The Coca-Cola Company today announced it has agreed to purchase a minority stake in BodyArmor, a move that will see the sports drink brand exit its distribution partnership with Keurig Dr Pepper (KDP) and enter Coke’s nationwide bottling system.
The company’s offering, which is packaged in 2 oz. plastic bottles, takes the form of three functional varieties: Energy with Coffeeberry & Reishi, Digestion with Turmeric & Probiotics, and Immunity with Ginger & Probiotics.
Plant-based beverage brand Califia Farms announced this morning it has closed a $50 million round of financing led by Luxembourg-based investment bank Ambrosia Investments and including a slate of celebrities including Academy Award-winning actors Jared Leto and Leonardo DiCaprio.
As the sparkling water and protein drink categories both continue to expand, David Jenkins, a former Olympic sprinter and founder of protein products brand NEXT Nutrition, is looking to marry the two with his latest venture.
"Financing Your Consumer Products Company,” a packed, full day workshop will demystify the terms and process and provide insights and tips on how entrepreneurs can improve their odds of successfully obtaining financing.
Mitchell, the VP of Investments & Ventures at Coke’s Venturing & Emerging Brands (VEB) unit, is leaving his current role to head a newly formed division focusing on emerging brands based in Japan, according to a memo from VEB president Scott Uzzell.
VMG has over $500M to invest -- here’s how to get its attention; superfood sensation: how Kuli Kuli is driving momentum for moringa; Zico/Suja investor on the right and wrong ways to use capital; introducing jerky of the mushroom variety. This episode is presented by Attack! Marketing.