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The Naked Collective Planning To Raise Up To €20m In Q1 2021

Published on Sep 28 2021 1:00 PM in Drinks tagged: Mude / The Naked Collective / So.Beer / healthy drinks

The Naked Collective Planning To Raise Up To €20m In Q1 2021

According to The Irish Independent, Irish healthy drinks company The Naked Collective is planning to raise up to €20 million in the first quarter of 2021.

The Naked Collective

The company, which is behind functional drink brand Mude and non-alcoholic So.Beer, recently closed a €6.2 million fundraising round, which exceeded The Naked Collective's original target of €5 million.

Speaking to The Sunday Independent, Catherina Butler, who co-founded The Naked Collective with Niall Phelan, reportedly said that the planned funding round will be in the region of €15 million to €20 million.

Butler reportedly added that it will help drive distribution across North America.

© 2021 Hospitality Ireland – your source for the latest industry news. Article by Conor Farrelly. Click subscribe to sign up for the Hospitality Ireland print edition.

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