News from the spirits, craft spirits, and beverage alcohol categories.

First Beverage Group Announces Investment in Drizly

First Beverage Ventures, the private equity arm of First Beverage Group, has made an investment in Drizly, a technology company powering a superior shopping experience for beer, wine and liquor. First Beverage participated along with Polaris Partners and existing investors in a $13 million Series A financing.

Buffalo Trace Distillery Releases French Oak Bourbons

The French oak barrels were both constructed with Buffalo Trace’s exact specifications as far as size, stave drying, and charring. The barrel staves were air-dried for six months and the barrels were charred for 55 seconds. Both of these experimental barrels were filled with the same bourbon recipe, known as Buffalo Trace Rye Bourbon Mash #1.