business
RTD tea maker The Ryl Company raises more funding
Key takeaways
- The New Jersey-based company raised the capital through a Series C equity round, led by investment firm Purchase Capital.
- In a statement, the group, which produces RTD tea brand Ryl Tea, said the capital will support its “next phase of growth”.
- This will include expansion in retail and direct store delivery (DSD), as well as growing the group s “innovation pipeline", and investing in operational, sales, and brand teams, it added.
RTD tea maker The Ryl Company raises more funding Ryl Tea cans · Just Drinks · The Ryl Company/Business Wire Satarupa Bhowmik Thu, June 4, 2026 at 7:52 PM GMT+7 2 min read The Ryl Company, the maker of ready-to-drink iced tea, has secured $20m in new funding.
The New Jersey-based company raised the capital through a Series C equity round, led by investment firm Purchase Capital.
In a statement, the group, which produces RTD tea brand Ryl Tea, said the capital will support its “next phase of growth”.
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