investment

OWYN Closes $7.5 M Round Led by Powerplant Ventures

Plant-based beverage maker OWYN has raised $7.5 million in a financing round led by Powerplant Ventures, the company announced today. Powerplant co-founder and partner Mark Rampolla will join the brand’s board of directors.

Investment Roundup: Grady’s Calls for Crowdfunding; JAB Forms Peet’s JDE

In this roundup of recent investment and M&A news, New York-based Grady's Cold Brew kicks off a crowdfunding investment campaign online, IFF and DuPont come together, and the merger of Peet's Coffee and Jacobs Douwe Egberts sets the stage for potentially the world's biggest publicly traded coffee company.

First Beverage Group Enters CBD Stakes With Mad Tasty

First Beverage Group is getting into the CBD business with today’s announcement of its investment in Mad Tasty, a line of infused sparkling waters backed by Interscope Records recording artist Ryan Tedder, lead singer of the group One Republic.

The Sazerac Company Invests in John Distilleries

John Distilleries Private Limited, a leading Indian spirits company, today announced that The Sazerac Company ("Sazerac,”) the largest family-owned spirits company in the United States, has acquired an equity stake in JDPL from Gaja Capital, who will continue to remain partially invested in the Company.

Revive Lands $7.5M Peet’s Investment

The capital infusion will be used to grow Revive's brewery operations, scale its staff, and expand its national distribution footprint, which will include integration into Peet's company-owned cold-chain Direct-Store-Delivery (DSD) network, Coldcraft.

Video: The State of Beverage Investment

BevNET hosted Mike Burgmaier, managing director at Whipstitch Capital, Nick Giannuzzi, managing partner at law firm The Giannuzzi Group, and Tim Spier, founder and managing partner at Boulder Food Group, for a panel discussion on the state of beverage investment last week at BevNET Live Summer 2017.

Nestlé Waters NA Invests $6M in Closed Loop Fund

Nestlé joins fellow beverage companies Coca-Cola, PepsiCo, Dr Pepper Snapple Group and Keurig Green Mountain in investing in the Closed Loop Fund, a $100 million social impact investment fund that provides municipalities with access to capital for projects aimed at improving recycling programs.

High Brew Closes $17M Round Led by BIGR

The Austin-based company today announced the close of a $17 million funding round led by Boulder Investment Group Reprise (BIGR), a growth equity fund the partners with early-stage natural and organic products.

Bulletproof Shows Off its Guns with $19M Series B

The round was led by CAVU Venture Partners, a well-known food and beverage investment firm which boasts alumni brands such as vitaminwater, Sweet Leaf Tea and Deep Eddy Vodka.

First Beverage Invests in Mezcal Brand, Gem&Bolt

First Beverage Ventures, the private equity arm of First Beverage Group, today announced an investment in mezcal brand Gem&Bolt, marking the first time that the firm has invested in a distilled spirits company.

Owl’s Brew Lands $4M in Series A Round

Owl’s Brew, makers of tea-based cocktail mixers and a tea-and-beer Radler line, announced Thursday it has closed a $4 million series A funding round. The round included large investments from firms Cambridge Companies SPG and Anheuser-Busch InBev’s ZX Ventures.

“Ugly” Produce Platform Full Harvest Closes $2M Raise

The San Francisco-based Full Harvest, founded by Christine Moseley, a former head of business development at Organic Avenue, has raised $2.35 million thus far, having brought in $350,000 from The Impact Engine, Astia and Wilson last May.

Wandering Bear Raises $2.4M, Expands Retail Business

The New York-based bag-in-box coffee brand completed a $2.4 million equity funding round this week, giving founders Matt Bachmann and Ben Gordon the capital to tackle expanded distribution and a growing product line.