Essentia Water, LLC, a Bothell, WA-based provider of enhanced, alkaline water, received an investment of undisclosed amount.
The round was led by Castanea Partners with participation from First Beverage Ventures. As part of the transaction, Troy Stanfield, Partner at Castanea, will be joining the Essentia board of directors.
The company plans to use proceeds to continue its national expansion efforts and further invest in its infrastructure.
Launched in 1998 by Ken Uptain, Essentia uses a proprietary process that results in an electrolyte-enhanced water with an alkaline 9.5 pH. It is available at natural foods markets and grocers throughout the United States, and
online at Amazon.com.
FinSMEs
04/09/2014