premium spirits sector with annual sales of £2m.
An unnamed non-alcoholic mixer drinks brand has secured £950k in a Series A funding round. The raise was oversubscribed by 30%, building on existing sales of £2m and annual growth rates of 60%.
Funds from the round will be directed towards working capital and international expansion. BYC assisted in bringing additional investors into the oversubscribed round alongside existing shareholders.
Use of funds
- 01Expand into international markets
- 02Scale operations
Categories
About the company
UN
Unnamed Non-Alcoholic Mixer Drinks Brand
Produces premium non-alcoholic mixer drinks for the spirits market.
United Kingdom
£950KRaised