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Is the food and beverage funding freeze finally thawing? FABID’s Q1 2025 Report reveals a surprising rebound in deal size and investor appetite—just not where you might expect.
Ninety-five percent of bev-alc brand launches fail, according to Gustavo Aguirre, VP of brand innovation at investment firm InvestBev. Aguirre spoke during BevNET’s Spirits Sunday event in Marina del Rey, California. Aguirre was joined by GHJ advisory partner Maria Pearman and 5:30 Somewhere founder Dale LeFlam.
Light lager brand Montucky Cold Snacks is “a big anchor” within Gallo’s total beverage alcohol strategy moving forward, as the wine and spirits giant enters the beer category, Gallo EVP and general manager Britt West told Brewbound.
RationAle Brewing is partnering with CPG incubator L.A. Libations and bev-alc offshoot Homestead Brands as the non-alcoholic beer maker enters a new phase aimed at speeding up growth and building toward an eventual exit.
Check out news items initially reported in the Brewbound Insider Newsletter October 12-16, including headlines from Canworks, Garage Beer, Almanac and more.
Non-alcoholic social tonic maker Hiyo has closed an oversubscribed $20.8 million Series B round as it looks to build on its rapidly expanding retail footprint and push deeper into live entertainment and nightlife.
Check out news items initially reported in the Brewbound Insider Newsletter September 17-18, including headlines from Columbia, Firestone Walker, Garage Beer and others.
Athletic Brewing Company is adding two QB1s to its roster as “athlete-owners” as the NFL season kicks off tonight. New England Patriots quarterback Drake Maye and Dallas Cowboys quarterback Dak Prescott struck multi-year partnerships with the dedicated non-alcoholic beer maker and stakes in the business.
Cannabis beverage maker Uncle Arnie’s has raised a fresh $2 million on top of a round led by previous investors Mindset Capital and the investment office of Harry Rubin, the founding partner of Boston Beer Company.
The time is right for founders of scaled ready-to-drink (RTD) brands to consider exits with the emergence of a “classic seller’s market,” Arlington Capital Advisors managing director Townsend Ziebold declared earlier this month at the Beer Marketer’s Insights business conference.
Ready-to-drink canned cocktail brand Carbliss is open to potential acquirers, co-founder Adam Kroener made clear Wednesday at Beer Marketer’s Insights spring meeting. “Everything’s for sale,” Kroener said during a panel conversation that included SpikedAde co-founder and CEO Jason Cohen and Happy Dad co-founder and CEO Sam Shahidi.
BrewDog co-founder James Watt’s second act in beer is Second Best – and he’s offering a percentage of the new venture to his original craft brewery’s investors, who were shut out of proceeds following BrewDog’s sale to Tilray Brands earlier this year.
Two months on the market, celebrity-founded non-alcoholic beer Crazy Mountain has received $15 million in seed funding round led by investment firm CAVU Consumer Partners.
Spirits giant Sazerac announced today a “strategic partnership” with 818 Tequila, the brand founded by model and reality TV star Kendall Jenner.
Check out these news items, initially reported in the Brewbound Insider Newsletter April 13-15, including headlines from Constellation Brands, Anheuser-Busch InBev, Garage Beer and more.
Multi-state distribution platform/consolidator KEG 1 has inked a deal to acquire a “controlling equity” stake in Pine State Trading Co., the fourth-generation, family-owned New England distributor with operations in Maine and New Hampshire.
Another low ABV beer with an explicit target audience made an appearance on ABC’s Shark Tank and came out with an investment. Potentially. Beer Girl founder Caroline Renezeder Foulk pitched the three-year-old lager brand to a panel of investment “sharks,” and caught the attention of Uncle Nearest founder Fawn Weaver.
