NOVELTEA Drinks

Newcastle Upon Tyne, United Kingdom Founded: 2016 • Age: 10 yrs
Ready-to-drink alcoholic beverages are produced by NOVELTEA Drinks.
Annual revenue - Latest available
Total funding $2.8M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

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
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  • Phone
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  • Website
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  • Social
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  • Legal Name Feature Spirit Limited
  • Date of Incorporation 28 Mar, 2023
  • Jurisdiction CHELTENHAM, ENGLAND
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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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.

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Primary

Alcoholic drink combining whisky and oolong tea for unique flavors.

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Rum mixed with green mint tea for refreshing beverages.

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Gin infused with Earl Grey tea notes for sophisticated sipping.

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Financial assistance and development services for enterprises in North Eastern India.
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Equity crowdfunding is enabled for startups and growing businesses.
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Dagmar wohrl

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Investor details for NOVELTEA Drinks

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Investments & Acquisitions by NOVELTEA Drinks

Investments
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Financial Statements - NOVELTEA Drinks

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Noveltea Drinks Comparisons

NOVELTEA Drinks Primary company
Description
Ready-to-drink alcoholic beverages are produced by NOVELTEA ...
Location
Newcastle Upon Tyne, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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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.

Company Name Domain Founded year HQ Location Description
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Cocktails are branded and distributed by CleanCo in the UK.
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Internet first brand offering cocktails
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Brand of cocktail
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Cocktail products are branded and distributed by Tappd Cocktails.
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Detailed competitors of NOVELTEA Drinks

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Latest news on Noveltea Drinks

Alcoholic tea company enters liquidation
Insidermedia3 years ago
NOVELTEA gets £1.4m boost
Insidermedia5 years ago
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Complete news archive for NOVELTEA Drinks

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Frequently Asked Questions about NOVELTEA Drinks

NOVELTEA Drinks was founded in 2016 and raised its 1st funding round 2 years after it was founded.

NOVELTEA Drinks is headquartered in Newcastle Upon Tyne, United Kingdom.

NOVELTEA Drinks is a funded company, having raised a total of $2.76M across 3 funding rounds to date.

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.

NOVELTEA Drinks's top competitors include CleanCo, Served and Tails Original.

NOVELTEA Drinks offers Whisky & Oolong Tea, Rum & Green Mint Tea, Gin & Earl Grey Tea, and Dry Gin.

NOVELTEA Drinks has 3 investors. Key investors include Crowdcube, NEDFi, and Dagmar wohrl.

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