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Home » Keywords: » investment

Items Tagged with 'investment'

ARTICLES

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Speakeasy Co. raises $6.8 million led by InvestBev

Investment will enable DTC provider to continue growth, support fulfillment model
January 25, 2023
No Comments

Speakeasy Co., San Diego, an eCommerce platform for alcohol brands, has received funding for its third seed round, with $6.8 million raised. The funding was led by InvestBev, an investment firm in the industry, with a portfolio including Siempre Tequila and Fyllo.


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Poppi raises $25M from CAVU Consumer Partners

Investment will buildout executive team, omnichannel growth
December 13, 2022
One Comment

Prebiotic soda brand Poppi, Austin, Texas, announced $25 million in new financing led by CAVU Consumer Partners. The funding comes after a year of meteoric growth for Poppi, in which the brand experienced 148% increase in overall revenue and a 250% increase in online sales, it says.


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Keurig Dr Pepper, Nutrabolt announce strategic partnership

December 8, 2022
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Keurig Dr Pepper Inc. (KDP), Burlington, Mass., and Frisco, Texas, and Nutrabolt announced a strategic partnership, including a definitive agreement for a long-term sales and distribution arrangement that leverages KDP’s go-to-market capabilities and a equity investment that enables KDP to participate in the value creation upside expected to be created through the strategic partnership, the company says.


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Keurig Dr Pepper invests in Athletic Brewing

Transaction furthers company’s moves into emerging beverage categories
November 9, 2022
2 Comments

Keurig Dr Pepper Inc. (KDP), Burlington, Mass., and Frisco, Texas, announced a minority stake in Athletic Brewing Co., a leading non-alcohol craft beer maker. The transaction represents KDP’s latest move into rapidly emerging beverage categories, following its acquisition of non-alcohol ready-to-drink cocktail brand Atypique.  


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Distill Ventures commits additional $5 million to drinks founders

Accelerator program furthers investments to entrepreneurs from underrepresented communities
September 8, 2022
No Comments

Since launching its Pre-Accelerator Programme in July 2021, Distill Ventures (DV), an independent drinks accelerator devoted to building and scaling the drinks brands of the future, has invested its initial goal of $5 million to entrepreneurs from underrepresented communities. Now, DV is announcing its aim to invest an additional $5 million in global funding committed by Diageo, DV’s sole funding partner, during the next year. 


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Chris Paul becomes equity partner in La Fête Wine Co.

Limited release La Fête du Blanc to join permanent line this year
January 31, 2022
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Donae Burston, founder and CEO of La Fête Wine Co., Miami, announced that Chris Paul (CP3), Phoenix Suns point guard and 11-time NBA all-star, has joined the La Fête Wine Co. family as an equity partner. Founded in 2019 as a fresh, modern and inclusive wine brand geared toward drinkers of all backgrounds, Paul joins the company at a time of extraordinary growth, the company says.


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Poppi

Prebiotic soda Poppi announces latest investment round

Pop culture personalities, CAVU Ventures among recent investors
August 30, 2021
No Comments

Prebiotic soda brand Poppi, Dallas, announced a round of investment from some of pop culture’s most notable personalities. 


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Dos Hombres

Constellation Brands invests in Dos Hombres mezcal

Hand-crafted spirit created by Aaron Paul and Bryan Cranston
June 17, 2021
No Comments

Constellation Brands Inc., Victor, N.Y., has acquired a minority stake in Dos Hombres, an artisanal and handcrafted mezcal brand created by “Breaking Bad” co-stars Aaron Paul and Bryan Cranston. The investment was made through Constellation’s venture capital group, and Dos Hombres remains independently owned and will continue to manage, market and produce its award-winning mezcals. 


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Jessica Jacobsen
Beverage Beat

Beverage companies invest in a more equitable future

Constellation Brands, Uncle Nearest Premium Whiskey establish foundations to support minority-owned businesses
Jess 200
Jessica Jacobsen
June 14, 2021
No Comments

When looking across various industries, representation among minority-owned brands remains low. Although this underrepresentation also affects the beverage industry, more companies are making an effort to reduce this gap through capital investments.


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La Fête du Rosé

Constellation acquires minority stake in La Fête du Rosé

Investment marks is 1st as part of Constellation’s Focus on Minority Founders initiative
May 13, 2021
No Comments

Constellation Brands Inc., Victor, N.Y., has acquired a minority stake in the fast-rising rosé label, La Fête du Rosé ― a brand created to cater to diverse drinkers who share common interests across travel, food, experiences and wine. The investment was made through Constellation’s venture capital group and represents the first company to receive investment dollars as part of Constellation’s Focus on Minority Founders initiative, which plans to invest $100 million in Black, Latinx, and minority-owned businesses by 2030, it says.


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