With a growing portfolio of natural products companies, New York-based investment firm Room 9 announced its first lead investment last week, participating in Madre Mezcal’s $3 million Series A round. Room 9 Creative + Venture is a venture capital investment firm and branding design house founded by managing partner Anish Bhatia.
Seeking to broaden its consumer base beyond coconut fans, Genius Juice announced this week a brand refresh that places more emphasis on distinct flavors and plant-based functionality; Ascent Recovery Water has partnered with four new retail chains in the Midwest and Northeast, the company announced this week.
Monster Energy Company saw a boost in year-over-year sales for the period ending April 10, alongside other brands in the energy category, as the industry laps the one year anniversary of the COVID-19 pandemic. According to an analysis of Nielsen data by Goldman Sachs Equity Research, Monster reported dollar sales growth of 31.2% to $5.87 billion in the two-week period.
Developed by a former New York Knicks trainer and backed by Los Angeles Lakers star Kyle Kuzma, Barcode is a new plant-based sports drink launching online this week.
Foodtech company Perfect Day, which produces a whey protein isolate from non-animal sources for use in dairy alternative food and beverage products, announced this week the formation of its Sustainability & Health Advisory Council, intended to consult the company on environmental concerns and health and wellness issues.
As they respectively plot the future of the rapidly growing ‘prebiotic soda’ segment, a pair of function-forward, better-for-you soft drink brands are looking to the past for inspiration.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Adam Spriggs, Founding Member of The Angel Group.
Claiming that A Shoc is illegally copying its look and engaging in false advertising, Celsius Holdings, Inc., the maker of CELSIUS energy drinks, is taking the competing energy brand and its distribution partner Keurig Dr Pepper (KDP) to court.
Powder-based hydration drink Hydrant has raised $8.5 million from a range of celebrity and athlete investors, including Lance Bass, Aaron Rodgers, Ashley Greene, Josh Allen, and others.
Southern Glazer’s, which operates in 44 states, plus Washington, D.C., and Canada, will initially distribute Canopy’s CBD-infused Quatreau sparkling water brand to seven states, with more to follow in the coming months.
In this gallery, we highlight some of the notable new releases over the past two months, which includes new releases from Bumbu, Elephant Gin and Booker's, a new basil-infused vodka from Manhattan, the debut of a pair of watermelon expressions from Malibu and Absolut, plus more.
California-based cactus water brand Caliwater is set to relaunch this month with a new founding team that includes actor/filmmaker Oliver Trevena and actress Vanessa Hudgens. The drinks are available in Organic Wild Prickly Pear and Organic Wild Prickly Pear with Ginger & Lime flavors. Each can contains 25 calories and is vegan, kosher and non-GMO.
The Stratford, Connecticut-based craft brewery has launched Daybreaker, a family of ready-to-drink, vodka-based cocktails, available in three flavors: Blood Orange, Cran-Lime and Meyer Lemonade. All three are mixed with real fruit juice and vodka distilled at Two Roads’ Area Two research and development space.
In 2020, revenue increased 106.5% year-over-year, outpacing the 72.9% growth from the year prior, with U.S. revenue representing $100 million, according to SEC documents. Citing Nielsen data, the company reported that retail sales in the U.S. grew 182% year-over-year.
