Drip Water, a London, UK-based life-style water model, acquired a $5M fairness funding from Raya Holding, at a $125M valuation.
The corporate intends to make use of the funds to reinforce its distribution and retail presence all through the area, fostering strategic partnerships in sports activities, music, and occasions.
Launched in October 2023 by British TV chef and musician Huge Zuu, Drip Water presents a premium canned various to nonetheless and glowing water, with a dedication to sustainability. The water undergoes pure filtration by means of chalk layers, enriching it with important minerals resembling calcium and magnesium sourced from deep inside England’s South Downs, making certain higher hydration and wellness advantages. By using aluminium packaging, the model reduces vitality consumption, as much as 95% in comparison with conventional plastic bottles or cartons.
Drip Water has skilled speedy progress since its inception and is now obtainable nationwide in main UK retailers. The model can also be set to launch in the USA in 2025.
FinSMEs
06/02/2025
