TRIP Secures $40 Million Funding to Accelerate U.S. Market Expansion

Berlin, 10th November 2025. 029 Group SE has announced a successful $40 million funding round for its portfolio company, TRIP. Founded in London, TRIP is rapidly emerging as a leader in the wellness industry with its innovative "calming beverages." Under the leadership of CEO Olivia Ferdi, the company aims to double its projected $100 million revenue by 2026.

The new funding will primarily support TRIP's expansion in the U.S. market and enhance its partnership with the popular meditation app, Calm. TRIP's diverse offerings include magnesium drinks, supplement gummies, and electrolytes, already making a presence in 10,000 U.S. and 50,000 global locations.

Celebrity endorsements and community engagement are pivotal to TRIP's success. Investors and backers such as Coefficient Capital, coupled with strong customer connections, drive its growth. With the functional beverage industry's momentum, TRIP is carving out its niche alongside major players.