Califia Announces $50M Investment, New CFO

Plant-based beverage brand Califia Farms announced this morning it has closed a $50 million round of financing led by Luxembourg-based investment bank Ambrosia Investments and including a slate of celebrities including Academy Award-winning actors Jared Leto and Leonardo DiCaprio.

Review: Black Medicine’s Refreshed Packaging

Black Medicine, which initially started out in aluminum bottles and then shifted to cans in early 2017, is back with another packaging update. This time around, the company has given each can its own more prominent accent color and they’ve dialed down the emphasis on “cold pressed coffee.”

BevNET Live Summer 2018 Video: Euromonitor’s Five-Year Outlook

Speaking at BevNET Live Summer 2018 in New York City, Howard Telford, head of soft drinks research at the market research firm, examined how beverage trends will develop over the next five years, pinpointing several of the top growth areas in the space.

Lemonade Still Growing, Despite Added Sugars

Growing awareness of the health risks of excessive sugar consumption, combined with public health initiatives such as a tax on sugary drinks, has motivated some lemonade brands to explore ways of cutting sugar or adding functional benefits to their products

Euromonitor: North America Driving Global Coffee Trends

North American consumers are helping shape global trends in ready-to-drink (RTD) coffee while Asian markets are fueling the category’s international growth, according to a presentation today by Euromonitor International senior analyst Matthew Barry.

BevNET Live Summer 2018 Video: John Carmichael on Nestlé’s Beverage Evolution

In this interview from BevNET Live Summer 2018, John Carmichael, president of Nestle's beverage division, shared his thoughts on why the company looks for “something we can’t do ourselves” when evaluating potential acquisitions and why taking a patient approach to emerging categories is one of the biggest challenges for the company.

First Beverage Ventures Invests in Laws Whiskey House

First Beverage Ventures, the private equity arm of beverage advisory and investment firm First Beverage Group, today announced its investment in Colorado-based distiller Laws Whiskey House, making it the second spirits brand to join the FBG portfolio.

Press Clips: SEC Looking Into National Beverage

SEC Looking Into National Beverage; California Decides Coffee Doesn’t Cause Cancer After All; Seattle Scraps Head Tax After Pressure from Amazon, Starbucks; Struggling Dairy Farmers Turn to A2 Milks; Gatorade Wins ‘Sports Fuel’ Trademark Case

Nielsen: Coke, PepsiCo, DPS All See Sales Growth

Overall non-alcoholic beverage sales in all channels continued to grow during the four-week period ending on June 16, according to a Wells Fargo Securities beverage report on Nielsen sales data released earlier this week.

Taste Radio Ep. 117: How Does Industry Insider Bill Weiland Identify The Next Big Trends in Food?

Industry insider and Presence Marketing founder/CEO on how the natural foods industry has “grown up” and his approach to identifying disruptive brands and concepts; Taza Chocolate founder/CEO Alex Whitmore on how a focused and uncompromising approach to quality has differentiated Taza from the competition and why only recently the company decided to accept outside investment for the first time

Leadership Shakeup Announced Ahead of Keurig, DPS Merger

Dr Pepper Snapple Group (DPS) and Keurig Green Mountain unveiled the leadership team that will take the helm at the new Keurig Dr Pepper (KDP) when the merger transaction between the two companies closes, which is expected to happen next month.

Review: Turveda Sparkling Turmeric Tonics

Turveda’s Sparkling Turmeric Tonics is a three SKU line of lightly carbonated beverages that touts 166 mg of curcumin (the active element in turmeric that is known for its anti-inflammatory properties) content as its key benefit.