News

SEMCAP Closes First Fund At $125M

Growth equity fund SEMCAP announced today its inaugural Food & Nutrition fund closed at $125 million, garnering commitments from a base that spans strategic investors and leading food brokers from across the industry.

Taste Radio: Celebrity CPG? Hardly. For Caliwater, The Grind Is Real.

The hardest part of building a consumer brand? It’s not the product; it’s everything that comes after. Caliwater co-founder Oliver Trevena, who launched the cactus water brand alongside fellow actor Vanessa Hudgens, opens up about the realities of fundraising, the challenges of securing and scaling distribution, and the emotional toll that building a brand can take.

Reyes In Talks to Acquire RNDC’s Business in 6 States, plus Washington, D.C.

Following the news of another major spirits supplier ditching Republic National Distributing Company (RNDC), Reyes Beverage Group is “in active discussions” with  RNDC “regarding potential business transactions” in six states, as well as Washington, D.C., a spokesperson confirmed to Brewbound today.

Koia Enters Modern Soda Set with Protein Pop

Over the past 10 years, Koia has positioned itself as an innovator in plant-based protein drinks. Now, the brand is bringing that focus to the Modern Soda set with its latest line launch: Koia Protein Pop.

AG1 Goes Deeper Into Retail with The Vitamin Shoppe Launch

AG1’s brick-and-mortar footprint is getting larger as the powdered beverage brand has forged its first national specialty retailer partnership with The Vitamin Shoppe, launching in more than 640 stores and online.

G.O.A.T. Fuel Unveils ‘Upgrades’ With New Formula, Packaging

G.O.A.T. Fuel, the athlete-focused energy drink startup co-founded by NFL legend Jerry Rice, is debuting an upgraded formula and new packaging as it seeks to tap into rising consumer demand for clean labels and functional performance benefits that extend beyond energy.

Cost-Cutting Lemon Perfect Sheds CEO, CMO

An investor-driven shakeup at Lemon Perfect has resulted in significant headcount reduction, including company leadership and several of its employees.