News for June 5, 2024

YouTube celeb brand Chamberlain Coffee raises $7M for RTD expansion
YouTube star Emma Chamberlain’s coffee brand, Chamberlain Coffee, secured $7 million in funding to help propel the company’s move into the dynamic and competitive ready-to-drink (RTD) market. Among other things, the capital will support Chamberlain’s recent launch of RTD cold-brew lattes. Existing investors included Blazar Capital, Emma Chamberlain and United Talent Agency; investors Volition Capital, Electric Feel Ventures, LA Libations and Noah Bremen contributed to the latest round.

Continue reading

News for May 23, 2024

Sweet gluten-free market expands with Rubicon Bakers’ purchase of Lucky Spoon Bakery
Vegan, clean-label brand Rubicon Bakers enters the gluten-free market with the purchase of Lucky Spoon Bakery, a Salt Lake City, Utah, manufacturer of artisanal gluten-free products. The move shepherds Rubicon Bakery, which already manufactures baked goods for different consumer dietary preferences, into the dynamic gluten-free marketplace. Lucky Spoon founder Pam Schulte will join the Rubicon Bakers leadership team.

Continue reading

News for May 8, 2024

Maia Farms to expand mycelium production with $1.7M in pre-seed round
The completion of a $1.7 million seed round by Maia Farms will allow the Vancouver, Canada company to scale up its production platform, delivering higher yields for its mycoprotein products. The company won the Canadian grand prize in the Deep Space Food Challenge with partner Ecoation in April. Joyful Ventures, PIC Group and Koan Capital led the round, which was also supported by angel investors within the Creative Destruction Lab. The company also received funding from the Canadian Food Innovation Network, the National Research Council of Canada, MITACS and the Canadian Space Agency.

Continue reading

News for April 24, 2024

Kiosk-ordering software firm Bite secures $9M in Series A funding
Bite, a U.S. company specializing in kiosk software for restaurant and convenience store brands, secured $9 million to help fuel growth and invest in its patented AI technology, called Bite Lift. The technology analyzes customer orders in real time and drives upselling through personalized order suggestions. Stanley Capital led the round, with participation from Graham Partners, Food-X, One Way Ventures and Tamarisc Ventures.

Continue reading