Funding

'The coffee, tea, and beverage company for Gen Z,' Chamberlain Coffee closes $7m funding round

16-Aug-2022 By Mary Ellen Shoup

Chamberlain Coffee, a DTC-focused brand created by YouTube star Emma Chamberlain, has sealed a $7m Series A funding round led by Blazar Capital and a stacked roster of DTC, retail, and beverage industry investors.

Soup-To-Nuts podcast: Funding options shift, shrink as inflation rises, recession fears mount

06-Jun-2022 By Elizabeth Crawford

Where the food and beverage industry was once flush with funding from venture capitalists drawn to fast-growing businesses and from strategics eager to pay high multiples for innovative start-ups, money is now harder to come by as inflation, supply chain...

Good Culture lands $64m Series C funding: 'Many nutrient dense, cultured food categories are on the table for innovation'

23-Feb-2022 By Mary Ellen Shoup

Good Culture, best-known for disrupting the cottage cheese category with its clean label formulation, has just secured $64m in Series C funding to drive continued expansion of its healing cultured foods platform.

Purely Elizabeth closes $50m Series B funding round: 'There's an opportunity to double distribution'

31-Jan-2022 By Mary Ellen Shoup

Purely Elizabeth, best known for its better-for-you granola products, closes a $50m Series B financing round to support new product innovation with a new category launch for the brand slated for later this year.

GrubMarket raises $200m in Series E funding round, eyes IPO

16-Nov-2021 By Mary Ellen Shoup

GrubMarket, a San Francisco-based food supply chain e-commerce company, has raised $200m in a Series E funding round, bringing its total valuation to over $1.2bn.

Humm Kombucha secures $8m in funding to fuel expansion plans

20-Oct-2021 By Mary Ellen Shoup

Humm Kombucha has secured an $8m line of credit from Gerber Finance to support its next chapter of growth and future expansion plans.

Cometeer re-engineers the at-home coffee experience

19-Oct-2021 By Mary Ellen Shoup

Fresh off closing its Series B $35m funding round, Cometeer is introducing more coffee drinkers to a new way of making barista-quality coffee at home with flash-frozen, dissolvable pucks of brewed coffee.

Gopuff raises $1bn in new funding, doubling down on business priorities

02-Aug-2021 By Mary Ellen Shoup

Online product delivery platform Gopuff, which delivers thousands of household products from snacks to alcohol from its hundreds of micro-fulfillment centers, has secured $1bn in new funding, raising the company's evaluation to $15bn.

The New Primal lands $15m Series B funding: 'We very much see ourselves as a clean eating platform brand at this point,' says CEO

30-Jul-2021 By Mary Ellen Shoup

Once a brand focused solely on meat snacks, The New Primal has extended into a number of adjacent categories in the past three years including sauces and marinades, condiments, salad dressings, and dry seasonings, making it a bonafide platform brand,...

Startups too small for traditional banks, VCs could access financing from restructured eCapital Corp

14-Apr-2021 By Elizabeth Crawford

With the consolidation of eight businesses under one simplified corporate structure and a strong track record of driving growth despite pandemic-related challenges, specialty lender eCapital Corp. is poised to offer upwards of 25% more financing this...

Territory Foods closes $22m funding round to expand chef-crafted, nutritionist-designed meal delivery service

13-Apr-2021 By Mary Ellen Shoup

Territory Foods, a fresh-prepared direct-to-consumer (DTC) meal delivery service that partners with local chefs to create flavorful nutritionist-designed dishes, has closed a $22m funding round led by US Venture Partners.

Plant protein brand KOS closes $2.1M funding round after triple-digit growth

25-Aug-2020 By Danielle Masterson

Plant-based protein and functional ingredient supplement company KOS has closed a $2.1 million funding round led by Springdale Ventures; former Whole Foods CEO, Walter Robb; and Horizon Bank’s chair Jim Schneider to support its continued expansion across...

Outstanding Foods lands $5m funding round, eyes more of sports and fitness snacking category

01-Jul-2020 By Mary Ellen Shoup

Plant-based snack brand Outstanding Foods, maker of PigOut Pigless Pork Rinds, has closed a $5m round of financing led by SternAegis Ventures to propel the snack brand into its next phase of growth.

NEWS IN BRIEF

Plant-based seafood brand Good Catch raises over $32m in Series B financing round

15-Jan-2020 By Mary Ellen Shoup

Gathered Foods, parent company to plant-based seafood brand Good Catch, has closed a series B funding round led by several industry players including Greenleaf Foods and 301 INC, the venture arm of General Mills.

Stacy’s limited-edition bags spotlight Women’s Entrepreneurship Day

19-Nov-2019 By Kristine Sherred

Stacy’s Pita Chips has released three designer bags in Kroger’s US stores in honor of the November 19 celebration and PepsiCo's broader WomanMade platform.

NuttZo skips venture capital in favor of revenue-based financing to expand distribution, portfolio

09-Oct-2019 By Elizabeth Crawford

While venture capital is a popular choice to fund food and beverage brands, other options – such as revenue-based financing* – can provide entrepreneurs with capital necessary to grow without diluting their equity, according to the founder and CEO of...

Soup-To-Nuts Podcast: How is the flood of investment funds reshaping the food & beverage space?

01-Mar-2019 By Elizabeth Crawford

Whether through multi-million dollar investments in startups or high dollar mergers and acquisitions of larger, established companies, the food and beverage industry currently is being flooded with funding, and with it many opportunities as well as challenges.

Your Super raises $5M to introduce the power of superfoods to more Americans

31-Jan-2019 By Elizabeth Crawford

An injection of $5 million in Series A funds will help the fast-growing, ecommerce-based startup Your Super introduce the power of superfoods to more Americans who want to eat healthy but either don’t know how or don’t have access through traditional...

Equity crowdfunding offers a way to raise funds without compromising values

31-Jan-2019 By Elizabeth Crawford

Conventional investors focused on the bottom-line or high returns may not be a good fit for small companies that are unwilling to compromise their values to increase their margins – but that doesn’t mean mission-based businesses are limited to bootstrapping,...