Waterloo Sparkling Water announced today it has been acquired by a group of investment firms led by Flexis Capital and including Eurazeo Brands, Moore Strategic Ventures, JW Levin Management Partners and Waterloo Capital. Terms of the transaction were not disclosed.
Although federal CBD regulations remain in limbo, some retailers are pushing forward to capitalize on consumer interest in the ingredient. This month CBD retail chain American Shaman opened its first ‘store-within-a-store’ concept inside of Kansas City, Mo.-based grocery store Price Chopper.
Malibu is bringing a little bit of sunshine to the world this summer through a partnership with Platinum Selling American DJ and producer Dillon Francis and over 30 Malibu Ambassadors from seven different countries for the launch of #TheCoconutChallenge.
Geijer Spirits, imported by Vision Wine & Spirits, is excited to announce its latest retail partnership between Geijer Spirits and Total Wine & More.
Kaló, a handcrafted, locally-sourced, hemp-infused seltzer, makes its debut in stores and restaurants throughout the New York City Metropolitan Area.
Flavored water maker Hint, Inc. announced this week it has raised $25 million in a series D funding round that will help support the company’s continued growth over the next several years. The round was led by prior investor Springboard Growth Capital (SGC), a firm focused on funding mid-stage CPG companies founded by women, and also includes investments from Philippe Laffont, Gingerbread Capital and Medina Heights Capital Partners.
Facing major disruptions to its traditional business model, New York-based coffee maker Wandering Bear announced today the launch of a new suite of products designed to bring the formerly office-focused brand into the at-home coffee space.
A newly-formed drinks company focusing on spirits is set to curate, create and craft a portfolio of premium drink brands for the On and Off trade.
Better Booch is in the midst of national expansion. After earning a top-selling spot in the ultra-competitive Whole Foods Southern Pacific region, Better Booch is now available in Whole Foods Southwest and Northern California stores.
“New Girl” actor Max Greenfield and serial entrepreneur Mike Constantiner, co-founders of dad-centric consumer products and lifestyle company Dadz, spoke about how they’re attempting to reach a “new generation of dads,” the importance of a strong founding team and why it offers a “shortcut” to a fast start and how the brand is being communicated to the trade and consumer press.
Fast-growing beverage maker Lemon Perfect today announced the closing of a $6.6 million funding round that brings its total seed financing from pre-revenue stage to $11.6 million. The round was led by CPG-focused private equity firms Skyview Capital, Beechwood Capital and The Big Squeeze.
Atomo Coffee, maker of “molecular coffee” made not from coffee beans but from upcycled ingredients, announced last week the close of a $9 million seed funding round. S2G Ventures, whose portfolio includes Beyond Meat and Ripple, along with AgFunder and Bessemer Venture Partners participated in the round.
In anticipation of the coveted Halo Infinite game coming out in 2021, Monster Energy has launched limited edition Halo Infinite cans available now in convenience stores nationwide through December 31, 2020.
Joíí Barley Water, a new line of functional waters powered by the ancient superfood barley grain, offers a new, refreshing beverage that satisfies cravings for plant-based hydration, while quenching thirst and nourishing the body.
