Business Development & Fundraising Team Update July 13, 2018

 
busfin.jpg
 

THIS WEEK’S UPDATE

  • Secured a $5m investment from a VC firm
  • Reached out to a few of the investment banks and started receiving interest in joining our syndicate for the RTO
  • Working on our license in Greece
  • Talking with potential breweries to co-pack our Cambridge Bay, and have it in the stores by the end of the year

LOOKING FORWARD

  • After raising ~$7.5m (and adding a cap to the terms), we will close Series A round and open a Series B round with similar terms (without the cap) for the $2.5m that is left
  • Talking with additional investment banks to join our syndicate
  • Continue working on potential contracts with breweries and co-packer 

THINGS WE NEED HELP WITH

  • As we are closing Series A round, if you (or someone you know) wants to join this round, please reach out as soon as possible