Over the past two months, investment group and incubator Sonoma Brands has seen changes to its operating team including the addition of two managing directors. Founder Jon Sebastiani told NOSH the additions are reflective of how the firm has evolved since its inception.
The former members of shared kitchen space Pilotworks were dealt another blow this week as Nursery, the incubator set to reopen in the space, ultimately decided to not move forward with its plans.
Adam Melonas, CEO of innovation lab Chew, announced his intention this week to take over the kitchen space and offices of Pilotworks’ former Brooklyn location. The new venture, known as Nursery, will serve as an incubator for emerging brands.
Vietnamese-inspired coffee brand Copper Cow Coffee today announced the close of a $2 million round of funding today. The round was led by Silverton Partners, which contributed half of the capital, with CRCM Ventures, Montage Ventures and Social Starts also taking part.
A2, which produces animal-free dairy products, announced last week a partnership with global ingredient firm ADM that aims to demonstrate the market potential of its technology through the launch of a milk-free whey protein.
The soda and snack giant’s food and beverage accelerator, already launched in Europe, yesterday announced the nine brands to join the program’s inaugural North American class.
Investment fund VMG and Asian venture firm Hillhouse Capital announced today that the two firms will each allocate $100 million of capital to co-invest in consumer brands that hope to expand their global outreach -- particularly in China.
The round was led by existing investors, including General Mills’ venturing arm 301 Inc. CAVU Venture Partners, and (according to an SEC filing) Whole Foods Market.
“Distributed kitchen” startup brand incubator Pilotworks abruptly ceased operations nationwide this weekend, leaving hundreds of food and beverage businesses without production and storage facilities or distribution to retail outlets.
At Almanac Insights, former Whole Foods Market global director of brands Elly Truesdale will help the firm evaluate possible investments and advise portfolio brands, which includes beverage makers Spindrift and New Barn.
Jason Karp, CEO and founder of hedge fund Tourbillon Global Master Fund, Ltd (TGMF), announced earlier this week that he will be shutting down the multibillion dollar fund and returning roughly $1 billion dollars of capital to investors.
In this video, NOSH editor Carol Ortenberg and BevNET assistant editor Martin Caballero explore some of the major themes and trends from Natural Products Expo East 2018 across food and beverage, including the rise of sparkling teas, the plant-based category’s maturation, and some of the most innovative products from this year’s show.
Can bone broth be the next kombucha? Investment group CAVU Venture Partners thinks so. The fund announced today an $8 million series A investment in upstart bone broth brand, Kettle and Fire
Boulder-based 1908 brands announced today that is has acquired prenatal and lactation nutrition brand Bundle Organics. The deal comes as Bundle announces new products to take the company beyond teas and beverages and into other popular food categories.