Adam Melonas, CEO of innovation lab Chew, announced his intention this week to take over the kitchen space and offices of Pilotworks’ former Brooklyn location. The new venture, known as Nursery, will serve as an incubator for emerging brands.
Shaka Tea Co-founder and President Bella Hughes aims to deliver an authentic Hawaii-grown mamaki tea to a broader audience. The herbal tea has no caffeine or added sugar and comes in a variety of island-inspired flavors. Hughes has made a commitment to regenerative agriculture farming practices with a focus on empowering the local mamaki farming community and economy.
With an eye towards capturing consumers from outside the traditional energy drink space, natural energy drink MATI is rolling out a series of changes for the brand, including organic certification, new sugar-free SKUs, and a redesigned package for its cans.
Coca-Cola president and CEO James Quincey was today named the company’s new chairman, assuming the role from his predecessor as chief executive, Muhtar Kent. Kent, a 40-year veteran of the company, will remain as chairman until April when he will formally retire following the company’s 2019 annual meeting.
The second day of BevNET Live Winter 2018 explored shifts in the modern beverage landscape by taking a deep dive into raw data, sharing personal insights from investors and entrepreneurs, and drawing lessons from case studies.
Vietnamese-inspired coffee brand Copper Cow Coffee today announced the close of a $2 million round of funding today. The round was led by Silverton Partners, which contributed half of the capital, with CRCM Ventures, Montage Ventures and Social Starts also taking part.
Hoplark HopTea claimed victory today in New Beverage Showdown 16 at BevNET Live Winter 2018, as the non-alcoholic hop-infused tea earned bragging rights and a $10,000 prize package.
Adam Lowry explored the development of both Method and Ripple and how lessons from the former factored into the foundation for the latter. He also shared his perspective on how the funding environment for CPG brands has changed, why it was important to hire a CEO early into Method’s life cycle, discussed Ripple’s mission and its innovative technology, and why he believes that “raising money is not an indicator of success.”
Entrepreneurship is a journey, and the speakers on stage during the first day of BevNET Live Winter 2018 shared their personal stories of traversing the beverage industry. Speaking today in Santa Monica, Calif., industry leaders from emerging and established companies shared their insights into building a thriving beverage business in the current landscape.
GT’s Living Foods has revealed its next innovation within the emerging CBD beverage space: Dream Catcher, a new line of enhanced sparkling waters rolling out to stores later this month.
BevNET Live Winter 2018 kicked off with a glimpse at the next generation of innovative beverages, as 12 emerging entrepreneurs took the main stage to pitch their products during the semi-final round of the sixteenth edition of the conference’s pitch competition, the New Beverage Showdown.
In an effort to establish itself a global provider of cannabidiol (CBD) infused beverages, New Age Beverages Corporation (NASDAQ:NBEV) today announced plans to merge with Morinda, Inc., a Utah-based company that produces and sells Tahitian Noni Juice.
Yerbae, maker of a line of enhanced sparkling waters made with yerba mate, has raised $5 million in a round led by Arizona-based firm Zenfinity Capital. The investment will fund the company’s 2019 distribution expansion, which includes a partnership with New York metro distributor Big Geyser set to begin in January.
BevNET Live Winter 2018 has officially hit capacity and is sold out. Over 775 beverage industry founders and executives registered to attend the leading conference for the U.S. beverage industry next week in Santa Monica, Calf., which makes it the largest BevNET Live conference to-date.
