Rekt Brands Inc. has announced the completion of a $1.5 million seed funding round, highlighting their network's growth and support from angel investors and the community.
Successful Funding for Rekt Brands
Rekt Brands Inc., the parent company behind Rektguy and Rekt Drinks, has completed a $1.5 million seed funding round funded exclusively by angel investors and the community, without institutional venture capital involvement.
Launch of Rekt Drinks
Following the launch of its first consumer product, a lime-flavored sparkling water with no caffeine or alcohol, Rekt Drinks sold out entirely within 48 hours. The product was available in 32 countries and sold out in just 4 hours and 20 minutes in the U.S. alone.
Brand Development and Future
With the new funding, Rekt aims to expand its product lineup, strengthen brand awareness both in and outside the Web3 sphere, while continuing to engage and reward its loyal supporters.
Rekt Brands plans to continue its growth in both the Web3 space and the market for physical products, emphasizing the importance of community in its future strategy.