On March 2, 2017, State Drinks ApS, the company behind STATE – the balanced energy drink – announced the successful completion of a funding round. Following the launch of STATE in Denmark in 2015, the new investment will support further growth of the company including a Nordic expansion. The investment was supported by new investors Erik Skjærbæk, entrepreneur and shareholder in Parken Sport and Entertainment in Copenhagen, brothers Søren and Jesper Henriksen, and Anders Marcus, partner in Obton (investment management) as well as a majority of the existing shareholders including Danish football star Christian Eriksen and investment firm OTW Capital AB.

STATE is developed in a close cooperation with top-performing athletes, nutrition professionals and technical specialists in Denmark, with the objective to create the best performance enhancing product possible, by combining a high and lasting energy level with a stable blood glucose level and a mental balance throughout performances.