Friday, October 30, 2020
 
Home Public Square PREPD closes pre-series

PREPD closes pre-series

 

Preserve Health Pty Ltd has successfully raised more than $950,000 in a Pre-Series A round to fund the growth of PREPD, a new range of hydration-boosting drinks.

PREPD is a two-step hydration-enhancer designed to boost the absorption of any sports drink and water to reduce dehydration, and help athletes perform at their peak for longer.

The Flinders University spin-out company raised funds from both current shareholders and new private investors, including Kevin Poulton, head coach of UCI Pro Cycling Team Katusha Alpecin.

 


After its launch in November 2018, PREPD experienced rapid month-on-month sales growth throughout summer, and is now available in more than 30 sports specialty stores, and sold online through www.prepdhydration.com.au.

 

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