Austin canned cocktail startup Canteen Spirits and Cantina, which makes a variety of fruity vodka sodas, announced April 16 that it has raised a $31 million round of equity and debt funding led by ATX Global Co-invest, which is part of ATX Venture Partners.

Canteen launched in 2019. It has reached shelves in all 50 states, as well as via alcohol delivery app Drizly, and it says it sold 517,000 cases of its canned cocktails in 2020. Read more.