Flying Embers Closes $20 Million Funding Round Led by Beam Suntory

Ojai, California-based hard kombucha and hard seltzer-maker Flying Embers has closed a $20 million series C funding round, led by global spirits giant Beam Suntory. The investment will help fund expanded marketing and sales initiatives, as well as new product launches and the expansion of the company’s beyond beer portfolio.

GenTech’s FIZZIQUE Receives First Retail Orders from UNFI

WHEAT RIDGE, Colo. — GenTech Holdings, Inc. (OTC Pink: GTEH) (“GenTech” or the “Company”), (a/k/a Supplement Group (USA) Inc.,) an emerging leader in the Functional Food and Nutritional Supplement marketplaces,…

After Pace-Setting First Year, ZOA Aims Higher

This year, the brand is looking to continue expanding its audience with the release of two new zero-sugar flavors — White Peach and Tropical Punch, which will replace Original and Lemon Lime — and a 12 oz. can format.

Taste Radio: How A ‘Goat’ Of Beverage And Food Investment Picks Winners

Goat Rodeo Capital managing partner Carlton Fowler reflected upon the data and business criteria that influenced the firm’s initial investments and offered his evaluation of non-portfolio DTC brands and their potential for omnichannel success. He also weighed in on the continued blurring of lines within the non-alcoholic beverage and beverage alcohol industries and explained why Goat Rodeo’s second fund will not include investments in cannabis beverages.

Review: XUA Superfood Energy Drink

XUA (pronounced shoo-AH) Superfood Energy Drink is a recently launched energy drink that blends superfood ingredients and juice to create a formulation that’s low in calories but big on flavor. The brand currently features a single SKU, Brazilian Berry, which is packaged in a slim 8.45 oz can.

1933 Industries to Acquire CBD Beverage Brand Day One

Cannabis portfolio company 1933 Industries announced today it has signed a binding letter of intent to acquire CBD beverage maker Day One in an all-stock transaction, just four months after the sparkling water brand relaunched as an independent business.