News

Taste Radio Ep. 224: How Do You Mainstream A Coastal Concept? A Couple ‘Dadz’ Have A Plan.

“New Girl” actor Max Greenfield and serial entrepreneur Mike Constantiner, co-founders of dad-centric consumer products and lifestyle company Dadz, spoke about how they’re attempting to reach a “new generation of dads,” the importance of a strong founding team and why it offers a “shortcut” to a fast start and how the brand is being communicated to the trade and consumer press.

Lemon Perfect Closes Convertible Note, Capping $11.6M Seed Round

Fast-growing beverage maker Lemon Perfect today announced the closing of a $6.6 million funding round that brings its total seed financing from pre-revenue stage to $11.6 million. The round was led by CPG-focused private equity firms Skyview Capital, Beechwood Capital and The Big Squeeze.

Molecular Coffee Startup Atomo Raises $9M in Seed Round

Atomo Coffee, maker of “molecular coffee” made not from coffee beans but from upcycled ingredients, announced last week the close of a $9 million seed funding round. S2G Ventures, whose portfolio includes Beyond Meat and Ripple, along with AgFunder and Bessemer Venture Partners participated in the round.

Joíí Barley Water Announces Launch

Joíí Barley Water, a new line of functional waters powered by the ancient superfood barley grain, offers a new, refreshing beverage that satisfies cravings for plant-based hydration, while quenching thirst and nourishing the body. 

Speed Dating: Connect with Investment Bankers to Explore Valuation and Start Your Process

Brands big and small benefit from maintaining good relationships with investment bankers, who often help them navigate important decisions when it comes to fundraising and valuation. On Thursday, September 3rd, brand leaders will have the opportunity to participate in 1-on-1 virtual meetings with investment bankers that have expertise facilitating dealmaking in the food and beverage industry.

PLAY MODE Expands Distribution With UNFI

PLAY MODE BEVERAGE COMPANY, announces new distribution through UNFI, United Natural Foods Inc’ on the forefront of identifying and growing emerging brands.

Stevia Brand Fined for Using Chinese Prison Labor

U.S. Customs and Border Patrol (CBP) announced yesterday that it had collected a $575,000 fine from stevia producer Pure Circle USA, a division of PureCircle Limited, for importing sweetener that was made by prison labor in China.

Is a Valuation Squeeze Inevitable? Discuss it During Office Hours with Green Circle Capital, North Castle Partners, and L. Catterton

On the next episode of Office Hours we'll discuss valuation trends in the natural products industry and the overall changes in fundraising and operational strategy that can help guide brands as the capital cycle changes. This look at valuations and at the overall investment market for rising food and beverage brands will be part of a special three-part content and networking series.

Taste Radio Insider Ep. 95: Why Successful Brands Respect And Love Their Competitors

Hannah Crum, co-founder and president of influential trade association Kombucha Brewers International, spoke about how she manages a membership group comprised of “frenemies,” the recent launch of a Code of Practice for brewing kombucha and why it’s important to support the category’s evolution despite the misgivings of some within the space.

How USDA’s Organic Fraud Rule Could Impact CPG Brands

A proposed rule by USDA, ‘Strengthening Organic Enforcement,’ aims to curb organic fraud via more oversight of the organic marketplace, including production, handling and sales. If implemented, it would be the largest update to organic oversight in 20 years.