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The Ryl Company Closes $20M Series C to Push ‘Modern Tea’
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The Ryl Company Closes $20M Series C to Push ‘Modern Tea’
The Ryl Company, the parent of iced tea brand Ryl Tea has closed a Series C growth equity round of $20 million led by Miami, Fla.-based Purchase Capital through its Ryl Growth Partners special purpose vehicle. The company said the new capital will support the Morriston, N.J., company’s growth, including continued retail and direct store delivery (DSD) expansion, build-out of its innovation pipeline, and team investments across operations, sales,…
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