About NOVELTEA Drinks
NOVELTEA Drinks is a Consumer company based in Newcastle Upon Tyne (United Kingdom) founded in 2016 by Lukas Passia. Ready-to-drink alcoholic beverages are produced by NOVELTEA Drinks. 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. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Ready-to-Drink Alcoholic Beverages and Consumer Goods. Its legal entity is FEATURE SPIRIT LIMITED. Its competitors include CleanCo, Served and DRTY Drinks; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$2.76M (USD)
in 3 rounds
- Latest Funding Round$1.87M (USD), Seed
Dec 2020
- InvestorsCrowdcube
& 2 more
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.
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.
Apps and channels of NOVELTEA Drinks
its YouTube channel NOVELTEA has 14 subscribers and 7 videos.
Videos from NOVELTEA Drinks
The most watched videos on NOVELTEA Drinks's YouTube channel, NOVELTEA (14 subscribers). Click a video to play it here.
More on NOVELTEA.
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 $2.76M
- Total Rounds 3
- Last Round Seed — $1.87M
- First Round $398,441
(Jul 2018)
- Investors Count 3
All 3 funding rounds of NOVELTEA Drinks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $1.87M | Seed | – | – | |
| Dec 2019 | $498,513 | Seed | – | Dagmar wohrl | – |
| Jul 2018 | $398,441 | Seed | – | – | – |
3 investors in total: 2 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial assistance and development services for enterprises in North Eastern India. | 1995 | nedfi.com | Guwahati, India | |
Equity crowdfunding is enabled for startups and growing businesses. | 2010 | crowdcube.com | Exeter, United Kingdom | |
DW Dagmar wohrl | unknown_c3634b9ae83d4d16a |
Investor details for NOVELTEA Drinks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of NOVELTEA Drinks
1 people are tracked at NOVELTEA Drinks (1 in leadership).
| Name | Role | Group |
|---|---|---|
Lukas Passia | Co-Founder & MD | Leadership |
Complete people profiles for NOVELTEA Drinks
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Timeline of NOVELTEA Drinks
3 dated milestones of NOVELTEA Drinks across 4 years, from founding to its latest funding, stage changes and deals.
- Founded NOVELTEA Drinks is founded.
- Funding First funding round of $398K.
- Funding Latest funding round, Seed, of $1.9M.
Competitors of NOVELTEA Drinks
NOVELTEA Drinks has 3 listed competitors in our database, 2 of them funded. They include CleanCo, Served and DRTY Drinks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clean.co | 2019 | London, United Kingdom | $11.91M | Cocktails are branded and distributed by CleanCo in the UK. | ||
| serveddrinks.co.uk | 2019 | Covent Garden, United Kingdom | 4 | Internet first brand offering cocktails | ||
| drtydrinks.com | 2018 | United Kingdom | $653,495 | Brand of cocktail |
Detailed competitors of NOVELTEA Drinks
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Top companies in Alcoholic & Tobacco Products
2 companies that operate in the same segment as NOVELTEA Drinks (Alcoholic & Tobacco Products) in United Kingdom, ranked by their profile score on The Company Check.
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Related news about Noveltea Drinks
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. The company's 1st funding round was a Seed of $398.44K, raised on Jul 2018.
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 DRTY Drinks.
NOVELTEA Drinks offers Whisky & Oolong Tea, Rum & Green Mint Tea, Gin & Earl Grey Tea, and Dry Gin.
NOVELTEA Drinks operates through Feature Spirit Limited.