Last week condiment and beverage brand Acid League announced it had closed $4.75 million in funding — capital the brand says will help it expand its omnichannel sales and marketing strategy as well as continue the company’s push into new categories.
Non-alcoholic beverage sales saw mixed year-over-year results for the period ending March 27 as the industry passes the one-year anniversary of COVID-induced pantry loading, according to an analysis of Nielsen data by Goldman Sachs Equity Research.
The latest Office Hours deals with the strategic use of fractional executives, including ways to develop trust, keep communication top-of-mind, and thoughts on the transition of roles as companies grow into larger armies.
The idea of drinking “Pickle Juice” may raise a lot of people’s eyebrows, and it’s a reaction The Pickle Juice Company is no stranger to. But as consumer awareness around the functional benefits of organic pickle juice-based drinks grows, the Texas-based beverage company is rapidly transforming to a broad-platform, international brand.
Since launching, the Charlottesville, Virginia-based company has expanded its offerings from vodka to tequila-based drinks, and from three to 30 states, aligning itself with distributors such as Columbia and Gold Coast Beverage.
BevNET & NOSH will host our next Investor Speed Dating event next month on Thursday, May 20. Speed Dating is a virtual event series designed to facilitate direct, one-to-one connections between emerging food and beverage brands with a variety of industry gatekeepers and experts, including retailers, distributors, service providers and investors.
Ryan Close, founder of on-demand cocktail machine Bartesian, which today completed a $20 million funding round and added actress Mila Kunis to its advisory board, spoke about the company’s breakout success, why overconfidence was helpful early on, how B2B sales were key to its initial funding strategy, communicating long-term value to customers and how Close assesses opportunities to scale.
Marking its unofficial transition from soft launch into wide release, Zen WTR has revealed its slate of celebrity investors ahead of a retail push that aspires to take the brand into 50,000 locations by the end of the year.
Recess Mood takes the New York-based brand into a different state of mind. While the flagship product offered a sense of “calm, cool and collected” through a combination of hemp extract and adaptogenic herbs, Mood is positioned as a caffeine and CBD-free “uplift” delivered via a proprietary blend of magnesium L-theorate.
With the launch of the working group Band of Brands, Quinn Snacks founder and CEO Kristy Lewis hopes she can ease some of the burden of implementing of environmentally friendly measures and help food and beverage companies have a bigger impact on the supply chain.
Backed by an Oscar-winning actor and one of most country’s most prestigious culinary organizations, organic sparkling tea line Enroot has enjoyed plenty of pre-launch buzz prior to its formal debut online and in stores on Thursday.
Pre-existing off-premise positioning boosted craft spirits’ chances, but an increase in demand also helped the industry thrive. Alcohol e-commerce platform Drizly recently reported that wine was replaced for the first time by liquor, and that demand shows no sign of slowing.
In extending into the broader energy space with the introduction of a new three-SKU Matcha Love line this month, the company is seeking to strengthen its credentials with the younger, wellness-minded demographic that has fueled the brand’s growth thus far.
In one of largest and most comprehensive monthly galleries yet, we highlight some of the new releases from across the beverage world that you would likely have seen at this year's Expo West, featuring innovations in dairy, plant-based, energy, functional drinks and more.
