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Wet Hydration Closes $4.5M Round, Former Celsius EVP Joins

Functional beverage startup Wet Hydration has closed a $4.5 million funding round, backed exclusively by private investors, as the brand looks to amp up its market presence this year with new innovation and key new personnel hires, including a former Celsius sales executive.

Nixie Nets Nearly $27M Investment

Nixie Beverage Company has landed a $26.9 million investment as it scales deeper into the zero-sugar soda set.

Lucky Energy Nets $14.2 Million in Fresh Funding

Clean ingredient energy drink maker Lucky Energy has secured a new tranche of growth capital as it looks to double down in key markets while broadening its team.

Reed’s Posts Mixed Q4 Results Amidst Inventory Challenges

Despite announcing a double-digit decline in Q4 net sales on Wednesday, soda maker Reed’s expressed confidence that its de-levered balanced sheet and enhanced financial flexibility will help it return to growth in 2025.

Checking In: Squier’s Seeks to Marry Craft, Convenience with New RTDs

That’s still an ambition over the long term, said Squier in an interview last month, with the forthcoming launch of a new four-SKU line of hemp THC-infused seltzers reflecting how the brand is responding and adapting to practical consumer demands — while trying to adhere to its craft-forward approach.