25 September 2024
Australian cold brew tea company, East Forged, has successfully completed a $1.5 million capital raise led by Global Mind Agriculture Australia - the venture capital arm of Vietnam’s leading agribusiness, TTC AgriS.
John Coghlan, Partner, and Victoria Nadalin, Associate, of Coghlan Duffy assisted East Forged in this transaction.
This investment is expected to assist East Forged to expand product capabilities, brand reach and enter key overseas markets. For more information, please refer to the article in SmartCompany.
About East Forged
Brisbane-based East Forged was founded in 2020 by Tania Stacey and Kym Cooper. East Forged produces ready-to-drink teas made using an innovative cold-brewing process that incorporates nitrogen infusion. East Forged teas are made with green, black and white tea leaves sourced from ethical growers in Australia and China, with each batch brewed for up to 12 hours at the business’ facility in Sydney.
For more information, please visit East Forged’s website here.
For more information on the transaction, contact
John Coghlan | Partner
E: jcoghlan@cdandco.com.au
Coghlan Duffy is a specialist corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.
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