WAKAZE raises funding to expand tap-cocktail production
PARTNERS FUND led the financing for a new Tokyo factory and a larger sales team.
WAKAZE has completed an equity financing led by PARTNERS FUND, joined by seven other new shareholders. The amount was not disclosed.
The Japanese drinks company will use the proceeds to increase production of kegged cocktails and strengthen sales to restaurants and hotels. It plans a Tokyo factory for early 2027.
WAKAZE has renamed SummerFall Tap Cocktails as WAKAZE Tap Cocktails, bringing the business under its founding brand.
Use of funds
Tokyo production factory
Sales hiring
Restaurant and hotel distribution