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Athletic Brewing Co. raised $50M in an equity financing round led by General Atlantic to drive long-term growth and spearhead its third U.S. brewing facility.
PRIVATEJul 09, 2024•almost 2 years ago
Amount Raised
$50 Million
Investors
General Atlantic
Description
Athletic Brewing Co. has closed a $50 million equity financing round led by General Atlantic, with participation from multiple existing investors. The company plans to use the new capital to drive long-term growth and spearhead its third U.S. brewing facility.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech
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