MatchaBar gets celebrity backing during $8m funding round

MatchaBar gets celebrity backing during $8m funding round

- in Business

US beverage brand MatchaBar has anchored $8 million in a Series Some sort of funding round as it endeavors to rapidly expand their line of bottled and dropped matcha drinks.

The round was brought by a roster of movie star investors, including musician Diplo, actor or actress Ansel Elgort and American footballer Von Miller. These people join Drake who invested in the brand last year.

To coincide with the money, MatchaBar has launched Hustle, a sparkling matcha energy drink from a 12oz can.

Brothers Max and Graham Fortgang started MatchaBar in 2014, creating a matcha caf in Ny. The brand launched a ready-to-drink form of its matcha beverages inand its bags are sold to more than 1,000 accounts, including Sector.

MatchaBar co-founder Graham Fortgang said: “MatchaBar lives at the heart for culture, which is why we could cease more humbled to have these painters, DJs, athletes, actors bring the mantra of ‘good things come to those who hustle’ to life.

“The language of energy is universal, and MatchaBar aims to deliver a better and more natural strength for today’s hustle. MatchaBar provides a sustained, focused energy, setting up it apart from the jolt and also crash associated with coffee, caffeine and energy drinks that are currently out on the market. Partnering with a relatives farm in Japan, we supply only the finest ceremonial grade matcha to deliver a product that simply works.”

Co-founder Maximum Fortgang said: “The key to disrupting the power category is engaging way of life and creating a lifestyle as well as set of values behind the company and product. We’ve happen to be building that on the ground for the past four years through our cafs, our activations across the country, and with meaningful joint ventures investing in companies and individuals that happen to be defining tomorrow. The bustle is real, and we are pleased to share our journey even as we set to become the next excellent American energy drink.”

Investor Von Kelemente added: “As an athlete and businessman, I know all about that bustle. I am thrilled to be a perhaps the MatchaBar family as more than just the C to support their efforts to secure a great drink out there in the marketplace for all, and to gift your hustle to my own associates, fam and fans.”

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