Taste Radio Ep. 127: Andrew Zimmern Is Calling B.S. On The Health & Wellness Food Space

This week we’re joined by the globetrotting, bizarre food eating television show host Andrew Zimmern, who pulls no punches when it comes to his thoughts on the business of health and wellness foods. We also meet with James McLaughlin, the CEO of influential and trendsetting coffee company Intelligentsia and discuss its unique approach to the cafe business.

Gallery: August’s New Product Launches

The summer may be coming to an end, but entrepreneurs were plenty busy working on new innovations, including fall seasonal releases, brand collaborations, and creative flavor profiles. We spotlight a number of notable new launches from August.

Review: Shaka Tea Gets Refreshed Packaging

Earlier this year, Hawaii-based Shaka Tea announced it was revamping its branding and adding new distribution. This summer, the revamp is now a reality and the product is packaged in a modern looking 14 oz. bottle.

Coke Acquires Costa Coffee For $5B

The Coca-Cola Company today announced it has reached an agreement for the acquisition of London-based coffee company Costa Limited. The deal, valued at $5.1 billion, is the largest brand acquisition in the company’s history and is expected to close in the first half of 2019.

Elevator Talk: Petal Springs into the Market with Sparkling Botanicals

Founder and CEO of Petal, Candice Crane, is on a mission to deliver an all organic zero calorie, zero sugar botanical beverage with an empowering message. Designed primarily for women ages 18-32, Petal offers unique flavors with rose water as the star ingredient. The company recently launched in the Chicago area with plans to grow nationally in the future.

Picnik Raises $7.5 Million from KarpReilly

Texas-based butter coffee maker Picnik has raised $7.5 million from private equity firm KarpReilly in a move that will grow both the brand’s CPG and cafe businesses, the company announced this week. KarpReilly will hold a seat on the company’s board of directors.

After Review, Campbell Drops Fresh Division

As the result of a larger strategic review of operations initiated in May, Campbell Soup today announced plans to sell off its Campbell Fresh division, which includes brands such as Bolthouse Farms, Garden Fresh Gourmet and its line of refrigerated soups.

Water Startup Mitte Lands $10.6M From Danone Manifesto Ventures

Consumer water technology company Mitte has secured a $10.6 million seed round of investment led by Danone Manifesto Ventures (DMV), the venture capital arm of French food and beverage conglomerate Danone. DMV is focused on providing financial capital to innovative and healthy food and beverage companies.

Liquid I.V. Secures $5M Series B Round

Hydration powder mix brand Liquid I.V. today announced the close of a $5 million Series B round of fundraising led by San Francisco-based online investment platform CircleUp Growth Partners and includes powerhouse music manager Scooter Braun.

Fueling the Fire: CAVU Invests $8M in Kettle and Fire

Can bone broth be the next kombucha? Investment group CAVU Venture Partners thinks so. The fund announced today an $8 million series A investment in upstart bone broth brand, Kettle and Fire

Coke Acquires Moxie from New England Bottler

The Coca-Cola Company has purchased cult favorite soda brand Moxie from independent bottler Coca-Cola of Northern New England (CCNNE) for an undisclosed sum, the company announced today. The transaction is expected to close in the fourth quarter.

Review: RISE Brewing Company’s RTD Lattes Shine

We taste three new flavors from Rise Brewing Company: Mocha Latte, Oat Milk Latte, and Classic Latte, each of which is packaged in a 7 oz. slim can with a widget that allows the products to be shelf-stable but still have an authentic nitro experience.