Headlines

BlueTriton Grows Water Offerings with Hawaii Volcanic Distro Deal

Premium water maker Hawaii Volcanic has inked a distribution deal with top U.S. bottled water manufacturer BlueTriton to service the Hawaii-based brand in retail, home and office accounts through its ReadyRefresh Direct Delivery platform.

Taste Radio: Kyle Cooke, Loverboy & The Reality Of Building A Lifestyle Brand

Kyle Cooke, the reality TV star and founder & CEO of premium beverage alcohol and lifestyle brand Loverboy, speaks about how he has cultivated an authentic connection between the brand and its consumers, the reason that merchandise has become a key profit center, and why, despite having 470,000 followers on Instagram, he wants to “make a better effort” on social media.

Liquid Death Closes $67M Funding Round

As it looks to scale up to meet fast-rising demand for new innovations, Liquid Death announced this morning it has closed a $67 million funding round at a valuation of $1.4 billion. The financing adds to the more than $200.6 million the better-for-you beverage maker has raised since 2019, while the new valuation is double the $700 million valuation it touted following its Series D round closed in 2022.

Sanzo: Steve Aoki, Simu Liu Onboard As Investors

After opening a new investment round in January that has already raised $5 million, Sanzo is adding some star power to its cap table, announcing this morning that producer/DJ Steve Aoki and actor Simu Liu are joining the sparkling water brand as investors.

Dyla Puts Weight Behind Stur, Co-Branded Mixes Amid #WaterTok Boom

Dyla has seen revenue increase by over $30 million in the past year, “well over” the $100 million mark, as it has sold “over 1.5 billion liquid and powder servings of drink mix,” founder and CEO Neel Premkumar told BevNET this week.

Taste Radio: Why Isn’t Big CPG Acquiring More Better-For-You Brands?

A recent Forbes article sparks the hosts’ passionate discussion about the role that food and beverage conglomerates should play in the health and wellness of American consumers. They also opine on an unexpected acquisition and its impact on an emerging category and chat about their preparation for Expo West 2024.

ROAR Organic Brings In $10M Investment from Factory, LLC

ROAR Organic announced today it has received a $10 million investment from equity stakeholder Factory LLC, aimed at supporting the hydration beverage brand as it experiences recharged growth in national retail.

NielsenIQ: BevAlc Sales Growth ‘Broadly’ Decelerates

Total BevAlc sales growth decelerated modestly in the two-week period ended February 24, reflecting accelerated volume declines and slightly stronger average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.