Thursday, October 8, 2020

OXIGEN Raises $15M For Water Brand

Vancouver, British Columbia- and Los Angeles-based Oxigen, a water brand which says it has a "ph balanced water boosted with oxygen", has raised $15M in a Series B funding round. According to the company, the funding came from celebrities and others, including Stephen Curry, Brett Eldredge (recording artist), Kevin Love (Cleveland Cavaliers), Bryan Ezralow (The Ezralow Companies), Jonathan Glaser (JMG Capital), Michael Meldman (Casamigos Tequila, Discovery Land Co.), Victor Coleman (Hudson Pacific Properties), Neal Moritz(Fast & Furious), Anthony Pritzker (Pritzker Private Capital), Daniel Yergin (author), and Richard A. Gephardt (formerly of US House of Representatives). The company said the new funding will go towards increased marketing and for scaling national distribution. The company's founder and CEO is Blair Bentham.