MOTH Drinks secures a £4.6 million investment from venture capital firm Beringea to enhance its operations and expand into the U.S. market.
Target Information
MOTH Drinks, commonly referred to as MOTH, is an emerging player in the ready-to-drink (RTD) beverage market within the United Kingdom. Since its inception in 2021, MOTH has rapidly established itself as one of the fastest-growing premium RTD brands. The company currently commands a substantial 70% market share in the super premium segment of the grocery category in the UK, indicating its strong consumer appeal and effective market strategy.
The recent capital raise of £4.6 million will enable MOTH to enhance its operational capabilities by expanding its team and deepening its market penetration both in the UK and abroad, particularly in the United States. This strategic investment marks a significant milestone in MOTH's journey toward becoming a leading international brand in the premium RTD sector.
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Industry Overview in the UK
The ready-to-drink beverage industry in the UK has experienced remarkable growth, driven by changing consumer preferences towards premium and convenient beverage options
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Beringea
invested in
MOTH Drinks
in 2024
in a Other VC deal
Disclosed details
Transaction Size: $6M