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The Louisville-based organic tea makers announced the news Wednesday in a company press release, revealing that the final $500,000 of their yearlong Series A2 fundraising round came from equity-based crowdfunding platform CircleUp.
Califia Farms, which had previously produced only ready-to-drink coffees, has officially jumped into the cold brew coffee concentrate category with this product. The key selling point of this multi-serve beverage is, much like other cold brew products, its low acidity level, which Califia touts as being 60 percent lower than hot brewed coffee.
The bottled water wars are back and even the 1 percent are being sent off to battle.
Behind the blockbuster deal are Warren Buffett's Berkshire Hathaway Inc. and Brazilian private equity firm 3G Capital, who originally partnered up in 2013 to buy Heinz for $23 billion.
Velu is a beverage that’s focused on a classic ingredient for juice bars: wheatgrass. It’s one of those under-loved ingredients that is generally consumed -- many times in shot form -- purely for health purposes rather than flavor. That’s what Velu is setting out to change with its flagship product.
“The cap category hasn’t even started yet,” insists Mikel Anderson, whose Blast Cap Technologies develops and sells caps to other manufacturers. “It’s not even born yet."
The co-founder of Tazo, Stash, and Smith Teamaker died on Monday. Reporter Richard Read, has touchingly written about Smith's life and last days.
For the world’s largest beverage company, the question is no longer whether or not it needs to reinvent itself to thrive but whether or not it can, and if it can, then how?
This edition of FBU features a special emphasis on financial partnerships, including a pitch session with three growth-oriented investors and individual sessions that indicate the best ways to attract and communicate with potential funding partners.
Packaged in 1.7 oz. plastic containers, KOR is a line of organic, high pressure processed (HPP) juice shots that come in two varieties: Ginger and Turmeric. While the small format makes it intuitive that the product is a shot, it's both a challenge and a potential opportunity for the brand in that it’s not fighting for the same shelf space that’s currently taken up by HPP juices.
This category is reflective of some of the new energy coming into conventional stores through both the produce and chilled natural sets. While Sunny D and other big brands dominate the center, take a look at what GTs, Kevita, Mamma Chia and Goodbelly are doing.
Here’s the week in review in distribution news across the beverage industry:
In this video, Daniel Sullivan discusses the back story of Temple Turmeric's propriety turmeric variety, the recent rebrand, and its work and relationship with Boulder Brands Investment Group, which took an equity position in the company last year.
Mansi is a straightforward blend of water, calamansi juice, sugar, honey and ascorbic acid. If you haven’t had calamansi before, it’s basically a citrus fruit that has a flavor profile that’s very close to lemon. That being said, the flavor of this product is basically that of a slightly exotic lemonade. So really, anyone could pick up a carton of Mansi and enjoy it. It is, however, quite sweet.