Nutrition platform brand Bulletproof 360 today announced a $13 million capital raise to fund the brand’s omnichannel expansion and the development of products in new and existing categories. The raise was led by Beliv, the Latin America-based business unit of multinational beverage corporation the CBC Group, and Rocana Ventures along with existing investors CAVU Venture Partners and Trinity Ventures.
This month, the New York-based company is expanding its portfolio of pili nut-based products with the Whole Foods exclusive launch of plant milks in Unsweetened and Chocolate varieties, as well as an unsweetened plant creamer, both in 28 oz. multi-serve bottles.
Veteran beverage entrepreneur CJ Rapp, the founder of Karma Water and cult cola brand Jolt, spoke about why he defines himself as a “marketer,” the key lesson learned from launching several ahead-of-their-time beverages and what he believes to be the guiding path for any entrepreneur.
As special purpose acquisition companies (SPACs) targeting the CPG sector have experienced a sudden surge in interest this year, Clayton Christopher is the latest food and beverage industry veteran to join the party, joining with Capstar Partners as a co-sponsor and board advisor in Capstar Special Purpose Acquisition Company
A panel of six food and beverage entrepreneurs from across the country joined up with BevNET Editor in Chief Jeff Klineman to discuss the challenges that the summer of 2020 -- and the ongoing struggle with a global pandemic -- brought them. Speakers addressed ways they are overcoming challenges around production, financing, sales and marketing, offering support and advice to each other.
Leaning into both ecommerce and functional beverage trends, PepsiCo today announced plans to launch a relaxation beverage brand called Driftwell this winter.
Dave Colina, founder & CEO of natural sports recovery brand O2, spoke about how the company’s decisions over the past five years prepared it to meet the challenges and opportunities of the last five months, how the brand achieved record sales numbers while donating 50% of profits to independent gym owners affected by COVID-19 and why he believes that entrepreneurship is as much about personal growth as building a successful brand.
Delivering on its promise to expand beyond alcohol into an “around the clock” beverage platform, Molson Coors Beverage Company announced this week the launch of four new non-alcoholic product lines across multiple categories that are set to begin rolling out in the coming months.
We’re almost to the finish line! In this episode, not only will you see the end design result, but you’ll also get to hear directly from Melissa. She’ll go into detail about the most critical learnings and how she felt about the process.
Last month Melissa Facchina, founder and CEO of outsourced operations firm Siddhi Ops, and the Finn Family, the backers of Martstar investments, announced the close of their first fund under the newly formed firm Siddhi Capital. Facchina will also partner with the father and son duo of Brian Finn (the former CEO of Credit Suisse USA) and Steven Finn to launch a special purpose acquisition company (SPAC) as well.
As the co-founder and CEO of Philadelphia-based Hidden Gems Beverage Company, Bahirat is aiming to fuse wellness and sustainability with the brand’s debut product: Reveal, a three-SKU line of beverages made from brewed avocado seeds.
Atlantic Beverage Distributors -- a Holliston, Massachusetts-based craft beer, wine and spirits importer and wholesaler -- announced today the acquisition of the operations of Bayside Distributors, which is also based in Holliston.
L.A. Libations Hires Kroger’s Michael White, Promotes Shah and Orr; Jones Soda Appoints Mark Murray as President; Nutrabolt Names New Chief Digital Officer, CMO Exits; Matt Swenson Takes Director of Coffee Role at Nestlé; Vita Coco Names Halima Aden “Chief Coconut Officer” to Support Global Initiative
Canadian non-alcoholic beer maker Partake Brewing has raised $4 million in the company’s first institutional funding round, which was led by San Francisco-based CircleUp Growth Partners.
