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5th May 2021 Lyre’s, one of the world’s leading independent non-alcoholic spirits brands, has completed a seed-plus funding round valuing the business at over £100m amid a rapidly expanding no/low alcohol spirits category. This milestone has been achieved in under 24 months of trading, during which time Lyre’s has become one of the most widely distributed non-alcoholic spirits brands – now available in 43 countries – generating double-digit monthly revenue growth with annualised sales on course to exceed £35m by the fourth quarter of this year. Lead institutional investors introduced in the latest funding tranche – Lyre’s third round since inception – include US-based Morgan Creek Capital Management (early-backers of Alibaba, SpaceX, Lyft, Drizly NinjaVan and Allbirds) and Bitburger Ventures (the investment arm of the German brewing dynasty). These enterprises joined existing investors, DLF Venture, VRD Ventures, SFO GmbH, Maropost Ventures

United statesUnited kingdomDrizly ninjavanMark yuskoUnited airwaysOur consumer opportunities fundBritish airwaysMorgan creek capital managementBitburger venturesMaropost venturesMark livingsMorgan creek capitalConsumer opportunities fundஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஒன்றுபட்டது வானெறிக்குழுப்பெயர்