News

TeaRIOT Raises $5M from PearlRock Partners

Plant-based energy drink maker teaRIOT has raised $5 million in funding from PearlRock Partners that will help support a broader nationwide expansion, the company announced Tuesday. PearlRock is the sole investor in the round and the firm’s chairman and CEO Brian Kelley will join the brand’s board of directors.

Former Rockstar Execs Make it ‘Weird’ With New Tea Brand

After spending nearly two decades working in marketing at Rockstar Energy, Jason May’s first post-acquisition venture was bound to feel a little strange. He decided to make it Weird. Weird Beverages is a new venture founded by May, who serves as CEO, and two other former Rockstar employees.

Canopy Growth Launches CBD Sparkling Water in U.S.

Canadian cannabis manufacturer Canopy Growth today announced the online launch of its first CBD-infused drink for the U.S. market: Quatreau, a four-SKU line of flavored zero-calorie sparkling waters containing 20mg of CBD per 12 oz. can.

Taste Radio: The Skill That Helped This Pioneering Entrepreneur Build Plated Into A $300M Company… And Another In The Making

Nick Taranto, the co-founder of pioneering meal kid company Plated and beer alternative brand HOP WTR, spoke about why storytelling is the key to any successful company, how his experience in the Marines and at Harvard Business School influenced his perspective as an entrepreneur and why he’s bullish on Bitcoin and sober-curious lifestyles.

Investment Firms Launch CPG SPAC

The CPG venture fund once known as Accel Foods has combined forces with two other firms to launch a publicly traded “blank check” company to target more consumer brands. Together with Scharf Brothers and Mistral Equity Partners, AF Acquisitions will initially offer 20 million shares at $10 each in an attempt to raise up to $200 million for its initial public offering.

EauLab Launches Fiber-Rich Enhanced Sparkling Water

Despite consumer interest in gut health in recent years, the astonishing fact remains that most adult diets are deficient in fiber. Dietary fiber is the portion of plant-derived food that…

Oatly To Enter Starbucks Nationwide

In a move that surely marks the end of oat milk’s time outside the mainstream, Swedish brand Oatly announced today that it will be added to the new spring menu at Starbucks Coffee locations nationwide starting tomorrow.