With a record amount of money flowing into the packaged food and beverage industry, and with a lot more to come in 2018, cooperation, rather than competition, is the rising tide. Here are some reasons why we anticipate that 2018 will be a landmark year of “Coopetition."
As 2017 comes to a close, we recap the top five investments and acquisitions in the beverage market over the past year.
Long Island Iced Tea Corp raises its stock and suspicions with pivot to blockchain; Nestle warned it lacks right to Californian water source; Juicero equipment to be auctioned off; Philz Coffee buzzed about as the next Blue Bottle
You don’t have to be a rocket scientist to break into the food and beverage business… but it doesn’t hurt. Just ask Vital Proteins founder Kurt Seidensticker; something’s BRUing in the trendy world of bone broth; is basil seed an ingredient to watch in 2018?
At BevNET Live Winter 2017 in Santa Monica, several entrepreneurs, some who sold stake in their company for private equity investment and some who left it on the table, offered their personal experiences dealing with the question of whether to stay independent or not.
Aloe vera water brand Aloe Gloe is launching a new low-calorie sparkling sub-line formulated with functional ingredients, including aloe, ginger and turmeric.
In the opening presentation of BevNET Live Winter 2017 in Santa Monica, Calif. Andrew Henkel, SVP of brand growth solutions at SPINS, took a deep dive into the state of a beverage marketplace featuring tens of thousands of brands.
The products are packaged in 12 oz. cans that feature a design and branding that we’d best sum up with one word: loud.
A year after launching functional iced tea brand Role Tea, Mike Johnson has a simple piece of advice for young beverage entrepreneurs guiding their own startup ventures: “Learn as much as possible, as quickly as possible.”
Purpose Tea launches in Albertson’s and Market Street stores; Humblemaker partners with Los Angeles Distributing Company; Soylent goes wide in California 7-Eleven stores; Sunniva Super Coffee grows presence in grocery
DRY Soda Co. founder and CEO Sharelle Klaus declined to reveal the size of the investment, but noted that it was 50 percent larger than the company’s previous funding round from earlier this year.
BevNET Live 2017 featured discussions with two high-profile companies driving the coffee category's prodigious growth over the past year: Dave Burwick, president and CEO of Peet’s Coffee & Tea, and Greg Steltenpohl, co-founder and CEO of Califia Farms.
Marketed as an immunity and wellness shot, Glide Immunity is a 2.5 oz USDA Organic shot that features oregano oil, ginger, honey, and citrus as its primary ingredients.
In an official statement addressed to “guests and customers,” which was posted to its website and social media accounts and shared with BevNET, Juice Served Here CEO and co-founder Alex Matthews announced that the Los Angeles-based brand, founded in 2013, is now closed.
