Suja Life IPO Raises $187M; ‘We Are Just Getting Started,’ Says CEO
Once underwriting discounts and commissions are deducted, net proceeds are expected to be around $173.6 million, according to a press release.
Investment
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Featured Investment Content
CPG Funding Trends: Capital Gets More Targeted – FABID by Northhall Q1 2026 Report
The Q1 2026 funding report from Northhall paints a picture of a funding environment that is cooling, but not collapsing. Total investment in food, beverage, and CPG brands reached approximately $340M, marking a 13% decline quarter-over-quarter as deal volume also pulled back.
Create Lands $20M To Scale Into Creatine Hydration Powders
Creatine gummy brand Create Wellness is moving into powdered beverages with a $20 million investment led by Alliance Consumer Growth and Impact Capital.
Additional Content
Lifeway, Danone Enter Cooperation Agreement, Lifeway to Overhaul Board
After halting acquisition talks last month, kefir maker Lifeway Foods and Danone North America are back in good standing after entering a cooperation agreement, which will include an “orderly refreshment” of Lifeway’s board of directors.
SPINS Expands With Marketing, AI Capabilities
SPINS today announced the debut of two new platforms for both CPG brands and retailers that will expand the market researcher’s capabilities into digital marketing and AI enablement.
Inside Springdale Ventures’ Playbook: How The Firm Backs CPG Disruptors
Springdale senior associate Mollye Santulli shared her insight on the current state of investing, what brands should focus on when fundraising and how to prepare for a pitch.
Real Estate Developer Enters CPG With $50M Venture Fund
Real estate developer Beckett Industries is launching a $50 million venture capital fund that will target early-stage food and beverage businesses.
Waku Tea Raising $1.5M Seed, As Brand Hits Retail ‘Inflection Point’
Prebiotic drink brand Waku Tea is closing a $1.5 million seed round by the end of the year, backed by the venture arm of Beckett Industries.
Tito’s Handmade Vodka to Acquire Majority Stake in LALO Tequila
Tito’s Handmade Vodka has struck a deal to acquire a majority stake in LALO Tequila, a fast-growing tequila brand often dubbed the “Tito’s of tequila.”
Ketone-IQ Adds ‘Opportunistic’ Investment, New Retail Partners
Energy shot brand Ketone-IQ recently secured an undisclosed “seven-figure" investment as it makes a deeper push in retail.
Slate Milk Closes $23M Round Led By Yasso Founders’ Fund
High-protein chocolate milk and canned coffee brand Slate has closed a $23 million Series B round led by Foundership Ventures, bringing the brand’s total investment to $50 million.
Jeff Rubenstein Moves To Food As Khloud CEO
Khloud named former Poppi president and chief growth officer Jeff Rubenstein as its CEO, just five months after launch and amid a slate of distribution gains.
Iris Raises $6.2M To Expand CPG-Focused Financial Platform
AI-powered financial planning and analysis platform Iris plans to accelerate growth after today announcing the closing of a $6.2 million funding round led by Glasswing Ventures.
Liquid Death Goes To Eleven With Spinal Tap Ad, Pro Sports Investors
Liquid Death has added a pro sports investment firm, 4th & 1 Ventures, as it launches a Spinal Tap partnered marketing campaign.
PATH Water Lays Trail to Profitability as Revenue, Margins Spike
As it works to close out an active Series B funding round, sustainable brand PATH Water is trotting directly towards break-even revenue and ramping up international production. PATH reported 2025 revenue is on track to surpass projections at over $75 million.
Nutrabolt Takes Majority Stake in Bloom Nutrition
Nutrabolt has taken a majority stake in Bloom Nutrition, positioning the parent company as a major platform across wellness CPG categories, including energy drinks and powdered supplements.
TÖST Adds $1M, Expands DSD Network
TÖST added over $1 million in bridge round funding as the brand grows its DSD network and targets on-premise retail with its new RTD canned format.