Acai brand Oakberry has raised $67 million in Series C funding through investment bank BTG Pactual, earmarked for primarily for expansion in the US and globally.

With the funding, the company expects to reach more than $200 million in revenue and nearly 1000 stores worldwide by the end of this year.

“The strategy to invest in corporate stores in high-demand markets, like the US, represents an excellent opportunity for capital allocation while, at the same time, establishing our brand in these regions,” said Oakberry CEO and co-founder Georgios Frangulis.

Currently, Oakberry has about 700 stores across more than 40 countries. The company targets to open more than 200 stores in the US and triple its European footprint by 2026.

The company is also exploring co-investment opportunities in Australia and Portugal as additional priority markets for funding allocations from the capital round.