News

Press Clips: Rowdy Mermaid Sees Rapid Growth

Rowdy Mermaid sees rapid growth in lead up to $2 million Series A round; The New York Times probes cold brew; Massachusetts coffee shop sells Donald Trump-themed "Covfefe Coffee"; NIH delivers more bad news about diet soda in latest study.

BevNET Podcast is Now Taste Radio

Included in our first episode as Taste Radio is a conversation with Jordan Gaspar and Lauren Jupiter, the founders of venture capital fund AccelFoods, which invests in early-stage and innovative food and beverage companies. Gaspar and Jupiter discussed the evolution of AccelFoods’ investment and business strategy and shared their take on nascent trends in food and beverage.

Cascadia Managing Brands and MetaBrand Form Strategic Alliance

The two companies have been working on each other’s projects and products for several years. Much of MetaBrand’s sales and sales execution work will be handled by Cascadia Managing Brand, while MetaBrand will handle much of Cascadia’s research and development and production management.

Drinks Technology Offers Spirits Industry Specialized Tech and IT Support

Drinks Technology, a new information technology (IT) services company focusing exclusively on the beverage alcohol industry, has launched to meet the technology needs of suppliers, distributors and the other companies operating in the three tiers of the alcohol beverage industry.

Rémy Martin Announces Launch Of Mixed Reality Experience Using HoloLens Technology

The experience was created in partnership with Kazendi, Europe’s leading HoloLens development studio, to allow consumers an entertaining yet educational opportunity to learn how the luxury consumer brand, Rémy Martin, is “Rooted in Exception,” most notably through specializing in making Cognac Fine Champagne.

Pernod Ricard to Partner with Del Maguey Single Village Mezcal

Pernod Ricard, through Pernod Ricard USA’s New Brand Ventures division, today announced that it has signed an agreement to take a majority stake in Del Maguey Single Village Mezcal, the leading producer of artisanal, hand-crafted mezcals and number one mezcal brand in the U.S. The transaction is subject to usual condition precedents and is expected to close within 90 days.

LifeFuels Raises $5 Million in Seed Round

Beverage technology company LifeFuels raised $5 Million in seed funding in a round led by healthcare entrepreneur and angel investor Trenor Williams. The funding round primarily consists of strategic angel investors with experience in consumer products, beverage, and healthcare.

Guru Chosen as Agency of Record for Clover Sonoma and Mamma Chia

San Francisco-based agency Guru, a purpose-driven creative agency, has been chosen as Agency of Record (AOR) for family-owned and operated dairy Clover Sonoma and organic beverage and family-owned and operated snack company Mamma Chia. Guru will serve as AOR for both companies, with responsibility for delivering creative work in the U.S., spanning brand activation, digital, broadcast and print.

Humm Kombucha Raises $8M Led By VMG Partners

After Massachusetts-based Spindrift Beverage Co., Humm is now the second beverage brand to receive investment from VMG Partners, a private equity firm with a portfolio that includes Kind Healthy Snacks and Health Warrior.

Marion Nestle Talks ‘Soda Politics’ in K-12

Two days after Seattle became the latest addition to a growing group of cities that have implemented a tax on sugar-sweetened beverages, “Soda Politics” author and advocate Marion Nestle appeared at Harvard University for a scheduled talk about the business of soda.