Bevi, a smart water coolers company, has partnered in a $70 million Series D investment with Cowen Sustainable Investments (CSI), an environmental sustainability-focused growth investment platform.
Bevi machines offer a more affordable and environmentally sustainable alternative to bottled water and flavored seltzer and has helped customers save over 300 million single-use bottles and cans to date.
The $70 million in equity funding will support Bevi’s rapid growth and expansion into new verticals and products.