LIFEAID Beverage Co. announced this week that it has raised $20 million in an oversubscribed Series C financing round. The capital will go towards supporting the brand’s growth in retail in the U.S. and overseas, as well as funding new innovation and c-suite level hires.
Grand Teton Distillery announced its plans to open a new tasting room, adjacent to the distillery this winter. Construction has begun on an 8000 square foot space that will include a 2000 square foot tasting room, an area for additional production equipment and increased storage for the distillery.
This year’s Forbes list of the top wealthiest self-made women featured four founders, leaders and executives behind some of CPG’s most notable brands. Released this week, the full list includes 100 of the top female entrepreneurs and executives, two-thirds of which either founded or cofounded their company and 26 who have served as CEOs.
Absinthia’s Bottled Spirits, a woman-owned artisan beverage company, announced that it has completed the acquisition of Nickel Dime Syrups – a portfolio of craft cocktail syrups made in California from all-natural ingredients. The purchase was finalized on August 1. Terms were not disclosed.
This week we’re joined by Benjamin Chesler, the co-founder of Imperfect Foods, a pioneering online grocery service that specializes in selling produce and surplus food that would otherwise be discarded. Chesler discussed Imperfect’s roots and mission to reduce food waste on a massive scale, the process for incorporating branded items into its product selection and how the company communicates quality as a seller of “imperfect” food.
Launching in the U.S. in early 2022, the 5% ABV flavored malt beverage will be developed and produced by Boston Beer, while PepsiCo has set up a new entity to sell, deliver, and merchandise the product, according to a press release.
Soov announced the official brand launch of three functional digestion drinks intended to be a healthier alternative to ginger ale. Each flavor is lightly carbonated, made with real ginger and lemon juice, about 80% less sugar than ginger ale, and other ingredients that support digestion.
LiveWire Cocktail Co. is pleased to announce the release of its second bottled cocktail and the first with Shannon Mustipher, author of “Tiki: Modern Tropical Cocktails.” Inspired by a drink in her book, Holy Tyger is what Shannon describes as a “beach drink,” a whiskey sour riff with notes of lemongrass, made with Straight Bourbon, Rockey's Liqueur, Coconut, Lime, and Jamaican #1 Bitters. T
Elenita, the world’s first sparkling mezcal RTD, is thrilled to announce its partnership with Hensley Beverage Company for statewide distribution in the Arizona market.
Brew Pipeline announced the launch of Motörhead Ace of Spades Bourbon, its latest collaboration with rock legends, Motörhead. The bourbon will debut this weekend in limited edition Sturgis bottles around the rally.
Super Coffee has closed a $106 million Series C fundraising round, the company confirmed today. The round was led by Maryland-based venture group Durable Capital Partners and included participation by beverage industry veteran Clayton Christopher and former Peet’s Coffee CEO Dave Burwick, as well as another tranche from Anheuser-Busch InBev (AB InBev).
Monster Energy is back on Twitch on Wednesday, August 11, with another action-packed, star-studded stream featuring former two-division UFC champion Daniel Cormier and UFC flyweight champion Brandon Moreno, as well as professional gamer Juan “Hungrybox” Debiedma.
Joe Smith, a 45+ year veteran of the food, beverage, and hospitality industry, has been promoted to Executive Vice President of Sales at Monin Americas, the global flavor manufacturer.
Tired of complicated french presses and stale instant coffee when you camp or travel? Same. With Wildland Coffee's trendsetting Coffee in a Tea Bag, you can enjoy fresh ground coffee (not instant!) with the same ease and convenience of a quick stew of tea.
