Plant-based dairy maker Mooala announced today it has raised $8.3 million in a Series A financing round led by Sweat Equities. The round brings the three-year-old brand’s total funding to more than $13 million. The round also includes additional financing from M3 Ventures, which led Mooala’s $5 million seed round last year.
Seeking to expand its sales and marketing team, sparkling yerba mate drink maker CLEAN Cause announced today it has raised $7 million in a series A round. Speaking with BevNET, CLEAN Cause founder and CEO Wes Hurt said the round was entirely financed by private individuals from the Austin, Texas area, where the nearly five-year-old brand is based.
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