Refrigerated plant-based beverage brand Koia’s cap table continues to grow with today’s announcement that Grammy-winner The Weeknd, comedian Kevin Hart and a wide ranging group of athletes and entertainment figures have made an investment. The new funding will go towards supporting product innovation and retail expansion.
In this Distribution Roundup, shot makers GNGR Labs and B Great announce new retail gains, Shaka Tea enters Whole Foods Market stores nationwide and Alkaline Water Co. reports growth in the military channel. Plus, Gopuff delivers Chamberlain Coffee drinks to your door.
Describing itself as a group of “beverage experts entering the cannabis space as compared to cannabis experts entering the beverage space,” The Drinkable Company is aimed at leveraging its collective experience in beverages to break through the burgeoning $426 million dollar THC drinks market.
E-commerce beverage-alcohol platform Provi has filed a complaint against Southern Glazer’s Wine and Spirits and Republic National Distributing Company (RNDC) – the country’s two largest wine and spirits distributors – alleging that the companies have unlawfully stifled the growth of its platform.
In this whiskey gallery, we highlight a smattering of notable new releases for this spring, including a celebratory expression to mark the centenary of James Joyce’s Ulysses, the launch of GrandTen Distilling’s “South Boston Godfather” and a 7-year-old Irish single malt aged in rare Japanese Mizunara casks by Glendalough.
This week, we explored the ideation, business plans and growth strategies of three innovative and on-trend brands in conversations with Susan Buckwalter, the co-founder and CEO of ginger-powered wellness brand Recoup; Dr. Juan Salinas, the founder and CEO of P-nuff Crunch, a brand of nutritious baked peanut puffs; and Michelle Razavi and Nikki Elliott, the co-founders of functional, decadent snack brand ELAVI.
NFL quarterback Russell Wilson and digital media guru AJ Vaynerchuk have teamed to enter the RTD beverage market with the launch of Local Weather, a NFT-powered, nootropic-boosted hydration drink brand aimed at Gen Z consumers.
Talking Rain Inc., the parent company of flavored sparkling water brand Sparkling Ice, announced on Friday the departure of CEO Chris Hall, effective April 1.
Nurture Brands, the London-based food and beverage portfolio company behind the plant-based Myracle Kitchen brand, announced this week that it has closed a £2.5 million (around $3.3 million) funding round that will support its North American expansion.
Even in the weeks after Expo West, new beverage products and innovations have continued to roll out to stores in anticipation of the return of warmer weather. This week’s roundup of new products includes the launch of limited-edition Pepsi Maple Syrup Cola, an abundance of additions to the fast-growing CBD sparkling water category, and a new line from GoodBelly specifically formulated for KIDS!
Our latest episode features interviews with two innovators in their respective industries: Stephen Caldwell, the co-founder of Swiss Rosti, a unique brand of stuffed potato and cheese bites; and Brent Elliot, the master distiller of acclaimed bourbon brand Four Roses. The Taste Radio team also discussed notable brands from the 2022 Seafood Expo, Web3 primers and a sophisticated smoker.
The follow up to its non-carbonated hibiscus beverages that launched in 2020, Ruby’s new line of organic sparkling drinks in 12 oz. cans come in three varieties: Unsweetened, Concord Grape and Blood Orange.
New York-based coffee brand Wandering Bear announced this week that it has raised a $5 million funding round backed by existing investors. The new capital arrives as the company seeks to scale its online ecommerce business, which has become its main focus following a post-pandemic pivot.
The leading business pitch competition for the beverage industry is back! The 23rd edition of the New Beverage Showdown, presented by Coca Cola’s Venturing & Emerging Businesses, returns to BevNET Live Summer 2022 on June 15 + 16 in New York City.
