Saint John-based Millennia Tea has closed a seed round that bolsters its ability to meet the growing demand for its tea, which is prepared in a way that preserves nutritional properties.
The company, which declined to reveal the size of the round, said it had received investment from: Charlottetown-based Natural Products Canada; New York-based investment group SOSV, which operates the Food-X accelerator; and private investors. Millennia Tea received the SOSV investment because it attended the three-month Food-X program in New York in 2019.
Millennia Tea was founded in 2016 by CEO Tracey