Plant-based beverage brand Koia has completed a bridge funding round with investment platform CircleUp Growth Partners that could possibly represent “the last money into the company,” according to CEO Chris Hunter. Details of the transaction were not disclosed.
Seeking a point of differentiation in the crowded cold brew coffee set, Boston-based Back Bay Roasters is shifting its focus from its single-serve line to its bag-in-box format, beginning with a rollout to 200 Walmart stores on the East Coast next month. The move comes as a number of rising cold brew startups have embraced multiserve packaging.
WellWell (drinkwellwell.com), a plant-based beverage brand, has launched a newly redesigned website, setting the stage for new product launches and direct-to-consumer growth in 2020 and beyond.
The Partners at In:trench Consulting Group are pleased to announce Darin Spence as their newest partner, effective April 9, 2020.
BevNET managing editor Martin Caballero sat down with Greg Steltenpohl, co-founder and CEO of Califia Farms, on a video call to discuss his thoughts on how both investors and brands may be considering the current and post-COVID market landscape.
The makers of Hoist, a premium hydration drink that provides IV-level hydration in a bottle, announced today that they will be donating bottles to Hoxworth Blood Centers.
The partnership demonstrates both brands’ commitment to community, social impact, and quality of life.
Following a deluge of other food and beverage show cancellations and delays, the Specialty Food Association (SFA) announced today that its Summer Fancy Food Show will be cancelled. The tradeshow was slated to run June 28 through 30 in New York City.
As consumers stay inside, shopping habits are changing and delivery platforms are adapting to meet the increased demand. Here’s the latest COVID-19 news from around the industry this week.
As the COVID-19 pandemic continues to disrupt daily life, food and beverage brands are continuing to launch new initiatives to give back and support those in need during the crisis. In this roundup, we look at several brands finding new ways to support musicians, food pantries and their own employees.
Three local craft distilleries, Tattersall Distilling, Du Nord Craft Spirits and Brother Justus Whiskey Company, announced the launch of “All Hands,” an effort to produce and donate bulk quantities of hand sanitizer to high-risk organizations and communities throughout Minnesota during COVID-19.
Amid a portfolio of distressed assets up for sale by Dean Foods, juice maker Uncle Matt’s Organic may not have been the biggest potential get. But that depends on who’s buying: for founder and CEO Matt McLean, who secured a $7.25 million deal to reacquire the brand last week, it’s a chance for a fresh start.
OM Liqueurs, imported by Vision Wine & Spirits, has pledged to donate $1 per bottle sold, this year, to the USBG COVID-19 and Emergency Bartender Relief Fund.
In the midst of the COVID-19 pandemic, Old Forge Distillery (Pigeon Forge, TN) has partnered with the Tennessee Department of Transportation (TDOT) and Tennessee Emergency Management Agency (TEMA) to provide nearly 1,000 gallons of hand sanitizer for the state to distribute to the critical areas in need.
