If over $200.6 million raised to date and a treasure trove of human souls wasn’t enough, Liquid Death announced this morning it has closed a fresh $67 million investment round at a valuation of $1.4 billion – doubling the $700 million valuation it announced after its 2022 Series D round. 🚛 The new round includes institutional funding from first time partner SuRo Capital, a publicly traded investment fund, as well as existing investors Live Nation, Science, Inc., and Gray’s Creek Capital Partners. The round also adds a number of distributor investors, including the “No. 1 distributors in North Carolina, Oregon, Utah and Washington,” among others, further tightening the brand’s relationship with key DSD partners. 💸 The company said the funding will go towards new product innovation as well as scaling operations. In a press release, Liquid Death said it has received “higher than anticipated retailer demand” for its upcoming flavor launches, necessitating much more manufacturing. 🤝 So where’s this all heading? Last summer, the company teased that it was considering an IPO and reportedly hired Goldman Sachs to help lead the process and had been quiet since. Co-founder and CEO Mike Cessario told Bloomberg that the company wants “optionality” in whether it goes through with an IPO or finds a buyer. We’re reaching out for more details, so stay tuned. | 
