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General Business
4 mins to read
3

Karma Cola gets backing for UK/European push

Private fundraising offer by Kiwi-owned organic drinks company oversubscribed.

Fiona Rotherham Mon, 13 May 2019

Organic drinks maker Karma Cola has raised $3.2 million in a private offer to wholesale investors that closes tonight.

Founded in 2012 by brothers Chris and Matt Morrison and Simon Coley, Karma Cola has grown to near $12m in annual revenue and exports to 20 countries. Chris Morrison was the

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Fiona Rotherham Mon, 13 May 2019
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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