Bonne O Holdings Inc., a Toronto, ON-based innovative beverage system developer, closed on the final tranche of its $7.5m in Series B financing.
The round was led by NY Group Partners with participation from new and existing investors including Radar Capital of Toronto.
The company intends to use the funds to develop and launch Spärkel and to accelerate its marketing efforts with full launch later this summer and continue to expand the distribution of the system.
Led by Darren Hatherell, President and co-founder, Bonne O provides a sparkling beverage system that infuses real ingredients and bubbles into drinks without a CO2 tank, in as little as 90 seconds.
Spärkel is available for presale now on Indiegogo with early bird discounts of up to 50%.