Beverages
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Atomo raises US$40M for product development and to scale up manufacturing
US – Atomo Coffee, a maker of a molecular version of the brewed beverage, has raised US$40 million in a Series A funding round to…
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Bühler, Givaudan and Migros launch the Cultured Hub to support food innovation
SWITZERLAND – Bühler Holding AG, a Swiss multinational plant equipment manufacturer, in a joint venture (JV) with Givaudan and Migros has launched Cultured Hub to…
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Tequila seltzer brand Onda secures US$12.5M growth investment to catalyze growth
US – Tequila seltzer brand, Onda, has secured a US$12.5 million in a growth investment round led by Aria Growth Partners to catalyze growth. The…
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British alcoholic beverage giant Diageo to exit Russia before the end of the year
RUSSIA – Diageo, a British multinational alcoholic beverage company, has announced the decision to wind down its operations in Russia over the next six months.…
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Beverage makers Heineken Ethiopia, Delta Corporation and Kenyan Originals expand product lines
AFRICA – Heineken Ethiopia has unveiled the country’s first non-alcoholic malt-based energy drink dubbed Bertat. Bertat, according to New Business Ethiopia, delivers instant energy while…