EQS-News: 029 Group SE: Portfolio company TRIP closes $40m funding round
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EQS-News: 029 Group SE
/ Key word(s): Investment
Berlin, 10th November 2025. 029 Group SE (ISIN: DE000A2LQ2D0), a global hospitality and lifestyle platform, proudly announces proudly announces that its portfolio company TRIP has successfully closed a $40 million funding round at a significantly higher valuation. Founded in London and led by CEO and cofounder Olivia Ferdi, TRIP has become one of the fastest-growing wellness brands globally, championing a new category of “calming beverages.” The company projects $100 million in profitable revenue for 2025, with expectations to double that by 2026, signaling robust growth in the booming functional drinks sector. The $40 million funding will accelerate TRIP’s U.S. expansion and strengthen its partnership with Calm, the leading meditation app with over 100m downloads. With a diversified product range spanning magnesium drinks, supplement gummies, and electrolytes, TRIP is evolving into a global wellness powerhouse, already available in 10,000 U.S. locations and 50,000 worldwide through major retailers such as Target, Whole Foods, and CVS. TRIP’s rapid growth has been fueled by strong community engagement and celebrity backers such as Joe Jonas, Alessandra Ambrosio, Paul Wesley, and Ashley Graham, alongside growth-stage investor Coefficient Capital. Over the past year alone, TRIP has generated over half a billion social media impressions, reflecting its resonance with consumers seeking healthier, stress-reducing alternatives to alcohol and sugary sodas. “Leading this category of calming beverages meant we couldn’t rely on a blueprint,” said Olivia Ferdi, Co-Founder and CEO of TRIP. “Being highly customer-centric and building a community around a shared mission is what drives sustainable growth.” Leon Sander, Managing Director of 029 Group SE, commented: “We’ve backed TRIP from day one and have been impressed by its exceptional execution, strong brand momentum, and disciplined global expansion. In the functional beverage market where prebiotic pioneers like Poppi, acquired by PepsiCo for 1.95 billion dollars, and OLIPOP, valued at 1.85 billion dollars, have established strong positions, TRIP is redefining a distinct and rapidly growing category.“
About TRIP Ltd. Further information: https://drink-trip.com/
About 029 Group SE Further Information: https://www.029-group.com/
029 Group SE
10.11.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | 029 Group SE |
| Kurfürstendamm 14 | |
| 10179 Berlin | |
| Germany | |
| E-mail: | ir@029-group.com |
| Internet: | www.029-group.com |
| ISIN: | DE000A2LQ2D0 |
| WKN: | A2LQ2D |
| Listed: | Regulated Market in Dusseldorf, Munich |
| EQS News ID: | 2227138 |
| End of News | EQS News Service |
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2227138 10.11.2025 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 0,00 | 0,01 | 0,00 | 0,00 | 0,05 | 0,90 | 0,00 | |
| EBITDA1,2 | 0,00 | 0,00 | -0,02 | -0,66 | -5,59 | 0,53 | 0,00 | |
| EBITDA-Margin3 | 0,00 | 0,00 | 0,00 | 0,00 | -11.180,00 | 58,89 | 0,00 | |
| EBIT1,4 | 0,00 | 0,00 | -0,02 | -0,66 | -5,59 | 0,35 | 0,00 | |
| EBIT-Margin5 | 0,00 | 0,00 | 0,00 | 0,00 | -11.180,00 | 38,89 | 0,00 | |
| Net Profit (Loss)1 | 0,00 | 0,00 | -0,02 | -0,66 | -5,62 | 0,33 | 0,00 | |
| Net-Margin6 | 0,00 | 0,00 | 0,00 | 0,00 | -11.240,00 | 36,67 | 0,00 | |
| Cashflow1,7 | 0,00 | 0,01 | -0,02 | -0,39 | -0,54 | -0,66 | 0,00 | |
| Earnings per share8 | 0,00 | 0,00 | 0,00 | -0,13 | -1,12 | 0,07 | -0,08 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Forvis Mazars
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| 029 Group | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A2LQ2D | DE000A2LQ2D0 | SE | 166,00 Mio € | 10.08.2022 | Halten | 9F4MG83M+Q3 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| -368,89 | 0,00 | 0,00 | -976,47 | 10,54 | -250,38 | 183,83 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,00 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 06.06.2025 | 26.09.2025 | 25.04.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +2,73% | -11,43% | +114,29% | +114,29% | +450,00% |
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