Bonne O Holdings, a beverage system developer, recently closed on the final tranche of its $7.5 million in Series B financing.
The round was led by NY Group Partners in the U.S. with participation from new and existing investors including Radar Capital of Toronto. This is the company’s largest financing to-date.
The financing has enabled the development and launch of Spärkel, the company’s sparkling beverage system that infuses real ingredients and bubbles into drinks at the touch-of-a-button without a CO2 tank. The company will use a portion of the funding to accelerate its marketing efforts with a full launch later this summer and for growth by continuing to expand the distribution of Spärkel.
The Spärkel beverage system is available for presale now on Indiegogo with early bird discounts of up to 50%.
“Spärkel’s mission is to enable everyone to create healthy, delicious and fun beverages. By infusing real, fresh ingredients and bubbles at the touch of a button, everyone can easily create an unlimited range of drinks,” said Darren Hatherell, president and co-founder of Bonne O. “This funding will allow us to scale the company as we serve thirsty, creative people everywhere.”