Tech Company Financing Transactions
sipMARGS Funding Round
On 12/5/2023, sipMARGS raised $2 million in funding from Lab Capital Advisors.
Transaction Overview
Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Lab Capital Advisors (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand making its products available in Michigan, Ohio and Connecticut -- with more states to follow, including VA and CA in 2024.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
1341 Colonial Court Mamaroneck
New York, NY 10543
USA
New York, NY 10543
USA
Phone
Undisclosed
Website
Email Address
Overview
Producer of tequila and mezcal intended to create an authentic canned margarita. The company offers ready-to-drink sparkling margaritas that are made with real tequila and are low in calories, low sugar, and low carb, enabling consumers to get all-natural tasting flavored beverages at affordable prices.
Management Team
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