NFL star Saquon Barkley is investing in X2 Performance, an energy drink brand looking to expand into U.S. grocery stores.
Barkley is joining the late-stage funding round along with L Catterton, a private equity firm backed by LVMH and the family of its chairman, Bernard Arnault. The round will total about $16 million, including new funding and debt, with details set to be announced Wednesday. X2 had previously raised almost $29 million, according to data provider PitchBook.
