Drip Water, a London, UK-based lifestyle water brand, received a $5M equity investment from Raya Holding, at a $125M valuation.
The company intends to use the funds to enhance its distribution and retail presence throughout the region, fostering strategic partnerships in sports, music, and events.
Launched in October 2023 by British TV chef and musician Big Zuu, Drip Water offers a premium canned alternative to still and sparkling water, with a commitment to sustainability. The water undergoes natural filtration through chalk layers, enriching it with essential minerals such as calcium and magnesium sourced from deep within England’s South Downs, ensuring better hydration and wellness benefits. By utilizing aluminium packaging, the brand reduces energy consumption, up to 95% compared to traditional plastic bottles or cartons.
Drip Water has experienced rapid growth since its inception and is now available nationwide in leading UK retailers. The brand is also set to launch in the United States in 2025.
FinSMEs
06/02/2025