Rekt Brands completed a seed funding round, raising $1.5 million with support from angel investors and the community, without venture capital involvement.
Rekt Projects and Funding
Rekt Brands Inc., behind the Rektguy NFT project and Rekt Drinks, announced the completion of a $1.5 million seed funding round. The funding was achieved exclusively through angel investors and community support.
Success of Rekt Drinks
Last week, Rekt Drinks debuted with lime-flavored sparkling water free of caffeine and alcohol. All 222,456 units distributed over 32 countries sold out in under 48 hours, highlighting the brand's potential in both real-world and digital spheres.
Rekt's Past and Future
Rekt was founded on the success of the Rektguy NFT collection by artist Ovie Faruq. Now, Rekt plans to expand its product range and strengthen its presence in and outside of Web3.
With the completion of the funding round, Rekt Brands aims to further expand and strengthen its global market position, keeping a core focus on its active and dedicated community.
