MATI continues to make progress in the healthy beverage scene, reaching $6 million in outside equity funding and expanding geographically this year.
As is evident through years of growth in sales, revenue and brand awareness, MATI Energy continues to live up to its reputation here in the Triangle community as a model of startup accomplishment.
In January, founder Tatiana Birgisson expressed 2017 would be a year of significant scaling with national expansion, additional team headcount and new product development. Just four months later, those goals are being met with a fresh $2.5 million in funding led by local investment funds Duke Angel Network, DUMAC and first-time MATI investor IDEA Fund Partners. With the cash in hand, MATI will accelerate growth of its tea-based energy beverage brand.
Click through the timeline below to learn about the major milestones leading up to the latest news from MATI.