029 Group SE
ISIN: DE000A2LQ2D0
WKN: A2LQ2D
10 November 2025 04:30PM

EQS-News: 029 Group SE: Portfolio company TRIP closes $40m funding round

029 Group SE · ISIN: DE000A2LQ2D0 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2227138

EQS-News: 029 Group SE / Key word(s): Investment
029 Group SE: Portfolio company TRIP closes $40m funding round

10.11.2025 / 16:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


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.
TRIP is a UK-based consumer brand on a mission to help you find your calm amidst the chaos. Thanks to TRIP’s commitment to using only the highest quality CBD available in the UK, the range of delicious CBD infused drinks and oils are loved by their customers and has cemented TRIP’s position as a leading premium CBD brand.

Further information: https://drink-trip.com/

 

About 029 Group SE
029 Group SE believes that the next generation of consumer brands will be built on connection, experiences, and community. In a post-pandemic world, new patterns of work, life and leisure are emerging and accelerating. These trends create opportunities in hospitality and lifestyle for innovation-driven entrepreneurship with a strong community focus. 029 Group backs the most audacious entrepreneurs with a hands-on investment approach, focusing on areas where they can add significant value through their platform, global network and company building expertise. 029 Group is based in Berlin, Germany.

Further Information: https://www.029-group.com/

 

029 Group SE
Kurfürstendamm 14
10719 Berlin
E-Mail: ir@029-group.com
https://www.029-group.com/



10.11.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


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

2227138  10.11.2025 CET/CEST

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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
Quelle: boersengefluester.de and Company information
Explanation

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

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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
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
06.06.2025 26.09.2025 25.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,60%
33,00 €
ATH 47,60 €
+2,73% -11,43% +114,29% +114,29% +450,00%

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