©Dash Water
UK-based flavoured water company, Dash Water, has closed an investment round and appointed David Milner as its new chairman.
The round brings the total raised by the brand to £7 million. Investors included ex-CEO of Tyrrells and CEO of Lily’s Kitchen, David Milner, existing backer Creator Collective Capital and David Abrahamovitch.
Dash Water uses wonky fruit and vegetables that would have been wasted to naturally infuse water with flavours that are free from sugars and sweeteners.
The funding round will allow Dash to invest in growth in Australia, widen its distribution channels and continue to drive its direct-to-consumer sales.
The appointment of new chairman, David Milner, who is the current CEO of St. Pierre Groupe, will also support the brand’s global expansion plans.
Jack Scott, co-founder of Dash, commented: “Reducing food waste is regarded by experts to be the third most effective weapon we have in the fight against climate change. Most importantly, this wouldn’t be possible without our loyal customers and investors – our biggest fans and advocates. We’re stoked to be adding our new investors to the Dash family and are excited to be working alongside an industry titan like David too.”
The brand has also released a brand-new mango flavour, which joins its existing line-up of raspberry, lemon, blackcurrant, peach and cucumber.
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