Venture capital fund AccelFoods announced today it is leading a planned $5.6 million round in Roar Organic. AccelFoods said it has committed $1.25 million, of which $625,000 has already been invested in the better-for-you sports drink. The full round is expected to close in the first week of January.
Johnny Miller, the owner and co-founder of Lost Coast Roast, is focused on producing fair-trade, organic cold brewed coffee sourced from sustainable, shade-grown farms. The family business is rooted in Northern California and incorporates locally sourced milk from Humboldt Creamery as one of the four ingredients in its cold brew.
As dairy alternatives continue to rise new brands are rapidly entering the space, bringing with them disruptive innovations and unique platform propositions. But an influx also means brands have to work harder to differentiate and protect their corner of the grocery shelf. So the question becomes: how do you build the platform?
Launched in September, Synapse is a caffeine free ready-to-drink supplement that is designed to boost mental performance, focus, and energy. The product is available in a single SKU.
In this clip from day one of BevNET Live Winter 2018 held in Santa Monica, Calif. on Dec. 3, Dave discusses his roots as a young beverage entrepreneur, how GT’s seasonal kombuchas offer the opportunity to “transcend the bottle and tell a story,” and how its newest product — Dream Catcher, a cannabidiol (CBD) infused water that adds a new functional dimension to its portfolio — fits into the company’s mission to inspire and excite through health and wellness.
Snack and non-alcoholic beverages sales were up 4.1 percent in the four-week period ending on December 1, according to an analysis of Nielsen data by Wells Fargo Securities. The all channel report showed growing sales of carbonated soft drink (CSDs) across the category’s major players, including The Coca-Cola Company, PepsiCo, and Keurig Dr Pepper (KDP).
Dawes joined Taste Radio for a conversation chronicling her entrepreneurial journey, from childhood to her decision to launch Late July Snacks to its eventual sale. She also explained why staying independent early on and maintaining voting control of her company saved it from potential downfall and told a remarkable story about her first sales call.https://www.tasteradio.com/episodes/2018/taste-radio-ep-141-how-late-july-founder-nicole-dawes-turned-a-niche-into-a-100-million-business/
Having established a level of awareness for the category – one that continues to rise – kombucha and probiotic drink makers are now looking to grow their consumer base beyond the mix of urban millennials and traditional homeopaths that helped put them on the map.
Cheribundi doubles its store count with Walmart to expand its 32 oz multi-serve cherry juice chainwide; Ugly Drinks partners with Rainforest Distribution to continue New York expansion; Sunshine Beverages reformulates to reduce sugar and builds out Southeast retail presence; CELSIUS partners with Anheuser-Busch and PepsiCo distributors.
As the winter holiday season gets in full swing, we take a look at some of the new spirit products you may be finding behind the bar (or under the tree) this month.
Sweet Reason is a new sparkling water enhanced with 7 mg of cannabidiol (CBD). The product is produced in Canada, contain 5 calories per 12 oz. bottle and is available in three unsweetened flavors:, Grapefruit, Cucumber + Mint, and Strawberry + Lavender.
Changes are afoot at The Coca-Cola Company’s Venturing and Emerging Brands (VEB) unit, with an internal memorandum detailing structural changes set to take effect in the new year, including staff reductions and a shifting of select brands into the broader Coke system.
Exploring the evolving market for food and beverage in the U.K. from the perspective of two London-based entrepreneurs: Jarr Kombucha co-founder Adam Vanni and Moju Drinks co-founder Rich Goldsmith. Also in this episode: the hosts discussed notable moments and presentations from day one of BevNET Live Winter 2018.
In this clip from the conference session, Guayaki's David Karr and Patrick Lee detail how the company's self-distribution model Yerba Mate Co. has evolved over the last 24 months and how Guayaki's in-house media team is deepening the brand's connection with lifestyle and activism.
