Medical grade meal replacement producer Kate Farms announced today it has closed a $51 million Series B funding round led by Goldman Sachs and Kaiser Permanente Ventures. The round marks the second set of financing raised by Kate Farms this year, following a $23 million Series A-1 round which was closed in April. This new round brings the company’s total fundraising to $99 million.
The expansion announcement comes shortly after universally recognized music producer Kygo and renowned PGA tour professional golfer Rickie Fowler joined the company as co-owners earlier this year.
The iconic Kentucky bourbon today announced the start of its Small Town, Bright Lights contest, in which people 21 years of age and older can nominate a small town that deserves a once-in-a-lifetime holiday makeover as a reward for its remarkable character in 2020.
Fitness energy drink Celsius is nearing the $100 million mark in annual revenue for 2020 after the company reported $36.8 million in revenue during the third quarter, a new company record and an 80% rise from the same period last year.
CORONA, Calif. — Leading U.S.-based CBD brand CBD Living today announced the release of brand-new product labels, redesigned to make shopping for CBD Living products online and in-store easier than…
Hawai'i’s award-winning Koloa Rum Company debuts Koloa Kaua'i Cacao Rum in partnership with Kaua'i’s Lydgate Farms.
Americans have been increasingly discovering Asian foods, with products such as boba tea, shrimp chips, nori and Lao Gan Ma Sichuan chili oil developing cult-like followings. This inspired a local…
The Nomad Spirits Company announced the launch of their flagship spirits brand Serpiente Ultra Premium Tequila.
Vision Wine & Spirits, the national sales & import division of Martignetti Companies, is pleased to announce a new distribution agreement with United Liquors in Massachusetts.
In a sign that the at-home consumption trend appears as strong as ever, non-alcoholic beverage sales were up 12.2% year-over-year in the two-week period ending October 31, and up 12.7% in the four-week period, according to an analysis of Nielsen data by Goldman Sachs.
Probiotic juice shot maker So Good So You is getting a boost of its own with today’s announcement that the Minneapolis, Minnesota-based company has closed a $14.5 million funding round led by Prelude Growth Partners.
After taking a deep dive into the category dynamics and trends on the Expert Analysis portion of the show, the focus for this month’s episode of Category Close-Up: Plant-Based Milks & Creamers shifts to the brands that are driving the action on-shelf in retailers nationwide on Product Showcase.
BevNET Live Winter 2020 will feature Designer Speed Dating on Tuesday, December 8. For this round, brands have the opportunity to meet one-on-one with CPG designers. Speed Dating provides a virtual platform for brands to receive feedback on their packaging and create partnerships to do business.
Tiger Seed is a line of USDA Certified Organic beverages that feature non-carbonated formulations and are sweetened with agave. The line has three flavors, including Gingerade, Turmeric Tea and Matcha Mint.
