Fundraise

Refilled taps $3.81M Series A to swap bottled drinks for smart taps

What's the deal? Sydney startup Refilled has raised US$3.62M in a Series A to expand its Australian-made drinks dispensers. OIF VenturesDealroom has a profile for this one. Try Dealroom → led the round, with existing backer Melt VenturesDealroom has a profile for this one. Try Dealroom → and a personal investment from fund manager David ParadiceDealroom has a profile for this one. Try Dealroom →.

What does it make? The Refiller chills and filters tap water, serving it still or sparkling, with optional Australian-made flavours, caffeine, vitamins or electrolytes. Each machine holds the equivalent of more than 7,680 cans and reorders supplies automatically when stocks run low.

Why now? Refilled has found demand in the offices of Google, Meta, Atlassian, Netflix, Uber, and Marriott Hotels. By June 2025, it had installed 42 machines across Australia and signed its first Singapore customer, coworking operator The Working CapitolDealroom has a profile for this one. Try Dealroom →.

The money trail: The round takes total funding to US$4.85M, a step up from the US$841.2K seed Melt also led in 2023. OIF Ventures investor Oliver Darwin said the machine sells itself: "People see one and immediately want one for their office."

What's the endgame? Supplying ingredients gives Refilled recurring revenue after installation, and founder Ryan Nelson says customers can halve their drinks bill. "We've combined hardware, software, Australian manufacturing and a recurring beverage model into something that would be very difficult to replicate," he said. The startup plans to add probiotic, protein, and collagen drinks in 2027.

By the numbers: Nelson's original target was keeping 100 million single-use bottles out of landfill by 2030. Refilled is already at 1.6 million and aiming for a billion.

The signal: Connected dispensers that replace bottled drinks are a proven category — larger US rival Bevi has reached offices, universities, and hotels, and said it surpassed one billion bottles and cans avoided in 2026. That validates the market but also shows the scale Refilled must match, as its new capital goes toward turning early installations into repeatable, cost-effective deployment.

Read more: startupdaily.net

Image credit: infomatique

More top stories