SJF Ventures led the round, while other investors included Interplay Ventures, Third Prime Capital, Dolik Ventures, and Robert Beckler, the former president of packaging at WestRock.
Plant-based, health startup Revere launched last week with plans of bringing personalization to athletes’ pre- and post-workout mixtures. Now, the direct-to-consumer drink mix company has announced it raised $2 million in a seed round led by Lerer Hippeau Ventures prior to the launch.
At first, suppliers weren’t sure what to make of the deal, with numerous food and beverage companies reserving their comments. Now, after more than a week’s reflection, many have told BevNET and sister site Project NOSH they are excited about the potential sales opportunities the partnership could provide, expressing enthusiasm for how it will maintain or even enhance Whole Foods’ reputation as a launching pad for small brands.
During last week's BevNET Live Expo, suppliers and flavoring companies took over the conference floor to showcase their latest innovations. Reporters from BevNET sister site Project NOSH walked the floor to survey exhibitors on what they think are the top trends of the flavor world right now.
In a deal that’s shaking the shopping experience for consumers, retailers, and food and beverage companies, Amazon’s scooping up of Whole Foods for $13.7 billion on Friday has hardened talk of large-scale disruption in the way consumers buy their groceries.
Rise Brewing Company is touting its coveted crown as the winner of New Beverage Showdown 13 after claiming the top spot in the early-stage beverage brand competition. Co-founders Grant Gyesky and Jarrett McGovern competed against entrepreneurs from five other brands participating in the final round of the Showdown, which is intertwined with BevNET Live Summer 2017 and held at Metropolitan West in New York City.
Representatives from Ugly Drinks, Lion Tea, Rise Brewing Co., Smart Pressed Juice, Mooala, Cannabinoid Creations, FYLO, Limitless Coffee & Tea, Ounce Water, Remedy Organics, Inspired Brews, and Still Thyme Soda all faced off in the competition’s semifinal round, held at Metropolitan West in New York City on Tuesday morning.
Two days after Seattle became the latest addition to a growing group of cities that have implemented a tax on sugar-sweetened beverages, “Soda Politics” author and advocate Marion Nestle appeared at Harvard University for a scheduled talk about the business of soda.
The group’s mission is to advocate for the advancement of HPP as a critical technology in the food and beverage world for processors, brands and consumers.
Food and beverage manufacturers may be embracing cleaner ingredients, but they’re a little more hesitant when it comes to talking about it.
Earlier this month, State Senator Bob Wieckowski, a Democrat, introduced California SB 504, a bill that would require warning labels on all food containing synthetic dyes, including those sold in restaurants. If passed, the law would be the first of its kind in any state.
CytoSport is expanding its offerings this month with Evolve, a new line of powders, bars and ready-to-drink, shelf-stable shakes made with pea protein.
Americans for Affordable Products is a coalition created “against higher prices on everyday necessities,” and is taking immediate aim at the proposed 20 percent levy on imported goods.
In a breakout session at BevNET Live Winter 2016, a trio of lawyers examined jurisdictions in which consumer suits are commonplace.