Hard coffee maker Bomani Cold Buzz announced last week that it has raised $3.5 million in an investment round featuring over 40 firms and individuals; Connecticut-based ‘Merican Mule, maker of a line of canned ready-to-drink Moscow Mules, announced last week a round of financing led by The Bishop Family, founders of Blue Buffalo pet food and SoBe Beverages.
BevNET Live Winter 2020 - taking place on Dec. 7-9 -- will feature an interview with the man in charge of that exertion, Pete Marino, Molson Coors’ President of Emerging Growth, Pete Marino. The longtime beer industry stalwart has moved fast since Molson Coors announced its intention, bringing in innovation partner L.A. Libations and greenlighting new products and initiatives at a rapid clip.
VPX Sports, the maker of Bang Energy, is seeking an injunction against PepsiCo to stop it from making threats to its customers and wholesale distributors, as the two companies’ dispute over a long-term distribution contract moves into the legal phase.
The program offers 10 to 20 Asian and Pacific Islander (API) early-stage entrepreneurs one-on-one mentorship from industry leaders and investors, along with a weekly keynote seminar series led by industry advisors and a complimentary PR and marketing package.
With winter on the horizon, this month's New Product Gallery features a number of new releases, ranging from seasonal flavors to full line extensions, including added SKUs from Health-Ade Kombucha, CELSIUS, C4 and KeVita. As well, we feature a new brand from Ocean Spray, a smoothie line courtesy of Koia and fresh forays into beverage from Genius Gourmet and Nellie's Free-Range Eggs.
CBD beverage brand Unity Wellness Co. has raised $1.25 million in a Series A funding round poised to aid the brand’s nationwide expansion. Founded in 2019, the California-based company is currently available in more than 500 stores across 16 states, including at Erewhon, alongside numerous independent accounts.
In this gallery, we showcase a handful of notable new spirit releases from the month of November, including a pair of unique bottles from 1800 and Bowmore, the debut of ultra-premium tequila brand Lobos 1707 and a new expression from Grain & Barrel Spirits.
Laura Catena, managing director of lauded Argentine winery Bodega Catena Zapata and a San Francisco-based emergency room physician, explained how her professions intersect in ways that make her better in both roles, why she feels a heavy responsibility of carrying the whole country of Argentina on her shoulders and discussed her passion for achieving sustainability through innovation.
Connecticut-based tart cherry juice brand Cheribundi announced today the closing of a $15 million series B financing round, led by existing investor Emil Capital Partners. The round will go towards supporting new hires to the Cheribundi’s c-suite and sales team, as well as funding innovation, marketing and distribution expansion.
Another hydration-based startup is on the rise, as New York-based Cure Hydration today announced a $2.6 million seed funding round led by Lerer Hippeau Ventures, as well as a nationwide retail expansion.
Two CPG powerhouses are coming together to launch a special purpose acquisition company (SPAC) targeting the health and wellness space. Today, holding company HumanCo alongside venture firm CAVU filed an S-1 form with the U.S. Securities and Exchange Commission, with the end goal of launching a SPAC known as HumanCo Acquisition Corp.
From the story of the IPO of a small, brand new beverage company to rare advice for the brands and leaders who are ready to take on the uncertainties of the coming year, BevNET Live Winter 2020 might be virtual, but what we’ve got is sure to be vital.
BevNET Live Winter 2020 will feature Retailer Speed Dating on Wednesday, December 9. For this round, brands have the opportunity to meet one-on-one with top retailers. Speed Dating provides a virtual platform for brands to receive feedback and create partnerships to do business.
Stu Aaron and Martin Janousek, co-founders of Bespoken Spirits, a modern distilling company which claims that it can precisely tailor spirits to a desired aroma, color and taste, spoke about they are attempting to win over stakeholders and gatekeepers, how they validated their process and products and why they described Bespoken as an enabler of change, rather than a change itself.
