Consumer
Olipop Valued at $1.85 Billion in $50 Million Funding Round
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Olipop Inc., the high-fiber, lower-sugar soda startup, raised $50 million in a Series C funding round at a valuation of $1.85 billion.
Chief Executive Officer Ben Goodwin said the company is in a healthy financial position, but is raising money to expand product development, marketing and distribution. The round was led by JP Morgan Private Capital’s Growth Equity Partners.