Articles Tagged with 'Investment'

Upstart Mexican Lager Brand Calidad Raises $2.5 Million From Notable Investors

Upstart Mexican Lager Brand Calidad Raises $2.5 Million From Notable Investors

Cerveceria Calidad, a recently launched Mexican-style lager brand, has secured $2.5 million in seed funding from more than 20 investors, including American-Mexican Major League Baseball player Adrian González. Other notable investors include Nathaniel Ru, Nicolas Jammet and Jonathan Neman, the founders of Sweetgreen, and MeUndies founder and CEO Jonathan Shokrian.

North Carolina’s Ironclad Brewery Launches VC Arm

North Carolina’s Ironclad Brewery Launches VC Arm

Wilmington, North Carolina-based Ironclad Brewery has established a venture capital business unit in order to invest its profits into other startups. Speaking to Brewbound, CEO Ted Coughlin said Ironclad will make investments in the beer space as well as other sectors with significant growth potential. He added that Ironclad will invest its profits — which he estimates will average about $200,000 annually — in about eight startup companies a year.