Bhakti Inc. raises more than $2 million in equity offering
BOULDER — Bhakti Inc., the company behind the popular Bhakti Chai drinks, has raised $2.1 million in capital.
The Boulder-based company raised the funds in an equity offering, according to a Form D filed with the U.S. Securities and Exchange Commission on Aug. 15. The date of first sale was Aug. 3.
CEO Sarah Bird told BizWest that the capital will be used to help promote and distribute its new products: a line of 12-ounce chai drinks made with cashew milk and its chai in concentrate form. The company also makes its classic 16-ounce drinks and chai tea for brewing.
SPONSORED CONTENT
How dispatchable resources enable the clean energy transition
Platte River must prepare for the retirement of 431 megawatts (MW) of dispatchable, coal-fired generation by the end of the decade and address more frequent extreme weather events that can bring dark calms (periods when there is no sun or wind).
BOULDER — Bhakti Inc., the company behind the popular Bhakti Chai drinks, has raised $2.1 million in capital.
The Boulder-based company raised the funds in an equity offering, according to a Form D filed with the U.S. Securities and Exchange Commission on Aug. 15. The date of first sale was Aug. 3.
CEO Sarah Bird told BizWest that the capital will be used to help promote and distribute its new products: a line of 12-ounce chai drinks made with cashew milk and its chai in concentrate form. The company also makes its classic 16-ounce drinks and chai…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!