Austrian hydration company waterdrop has raised EUR60 million (USD70 Million) in a Series B funding round led by Singapore-headquartered global investment firm Temasek.

Austrian hydration company waterdrop has raised EUR60 million (USD70 Million) in a Series B funding round led by Singapore-headquartered global investment firm Temasek.

Existing shareholders Bitburger Ventures and Founders Future also participated in the round with the capital raised set to be used to further accelerate global expansion as well as continuous R&D investment.