top of page

Drip Water is seeking to raise between $3 million and $5 million through convertible bridge notes to support its US expansion strategy following a series of sports partnerships and retail launches across the American market.


The lifestyle bottled water brand said the funding will be used to scale US operations, support inventory and logistics infrastructure, execute confirmed retail roll-outs and expand its operational teams across key markets.


Founded in 2024 by Luke Davis, Paul Hayes and Matt Dodds, Drip has positioned itself as a culturally driven hydration brand operating across sport, entertainment, music, fashion and wellness.


Drip said it has gained traction in the US retail market through confirmed launches in QuikTrip stores across Oklahoma and Kansas, ahead of broader roll-out plans covering more than 1,200 locations. The brand has also expanded onto Walmart's website and Amazon Marketplace.


According to the company, it is also in advanced discussions with retailers and operators including Whole Foods, Sprouts, Spec’s, Wawa, Terrible’s, US Foods and Wynn Resorts.


Drip’s initial US expansion strategy is focused on Texas, Nevada, Florida, Illinois and California, with the company targeting wider national growth by 2027.


The company said its strategy centres heavily on combat sports and athlete-led partnerships, particularly through its UFC collaboration, which it believes can help drive visibility, credibility and retail access.


Drip said it has also assembled a US executive team with experience across businesses including Campari USA, Q Mixers and Liquid Death.


Davis said the company aims to position Drip as the global “water of sport”.


Top image: © Drip Water
Drip Water targets $5m raise to accelerate US expansion

Rafaela Sousa

19 May 2026

Drip Water targets $5m raise to accelerate US expansion

Related posts
Speciality coffee consumption holds record high in US

Speciality coffee consumption holds record high in US

Speciality coffee consumption in the US remained at a record high in 2026, with 47% of American adults reporting they had consumed a specialty coffee in the previous day, according to the latest National Coffee Data Trends (NCDT) Specialty Coffee Report.

Ryl Tea secures $20m Series C as ‘modern tea’ category gains momentum

Ryl Tea secures $20m Series C as ‘modern tea’ category gains momentum

The Ryl Company, maker of the rapidly growing ready-to-drink iced tea brand Ryl Tea, has closed a $20 million Series C growth equity financing round.

Mini Melts, Magnum partner on US vending machine expansion

Mini Melts, Magnum partner on US vending machine expansion

Mini Melts USA has partnered with The Magnum Ice Cream Company to expand the availability of frozen treats through a nationwide roll-out of branded vending machines in the US.

Waterloo Sparkling Water launches three limited-edition summer flavours

Waterloo Sparkling Water launches three limited-edition summer flavours

Waterloo Sparkling Water has introduced three limited-edition flavours for summer, expanding its portfolio with seasonal offerings inspired by nostalgic American desserts and drinks.

bottom of page