# Kona Deep Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kona-deep

- Industry: Consumer Products
- Headquarters: US
- Website: www.konadeep.com
- Total disclosed funding: $5.5M
- Latest round: Series B (Apr 17, 2019)
- Investors on record: 3

## About

Kona Deep Corporation is a producer of deep ocean water, sourced and bottled in Kona, Hawaii, providing a unique hydration solution that focuses on health and sustainability.Founded in 2015 in the United States, Kona Deep Corporation specializes in the production and distribution of desalinated deep ocean water. The company has undergone no significant pivots in its business strategy and does not have any reported subsidiaries. It was established by an unknown founder and has raised funding through two deals, with the latest being a Series A round on April 17, 2019, where it secured USD 5.50 mn led by Danone Manifesto Ventures, alongside investors BAM Ventures and Grand Crossing Capital. The total amount raised to date is USD 5.50 mn.Kona Deep specializes in the production and distribution of deep ocean water, which is desalinated and bottled at the source in Kona, Hawaii. The primary product offering is Kona Deep water, characterized by its unique mineral and electrolyte composition derived from deep ocean currents. Marketed as a superior hydration solution, it aims to hydrate consumers faster than conventional spring water or sports drinks. The company's commitment to sustainability is evident through its responsible harvesting practices, utilizing a renewable water source while preserving the planet's freshwater supplies. Kona Deep's products are available nationwide in the United States, targeting retail consumers, health enthusiasts, and online shoppers via platforms like Amazon.Kona Deep generates revenue primarily through direct-to-consumer sales and retail partnerships within the bottled water segment. The sales structure includes distribution to both retail outlets and online platforms, ensuring broad market reach. Transactions typically occur at checkout points where customers select packs or individual bottles. The pricing strategy reflects the premium nature of the product, emphasizing its unique benefits over standard bottled waters. Specific pricing details are not disclosed, with a focus on delivering a high-quality hydration experience aligned with the brand's health and sustainability values.Kona Deep Corporation's strategy for future growth includes the design and launch of new products, although specific details on these upcoming offerings and release dates are not provided. The company aims to expand into new geographic regions, targeting markets that have shown demand for premium hydration solutions. Recent funding from its Series A round will support these initiatives, helping to bolster its market presence and product offerings.

## Funding rounds

- Series B, Apr 17, 2019 — BAM Ventures
- Series A, Nov 21, 2017, $5.5M — BAM Ventures, Grand Crossing Capital, Danone Manifesto Ventures

## Investors

- BAM Ventures (https://capitalatlas.ai/funds/bam-ventures) — Series A, Series B
- Grand Crossing Capital (https://capitalatlas.ai/funds/grand-crossing-capital) — Series A
- Danone Manifesto Ventures (https://capitalatlas.ai/funds/danone-manifesto-ventures) — Series A