DrinkMaple Adds New Funding, Makes Distribution Gains

Last month, the Vermont-based maple water brand announced it had received $250,000 in funding from Vermont venture capital firm FreshTracks Capital as part of a $4.35 million Series A round that was led by venture capital firm Cleveland Avenue.

Review: Blue Island “CoffeeBucha” Marries Coffee and Kombucha

Blue Island's "CoffeeBucha" is not the first coffee-based kombucha that we’ve seen, but it’s the first kombucha line that we’ve seen to go all-in on cold-brew. From a conceptual level, this approach seems like it will only work if both the kombucha and the cold-brew are of high quality...

Innovation Fueling 15 Most Well-Funded Startups

A list compiled by market research firm CB Insights of the 15 most well-funded venture capital-backed food and beverage startups reveals the increasing value placed on brands that are offering healthier choices and disrupting established categories like meat and dairy and innovating with plant-based offerings.

In the Courtroom: Odwalla Class Action Dropped

Consumers drop Odwalla "evaporated cane juice" class action suit, Hint asks for a stay on lawsuit challenging its "all natural" claims, Lakewood Organic Juices faces challenge to its "cold pressed" and "fresh pressed" claims in new class action suit.

Nestlé Waters NA Invests $6M in Closed Loop Fund

Nestlé joins fellow beverage companies Coca-Cola, PepsiCo, Dr Pepper Snapple Group and Keurig Green Mountain in investing in the Closed Loop Fund, a $100 million social impact investment fund that provides municipalities with access to capital for projects aimed at improving recycling programs.

Review: Peet’s Cold Brew Gets New Packaging & Flavors

While we first took a look at Peet’s Cold Brew back in Summer 2016, the company recently made some tweaks to the brand. In May, the company, which also announced a new “Coldcraft” unit to focus on cold-brew, has updated both the packaging and the flavor set.

True Nopal Forms Joint Venture with Suntory International

Fourteen months after cactus water brand True Nopal signed an exclusive international distribution deal with U.K.-based Lucozade Ribena Suntory Limited (LRS), the companies are tying the knot with a joint venture, True Nopal Ventures LLC. The new partnership is intended to boost True Nopal’s sales in the U.K. and Ireland.

High Brew Closes $17M Round Led by BIGR

The Austin-based company today announced the close of a $17 million funding round led by Boulder Investment Group Reprise (BIGR), a growth equity fund the partners with early-stage natural and organic products.

Reuters: PepsiCo in Talks to Acquire Vita Coco

Reuters has reported that PepsiCo is in talks to acquire All Market Inc, the maker of leading coconut water brand Vita Coco. PepsiCo is offering less than the $1 billion that All Market has sought for the acquisition, according to Reuters, which cited sources familiar with the potential deal.

Review: Cide Road Goes Sparkling with “Spritzel”

Switchel, which is, at least in the case of Cide Road, a beverage that features water, vinegar, and maple syrup, is something that has in recent years gained attention as an up and coming beverage category. However, it has yet to crack the mainstream. With Spritzel, Cide Road is clearly hoping to change that.

BevNET Podcast Ep. 59: Margaritas, Mezcal and Money

In this episode, we sat down with Mark Mahoney, the co-founder of premium cocktail mixer brand Powell & Mahoney, who discussed his background as a beverage entrepreneur and the rapid development of the mixer space. We also examined recent investment deals in food and beverage, including a funding round for snack brand Hippeas, one that included Leonardo DiCaprio.

American Academy of Pediatrics Revises Kids Juice Recommendations

The Academy's new policy statement recommends that 100 percent fruit juice should not be provided to children younger than 1 year of age, with the exception of cases in which there is a strong clinical basis for use in the management of constipation

Review: Preston’s Ginger Beer

Made in San Diego, Calif. in small batches, Preston’s Ginger Beer is one of the best-tasting ginger beers that we’ve sampled in a while. The recipe, which is based on a 100-year-old South African recipe that was handed down from the founder’s grandmother, is potent, but balanced.

Coca-Cola Continues Refranchising Effort In Tri-State Area

The Coca-Cola Company today announced that Liberty Coca-Cola Beverages LLC, a new joint venture between veteran Coca-Cola Refreshments executives Paul Mulligan and Fran McGorry, has signed a letter of intent for bottling and distribution operations in metro New York and Philadelphia, as well as most of New Jersey and a small portion of Connecticut.