The Source has just completed its second investment of 2023. Having already taken a stake in Qallo last April, Spadel's venture capital fund has today announced its investment in another promising Belgian start-up: Dripl, founded in2020by Colin Deblonde and Lucas Moreau.The impact start-upofferscompanies a healthier, more sustainable alternative to traditionalsodas, thanks to a machine that produces natural, low-calorie, low-sugar sodas on site, without disposable packaging. With a market size of 2.1 billion euros in the Western European office space alone, the growth potential of this new type of dispenser is huge. This is what prompted The Source to take an interest in Dripl. This investment fits perfectly with the Spadel fund's objective of acquiring stakes in promising start-ups in the hydration sector and helping them to grow through strategic and financial support.



Spadel NV published this content on 24 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 09:52:06 UTC.