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.
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