News

New Beverage Showdown 20: Meet the Contestants and Judges

Next week BevNET’s New Beverage Showdown 20, the leading business pitch competition for the beverage industry, will feature the founders of the hottest new beverage brands, all competing virtually. The semi finalists have been chosen, as well as the expert judges, who will be providing feedback and ultimately choosing the winner. So let’s meet the players.

ESI Nutrition Rebrands to Laïta Nutrition

About two years ago, Laïta launched ESI Nutrition to bring all its health and nutrition activities under a single banner in an effort to create synergies between existing structures and…

Klersun Expands Production Facility

Portland, Oregon — Klersun today announced that it’s expanding its processing facility to 15,000 square feet. The expansion will have a processing capability of 12,000 kg of distillate per month…

Jones Soda: Revenue Growth Rebounds in Third Quarter

Jones Soda turned around roughly 18 months of declining sales this fall, with revenue up 17% to $3.5 million according to the company’s Q3 earnings report this week. Gross profit as a percentage of revenue grew 430 basis points to 46% in the quarter, compared to 21.7% in Q2, while net loss improved to $450,000, compared to $476,000 previously.

Taste Radio Insider Ep. 104: The First Step To Securing Millions In Venture Capital? It’s Easier Than You Think

Filipp Chebotarev, co-founder of venture capital firm Cambridge SPG, spoke about what he learned from developing an unsuccessful food brand, effective strategies for initiating and cultivating relationships with investors, why he’ll review a 70-page pitch deck under the right circumstances and the general rules that predict success in food and beverage.

Fluid Cold Brew Rebranding to Oaza

New York, NY – The team behind “Hydrate Your Coffee” has announced that beginning November 2020, their line of hydrating premium cold brew coffees is rebranding from Fluid Cold Brew…