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H2O Direct Jan25
Funding
Chinese tea firm Chagee to raise $400m in US IPO - Financial Times
Chinese tea firm Chagee to raise $400m in US IPO - Financial Times

Chinese tea chain Chagee is pressing ahead with plans to raise nearly $400 million in a US initial public offering this week, according to the Financial Times.

Tea
The Ryl Company secures $15m in Series B funding to accelerate expansion and innovation
The Ryl Company secures $15m in Series B funding to accelerate expansion and innovation

The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.

Tea
Hi Auto raises $15m to expand AI drive-through tech for fast food chains
Hi Auto raises $15m to expand AI drive-through tech for fast food chains

Israeli AI-powered voice tech start-up Hi Auto has raised $15 million in Series A funding round to accelerate the rollout of its automated drive-thru ordering system for quick-service restaurants (QSRs).

Foodservice
ROR Coffee Solutions secures AED 30m investment to fuel expansion
ROR Coffee Solutions secures AED 30m investment to fuel expansion

ROR Coffee Solutions, has secured an AED 30m (approx. $8.2m) investment to fuel its expansion and innovation plans over the next five years.

Funding
Odeko secures $126m in Series E Funding to empower local coffee shops and food businesses
Odeko secures $126m in Series E Funding to empower local coffee shops and food businesses

The round includes $96 million in equity led by B Capital and a $30 million credit facility from Banc of California.

Appointments
Nestlé Spain invests €15m in Girona factory for recyclable Nescafé packaging
Nestlé Spain invests €15m in Girona factory for recyclable Nescafé packaging

Nestlé is investing €15m in its Girona site to introduce recyclable packaging for Nescafé soluble coffee and Nescafé Dolce Gusto capsules.

Coffee
Evoca Group expands with new branch in the Netherlands
Evoca Group expands with new branch in the Netherlands

Evoca Group has announced the opening of Evoca Nederland, a new commercial branch in Gorinchem, the Netherlands.

Coffee
BE WTR expands with new sustainable water bottling plant in London
BE WTR expands with new sustainable water bottling plant in London

Be WTR is expanding into the UK with a state-of-the-art bottling plant in London this April.

Water
Just Salad secures $200m investment to fuel expansion
Just Salad secures $200m investment to fuel expansion

Fast-casual dining chain Just Salad has secured $200 million in investment from a group led by Wellington Management.

Foodservice
Olipop secures $50m in Series C funding to expand functional soda offerings
Olipop secures $50m in Series C funding to expand functional soda offerings

Olipop, a rapidly growing player in the functional beverage sector, has successfully closed a $50 million Series C funding round.

Funding
Pret A Manger to open first South African store in Johannesburg
Pret A Manger to open first South African store in Johannesburg

Pret a Manger is set to make its debut in Africa, located in Johannesburg, South Africa.

Foodservice
Walmart Canada unveils CAD 6.5bn investment to drive expansion across the country
Walmart Canada unveils CAD 6.5bn investment to drive expansion across the country

Walmart Canada has announced a CAD 6.5bn (approx. $4.5bn) investment over the next five years to accelerate its growth in the country.

Funding
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