Dripl Raises €2M in Growth Funding

dripl

Dripl, a Brussels, Belgium-based provider of an alternative to sugary soft drinks in the workplace, raised €2M in growth funding.

The round was led by Faraday Venture Partners, The Source (Spadel Group), and various business angels including Wim Vernaeve, Jonas Mallisse, Stéphane Ronse, Matthias Geeroms, and Lieve Grawet.

The company intends to use the funds to further develop the refill points and expand across Europe, in addition to its current markets in Belgium and the Netherlands.

Founded by Lucas Moreau & Colin Deblonde in 2020 , Dripl aims to offer a healthy alternative to sugary soft drinks and plain sparkling water in the workplace. The startup produces packaging-free soft drink vending machines to reduce the number of soft drink containers. Through its Refill Points at companies such as Visma, BDO, Kaemingk, SAP, and Toyota, nearly 2.5 million packaging units have been avoided so far. Dripl can currently be found at various locations in Belgium and the Netherlands, with plans of saving 15 million packaging units by 2025.

FinSMEs

25/08/2023