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March 12, 2024 - Deals
Liquid Death Sells To Investors In Deeth
RAISE
IMAGE: Josh Brolin, Deandre Hopkins & Mike Cessario
DATE: 03/11/2024
COMPANY: Liquid Death
INVESTORS: SuRo Capital, Science, Neal Brennan, Live Nation Entertainment, Josh Brolin, Kim Jefferies, Gray's Creek Capital Partners, Derrick Green & Deandre Hopkins
AMOUNT: $67,000,000
VALUATION: $1,400,000,000
NOTE: Liquid Death, a beverage company known for its edgy branding and commitment to sustainability, recently closed a $67 million financing round, bringing its valuation to a staggering $1.4 billion. Led by founder and CEO Mike Cessario, the funding will fuel nationwide distribution expansion and support product innovation, with plans to introduce new sparkling water and iced tea flavors this spring. Backed by notable investors including actor Josh Brolin and NFL All-Pro DeAndre Hopkins, Liquid Death reported impressive retail sales of $263 million in 2023, marking triple-digit growth for the third consecutive year. The company's rapid ascent and diverse product offerings signal a promising trajectory in the competitive beverage market, with plans for a potential IPO on the horizon.
HQ: #SantaMonica #California
#VentureCapital #JoshBrolin #DeAndreHopkins #MikeCessario #LiquidDeath #SuRoCapital #Science #NealBrennan #LiveNationEntertainment #KimJefferies #GraysCreekCapitalPartners #DerrickGreen #TradedVC
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Anthropic Secures $10 Billion Contract With Volta Infra Holdings For AI Infrastructure ExpansionAnthropic is expanding its AI infrastructure footprint with a $10 billion, six-year contract with Nvidia-backed cloud startup Volta Infra Holdings, following a separate $200 billion five-year Google Cloud computing commitment. The deal will provide compute capacity from a renewable-powered data center in Norway using Nvidia’s Vera Rubin chips, as Anthropic scales its broader infrastructure strategy involving hundreds of billions of dollars in commitments across cloud and data center partners.
FOUNDERS: Dario Amodei & Daniela Amodei
AMOUNT: $10,000,000,000
HQ: San Francisco, California
#VentureCapital #Anthropic #DarioAmodei #DanielaAmodei #TradedVC