Slate Milk Closes $23M Round Led By Yasso Founders’ Fund
High-protein chocolate milk and canned coffee brand Slate has closed a $23 million Series B round led by Foundership Ventures, bringing the brand’s total investment to $50 million.
Lukas Southard
Senior Reporter, BevNET & NOSH
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
C-Stores Still Slow in August; Traffic -2.5% Over Summer
Convenience store traffic was down 115 bps since July, part of a 2.5% decline for the rolling three-month period.
Texas Gov. Signs Executive Order to Create Legal Hemp Framework
Texas governor Greg Abbott has signed an executive order mandating age restrictions on the sale of hemp-derived THC products, roughly three months after he vetoed a bill that would have outlawed the intoxicant entirely in the Lone Star State.
Liquid Death Goes To Eleven With Spinal Tap Ad, Pro Sports Investors
Liquid Death has added a pro sports investment firm, 4th & 1 Ventures, as it launches a Spinal Tap partnered marketing campaign.
The Racers, Not the Race: How Brands Win With Run Clubs
Run clubs have increasingly become a prime opportunity to connect with consumers and gather valuable data to build deeper retail footprints.
TÖST Adds $1M, Expands DSD Network
TÖST added over $1 million in bridge round funding as the brand grows its DSD network and targets on-premise retail with its new RTD canned format.
Magic Mind Secures New $12M Investment
Mental performance shot maker Magic Mind secured $12.4 million of a nearly $16 million round as it grows its retail footprint.
Could This Bill Legalize Intoxicating Hemp? Here’s A First Look.
An early draft copy of a federal bill legalizing consumable hemp products could circumvent the "backdoor" opened by the 2018 Farm Bill.
KDP Agrees $18B Deal to Acquire JDE Peet’s, Creating Coffee ‘Pure Play’
KDP is acquiring JDE Peet’s in an $18 billion deal and will divide its coffee segment from its refreshment beverages into two companies.
Amazon Capitalizes On Delivery Surge With Same-Day F&B Expansion
Amazon is now offering Same-Day Delivery for perishable groceries in over 1,000 cities, with plans to expand to 2,300 by the end of the year.
Reed’s Trying To ‘Earn Back’ Retailers After ‘Challenging’ Q2
Craft soda maker Reed’s reported another down quarterly earnings report as sales, margin and profit fell sharply amid lower inventory write-offs and volume declines.
Uncle Arnie’s Raises $7.5M, Targets ‘Category Leadership’ in THC Drinks
Cannabis beverage brand Uncle Arnie’s is planning to nearly double its team from 40 to 75 employees after closing a $7.5 million investment round co-led by Mindset Capital and Delta Emerald Ventures.
Tariffs, Inflation And Shifting Consumer Habits Signal Retail Uncertainty Ahead
New economic data on inflation, purchasing behavior and the impact of tariffs indicates a mixed outlook for CPG brands moving forward.
‘Too Good To Pass Up’: Not Beer Launches THC Drinks
Not Beer is not just a sparkling water brand anymore with the launch of a 3-SKU line of THC drinks, focused on value-generation in flavor formulation and pricing.