Baltimore-based distillery Baltimore Spirits Company has announced the release of a new line of one-time-only liquors called E.B. Smith’s Singularities. The first release in the new line, titled simply Singularity #1, will be available starting Jan. 26 and is the first collaboration between Baltimore Spirits Company and their Union Collective neighbors, Union Craft Brewing.
Amid growing interest in more “functional” alcoholic beverages, one of the country’s pioneering hard kombucha brands is undergoing a makeover in an effort to appeal to younger female consumers looking for boozier versions of the fermented tea beverage.
Boston-based tech startup Bevi, which produces a line of “smart” beverage dispensing systems sold in office and food service channels, has raised $35 million in a Series C round led by Bessemer Venture Partners. Past investors Horizon Ventures and Trinity Ventures, who had led the company’s Series A and Series B rounds respectively, also participated in the Series C.
Gratitude Health Inc, a beverage industry brand developer dedicated to promoting healthy nutrition through innovative functional drinks, today announced its plans to launch KetoRefuel, the world’s first ready-to-drink line of ketogenic meal-replacement shakes.
Today, Gem & Bolt Mezcal + Damiana, the rapidly-growing "clean spirit" produced in Oaxaca, Mexico, named industry leader John Esposito as its Chairman of the Board.
American Pasteurization Company (APC), a national leader in High Pressure Processing (HPP), has acquired FreshCo Foods, a Milwaukee-based, end-to-end co-manufacturer of premium and specialty food products. As part of the acquisition, FreshCo has been renamed APC Manufacturing.
Circle City Kombucha is growing a Feel Good community, one pour at a time. The Indiana-based beverage line, known for its approachable, low-to-no added sugar kombuchas, announced that it has expanded distribution into the Chicagoland market in partnership with CBC Specialty Beverage (cbcbev.com).
Ryan Armistead, the co-founder and CEO of Happy Moose Juice, is on a mission to make the best juice in the world, using a variety of beloved and unique ingredients. Armistead works directly with farmers to co-pack the freshest produce, providing a premium and organic cold-pressed product straight from the farm.
BodyArmor, the fastest-growing sports drink in the category, today announced a partnership with rising basketball star, Donovan Mitchell. Mitchell, who is currently in his second year as a pro with Utah and was runner-up for last season’s Rookie of the Year Award, first discovered BodyArmor while watching one of his favorite players – basketball legend and BodyArmor shareholder, Kobe Bryant.
The specialty chemicals company LANXESS, whose Velcorin cold sterilization agent is among the leading technologies in beverage stabilization, is expanding its portfolio to include an innovative natural preservative. This meets the high demand for natural products from drink manufacturers, and from consumers in particular.
In this clip Matt Jimenez, founder of food and beverage portfolio company MindFull, explains how his previous industry experience is informing the launch, why he chose to partner with wellness brand Gaiam, and how MindFull will develop lifestyle brands around functional products.
Starbucks CEO Kevin Johnson is scaling back founder and former CEO Howard Schultz’s plans for luxury coffee shops, according to The Wall Street Journal. Schultz’s growth strategy included 1,000 Starbucks Reserve cafes selling premium coffee and artisanal bakery items, as well as 30 more locations of its Starbucks Roastery, experience-oriented stores aimed at increasing traffic and improving declining sales.
Tofurky CEO Jaime Athos discussed the origins of the plant-based meat brand and how it has evolved over its nearly four decades on the market. Athos also spoke about current challenges in the plant-based meat category/market, executing and learning from a brand revamp, the reason that Tofurky has resisted acquisition offers and why he believes that plant-based ham has to taste great, but doesn’t have to taste exactly like... ham.
Roughly one year after joining Forager Project as the company’s chief marketing officer, Alex Matthews has departed the plant-based food and beverage brand to launch Here Studio, a multi-faceted branding, design and CPG product development house in Los Angeles.
