LUXEMBOURG, March 10, 2021 /PRNewswire/ — VERSO Capital, the Luxembourg-based boutique merchant banking and financial services firm, has announced the successful closing of a series seed in Nitro Beverage Inc. The extra capital will allow the New Jersey-based producer of fair trade, nitrogen-infused organic cold brew coffees, to expand its product lines and increase retail capabilities across the United States.
VERSO Capital has a history of investing in visionary and disruptive companies. Over the past four years, it has invested over $245 million in tech start-ups ranging from climatech to foodtech and biotech. It led the seed investment rounds resulting in a new capital injection into Nitro Beverage Inc., the innovate beverage platform and creators of NITRO cold brew coffee.
Founded in 1958, VERSO Capital is a boutique merchant banking and global financial services firm based in Luxembourg and operating out of Geneva, Fribourg, Vaduz and Dubai. Led by Julien Machot, it works with clients worldwide and is known for being highly selective in its investments, investing in just three to five companies a year. VERSO Capital isn’t just about the returns; it gets involved with impactful projects that positively affect society and the environment. Consequently, the firm was proud to provide support for NITRO, who only source the highest-quality organic and fair-trade ingredients.
The equity financing provided NITRO, based in New Jersey, with the means to continue its…