NÜTRL Founders Back Los Sundays Expansion
The founders who built NÜTRL into Canada's top vodka soda are putting that playbook to use again, this time with tequila.
Investment
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Featured Investment Content
BRĒZ Battles for Balance Amidst Swirling Regulatory, Financial Crosswinds
BRĒZ is trying to reposition itself for long-term growth and adjust its strategy to shifting regulatory demands after a challenging 2025.
DryWater Finds Everyday Hydration Niche, Expands To 41K Doors
DryWater is expecting to hit 41,000 doors by the end of 2026 as it targets a growing demand for clean-label, daily hydration powders.
Additional Content
Soylent CEO: Acquisition is ‘The Next Step in Our Evolution’
When plant-based nutrition brand Soylent began in 2013, it adopted a tech-influenced approach, dubbing its products Soylent 1.1, Soylent 2.0, and so on. Now, after its acquisition by CPG portfolio company Starco Brands earlier this week, the food and beverage maker is in stable release.
Soylent Acquired by Starco Brands
Publicly traded consumer products company Starco Brands, Inc. has acquired plant-based food and beverage maker Soylent, completing the brand’s evolution from red hot food-tech startup to cross-category CPG platform.
Remedy Drinks Re-Ups With Existing Investors To Fuel Retail Growth
Australian kombucha maker Remedy Drinks has closed a Series B funding round led by L Catterton and Australian investment firm Kin Group during Q4 2022. With this cash infusion, the brand plans to drive retail expansion with new and existing partners across the U.S.
Four Loko, Koia Founder Chris Hunter Invests In Cannabis Beverage Brand Drippy
Drippy Enterprises, the makers of THC and CBN-infused Drippy Soda, announced that beverage investor and brand leader Chris Hunter has backed the company’s seed funding round in addition to joining as an advisor.
Split LVL: How Lawsuits and Infighting Derailed NXT LVL
Supported by partnerships with boxer Manny Pacquiao and hip hop star T-Pain, Takeover Industries, the maker of hydrogen water and gamer energy shot brand NXT LVL, looked to be riding high. Now the business is fighting to rebuild and numerous lawsuits show that the path that led Takeover to this moment appears to be anything but business as usual.
People Moves: Reed’s Brings On Former Competitor As New CCO, Blue Bottle Names New Creative Leader
Ginger beverage brand Reed's has hired a new CCO to lead sales, Blue Bottle finds a creative director in retail fashion and Boxed Water Is Better announces hiring spree on the back of new partnerships and increased demand.
Barcode: Next-Gen Hydration Drink At ‘Inflection Point,’ Aiming for 5K Doors
After testing the market for a premium sports drink for the past two years, Barcode is ready to move into national distribution. Recently, the fitness water hired a new COO to help scale the brand for a larger distribution push and new innovation in 2023.
Roar Organic Adds $6M To Build Out Sales Team
Roar Organic secured a $6 million capital infusion to expand its sales and marketing teams as it increases its grocery retail presence and prepares for fresh innovation in 2023.
Zico Rising Nets $14 Million Investment
Zico Rising has raised $14 million, according to an SEC Form D filing submitted on January 27. SEC documents also indicate the company closed a $4 million round in December marking the company's first capital raises since Mark Rampolla, the founder of Zico, purchased the company back from the Coca-Cola in early 2021.
Unilever Names New CEO, Reaffirms Food Brands Strategy
Unilever has appointed former H.J. Heinz executive Hein Schumacher to lead the CPG company effective July 1 reaffirming the multinational company's commitment to its food brands.
AMASS Brands Expands From Spirits To Wine, Acquires Winc
Botanical products manufacturer AMASS has made its first acquisition, purchasing the operating assets of direct-to-consumer wine subscription platform Winc, in an effort to expand its alcohol business beyond spirits and hard seltzer.
Richard’s Rainwater Eyes Scaling Nationally With Increased Supply
Richard’s Rainwater announced the completion of the world’s largest potable rainwater collection site in Louisiana, setting its sustainability sights on reducing its carbon footprint with a network of decentralized collection and distribution hubs.
Guayaki Raises $75M, SEC Filing Shows
Yerba mate company Guayaki has raised $75 million in a funding round, according to a January 13 SEC filing by the company. The filing reflects over half of the company’s $142.8 million offering amount in the equity fundraise, with $67.8 million remaining to be sold.
People Moves: De La Calle President Departs, MāKā Adds Sales Executive
De La Calle president Danielle Calabrese has left Here Studio's tepache beverage brand. Wheatgrass RTD company MāKā brought on Jeff Maher to lead a national distribution push in natural and industry veteran Dave Peacock has been appointed the new CEO of Advantage Solutions.