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