Headlines

Crowdfunding – What Do I Need to Know?

It's often the first question when launching a new company: "How will I fund this endeavor?" While traditional routes, including angel investment and bank loans, are common sources of financing, a relatively new option exists: crowdfunding.

American Beverage Association Launches Offensive on Caffeine

Concerned that public perception has been unfairly skewed, the American Beverage Association (ABA), an industry trade group, recently published two statements intended to reinforce its view that energy drinks are safe and not marketed to children.

Apple & Eve Acquires The Switch Beverage Co.

Apple & Eve, the largest privately held juice company in the U.S., today announced that it has acquired The Switch Beverage Co., which markets a line of sparkling 100 percent juice drinks and holds a strong presence in U.S. schools.

Essentia Raises $3.2 Million in Convertible Debt; Projects $22-23 Million in 2014 Sales

Having recently announced its tenth consecutive year of growth, eight of which reached double-digits, Essentia is positioning itself for a booming 2014 -- and well beyond. Earlier this year, Essentia, the top-selling enhanced water brand in the natural channel, raised $3.2 million in convertible debt and is perhaps prepping for a much larger round of funding later this year.

F.A.S.T. Money: ZICO’s Rampolla Invests in New Shot Brand

First Aid Shot Therapy (F.A.S.T.), a brand of condition-specific shots that are designed to offer liquid versions of over-the-counter remedies, is launching in Boston behind a second round of funding, one that included a very familiar name in these parts.

Whynatte Selected as Part of New Food and Beverage Accelerator Program

Whynatte, an Atlanta-based start-up that produces a line of premium coffee beverages and mixers, has been selected as one of four companies to take part in an accelerated growth program launched by AccelFoods, a new food and beverage accelerator with a dedicated investment fund of $4 million.

Distribution Roundup: Big Geyser Signs blk., Reed’s Heads to Airports

Used to be that if your water was black, you had to call a mechanic. These days, black water could soon be trendy. At least, that’s the hope of Big Geyser, a renowned non-alcoholic beverage distributor in New York, which on Tuesday announced that it will distribute blk. Beverages, an Oakland, N.J.-based company that markets a fulvic acid-enhanced mineral water colored black.

Multi-Layered Strategy Catalyzes Celsius

In the past few years, Celsius CEO Gerry David and lead investor Carl DeSantis have sharpened the company’s strategy by focusing on sales of its single-serve cans, six specific U.S. markets, international sales and digital marketing. Results from the company’s fourth-quarter earnings report indicate that the multi-layered strategy continues to catalyze a brand not far removed from a nosedive.

KonaRed Enters $12 Million Purchase Agreement With Chicago-Based Investor

The investment follows a busy few months for KonaRed, including the announcement on Tuesday of its partnership with VDF FutureCeuticals, Inc. The partnership settles a long-standing patent infringement lawsuit between Sandwich Isles Trading Company, the maker of KonaRed’s coffee fruit beverages, and VDF, which alleged that KonaRed had violated coffee fruit production methods and technologies marketed by VDF.

Coke Acquires 10 Percent Stake in Green Mountain Coffee; Will Launch Pod-Based Product Line in 2015

The Coca-Cola Co. has agreed to acquire a 10 percent minority stake in Green Mountain Roasters, maker of the popular Keurig Single Cup brewing system, for $1.25 billion, according to a joint statement. As part of the deal, Coke and Green Mountain have signed a 10-year exclusive arrangement in which the cola giant will launch a Coke-branded line of pod-based, single-serve beverages for use in the Green Mountain's forthcoming Keurig Cold at-home beverage system.

BevNET FBU’s Supplier Finder – An Essential Resource for All Food & Beverage Companies

Featuring dozens of industry-leading service vendors and suppliers, ranging from ingredient companies and co-packers to legal and marketing consultants, BevNET FBU’s Supplier Finder is an exceptional resource for new and existing companies. Presented in a easy to navigate format, the Supplier Finder contains listings and contact information of vendors from all parts of the country, enabling users to quickly and efficiently find the best suppliers for their needs.

Press Clips: Coke’s Super Bowl Ad Elicits Bigotry

Around Super Bowl season, perhaps the only thing that can match America's gorging of slop is the disgorging of American opinions. These opinions, of course, most commonly have nothing to do with football and everything to do with the ads, which are either shockingly bad or create responses that are shockingly bad. Sometimes both. It's fun.

blk. Signs Distribution Agreement With Big Geyser

In a joint release, the companies announced Tuesday a partnership that will take all blk. products into the five boroughs of New York City, as well as Westchester, Long Island, Nassau and Suffolk counties in New York.