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Stock impact report

Olipop valued at $1.85bn following $50m raise [Yahoo! Finance]

Clorox Company (The) (CLX) 
Last clorox company (the) earnings: 5/1 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
· ZikG/Shutterstock. GlobalData Thu, February 13, 2025 at 1:50 PM GMT+1 2 min read US functional soda brand Olipop has raised $50m in a Series C funding round, bringing its valuation to $1.85bn. JP Morgan Private Capital's Growth Equity Partners led the investment round. In a statement, Olipop said the cash injection marked its "final anticipated round of equity financing", after becoming profitable "in early 2024". Olipop plans to use the proceeds to “drive product development, expand marketing efforts, and diversify distribution channels”. It also looks to bolster its retail presence, add new products to its range, and “increase availability in spaces traditionally dominated by legacy sodas”. Commenting on the valuation, Olipop CEO Ben Goodwin said: “It's staggering and thrilling to have achieved a $1.85bn valuation after just five to six short years in market”. JP Morgan Growth Equity Partners managing partner Christopher Dawe said “Olipop is one of the faste Show less Read more
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