Big Swig
Founded Year
2018Stage
Acquired | AcquiredTotal Raised
$1MAbout Big Swig
Big Swig offers sparkling water in different flavors with zero sugar, caffeine, or sweetener. On September 20th, 2021, Big Swig was acquired by YOOMA. Terms of the transaction were not disclosed.
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Expert Collections containing Big Swig
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Big Swig is included in 1 Expert Collection, including Food & Beverage .
Food & Beverage
3,502 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Latest Big Swig News
Oct 1, 2021
The deal was carried out via a merger between Big Swig and Yooma Acquisition II Inc., a wholly-owned subsidiary of the wellness group. Big Swig is now a wholly-owned subsidiary of Yooma and its former shareholders exchanged their shares for common shares of Yooma. Big Swig was valued at US$2.5mln, less liabilities and a final working capital adjustment on closing totalling US$1.3mln. This included US$375,000 owing to Yooma for funds advanced ahead of the transaction. Yooma issued 1.4mln shares at US$0.795 each to satisfy the payment. Yooma also announced on Friday it issued 22,815 common shares at a price of CAD$0.85 each to a former board member to pay for outstanding retainer fees for services provided earlier in the year. It also issued 298,911 common shares at a deemed price of CAD$0.738 per share to its chairman, Lorne Abony, to pay outstanding fees for services provided in 2020 to the company under a consulting agreement Quick facts: Yooma Wellness Inc Follow
Big Swig Frequently Asked Questions (FAQ)
When was Big Swig founded?
Big Swig was founded in 2018.
Where is Big Swig's headquarters?
Big Swig's headquarters is located at 500 San Marcos Street, Austin.
What is Big Swig's latest funding round?
Big Swig's latest funding round is Acquired.
How much did Big Swig raise?
Big Swig raised a total of $1M.
Who are the investors of Big Swig?
Investors of Big Swig include YOOMA.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
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