About NOVELTEA Drinks
NOVELTEA Drinks is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2016 by Lukas Passia.. NOVELTEA Drinks has raised $2.76 million across 3 funding rounds from investors including Crowdcube, NEDFi and Dagmar wohrl. NOVELTEA Drinks offers products and services including Whisky & Oolong Tea, Rum & Green Mint Tea, Gin & Earl Grey Tea, and Dry Gin. NOVELTEA Drinks operates in a competitive market with competitors including CleanCo, Served, DRTY Drinks, Tails Original and Tappd Cocktails, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
- Founders Lukas Passia
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Feature Spirit Limited
- Date of Incorporation 28 Mar, 2023
- Jurisdiction CHELTENHAM, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.76 M (USD)
in 3 rounds
-
Latest Funding Round
$1.87 M (USD), Seed
Dec 01, 2020
-
Investors
Crowdcube
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of NOVELTEA Drinks
NOVELTEA Drinks offers a comprehensive portfolio of products and services, including Whisky & Oolong Tea, Rum & Green Mint Tea, Gin & Earl Grey Tea, and Dry Gin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Alcoholic drink combining whisky and oolong tea for unique flavors.
Rum mixed with green mint tea for refreshing beverages.
Gin infused with Earl Grey tea notes for sophisticated sipping.
Premium gin with over 30 botanicals for cocktails and long drinks.
Funding Insights of NOVELTEA Drinks
NOVELTEA Drinks has successfully raised a total of $2.76M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.87 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.9M
-
First Round
First Round
(18 Jul 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - NOVELTEA Drinks | Valuation |
investors |
|
| Dec, 2019 | Amount | Seed - NOVELTEA Drinks | Valuation | Dagmar wohrl |
|
| Jul, 2018 | Amount | Seed - NOVELTEA Drinks | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NOVELTEA Drinks
NOVELTEA Drinks has secured backing from 3 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Crowdcube, NEDFi and Dagmar wohrl. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Financial assistance and development services for enterprises in North Eastern India.
|
Founded Year | Domain | Location | |
|
Equity crowdfunding is enabled for startups and growing businesses.
|
Founded Year | Domain | Location | |
|
DW
Dagmar wohrl |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by NOVELTEA Drinks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - NOVELTEA Drinks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Noveltea Drinks Comparisons
Competitors of NOVELTEA Drinks
NOVELTEA Drinks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CleanCo, Served, DRTY Drinks, Tails Original and Tappd Cocktails, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cocktails are branded and distributed by CleanCo in the UK.
|
|
| domain | founded_year | HQ Location |
Internet first brand offering cocktails
|
|
| domain | founded_year | HQ Location |
Brand of cocktail
|
|
| domain | founded_year | HQ Location |
Brand of cocktails
|
|
| domain | founded_year | HQ Location |
Cocktail products are branded and distributed by Tappd Cocktails.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Noveltea Drinks
Frequently Asked Questions about NOVELTEA Drinks
When was NOVELTEA Drinks founded?
NOVELTEA Drinks was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is NOVELTEA Drinks located?
NOVELTEA Drinks is headquartered in Newcastle Upon Tyne, United Kingdom.
Is NOVELTEA Drinks a funded company?
NOVELTEA Drinks is a funded company, having raised a total of $2.76M across 3 funding rounds to date. The company's 1st funding round was a Seed of $398.44K, raised on Jul 18, 2018.
What does NOVELTEA Drinks do?
NOVELTEA Drinks was established in 2016 in Newcastle Upon Tyne, United Kingdom, as a brand within the alcoholic beverages sector. Ready-to-drink products are developed and distributed by the company, with operations centered on innovative formulations. Leadership is provided by Co-Founder and Managing Director Lukas Passia. The domain novelteadrinks.com supports online presence, and activities are focused on the UK market.
Who are the top competitors of NOVELTEA Drinks?
NOVELTEA Drinks's top competitors include CleanCo, Served and Tails Original.
What products or services does NOVELTEA Drinks offer?
NOVELTEA Drinks offers Whisky & Oolong Tea, Rum & Green Mint Tea, Gin & Earl Grey Tea, and Dry Gin.