food and beverage

Liquid Death is just one of many VC-backed beverage startups ready to disrupt Coke and Pepsi

Some of the new venture-backed beverage startups are hoping to upend the industry by creating new drink categories.

Deal Dive: Doing venture math on the non-alcoholic spirits industry

Hangovers suck. Especially so for those who felt pressured to drink the alcohol that inevitably caused the hangover to begin with. Drinking is slowly starting to fall out of fad, especially among youn

Jakarta-based cloud kitchen startup Legit Group gets Series A to take over the rest of Indonesia

Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm o

New functional tea brand, buoyed by $6.7M in new funding, debuts in Wegmans, Whole Foods

The company’s proprietary technology creates a formula that delivers 200 milligrams of tea polyphenols in each can and sweetened by monk fruit and stevia leaf extract.

SaaS platform klikit saves restaurant kitchens from ‘tablet hell’

The proliferation of delivery services give customers many options but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Many kitchens handle this by juggl

Novel Farms flexes its pork loin ‘muscle’ following future equity investment

The company has already demonstrated that its technology is viable and can make a piece of cultivated meat, and it has plans to introduce the pork loin to restaurants in 2025.

YC-backed Tablevibe’s customer surveys help restaurants reduce their reliance on delivery apps

Food delivery apps offer convenience for customers, but a host of headaches for restaurants, like commissions as high as 40% and very few tools to build customer loyalty. Based in Singapore, Tablevibe

Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

The bottled beverage industry wasn’t what Genki Forest’s founder, Binsen Tang, initially set out to tackle. The company aims to reach $1.2 billion this year.

Kamereo gets $4.6M to connect farmers and F&B businesses in Vietnam

While working as the chief operating officer of a pizza chain in Vietnam, Taku Tanaka saw how difficult it is for restaurants to connect with farmers. Many small F&B businesses can’t buy in larg

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A

Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures and i

Singapore-based Nimbly gets $4.6M to help businesses automate their standard operating procedures

Many work teams, especially stores and restaurants, rely on manual spreadsheets to ensure their operations are running smoothly. Based in Singapore, Nimbly develops software that automates more of tha

Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG

Many restaurants still rely on spreadsheets to track their inventory of produce, meat and other ingredients. But using manual methods often results in food wastage and higher costs. Malaysia-based Foo

Luckin Coffee replaces chairman Charles Lu

Luckin Coffee has replaced co-founder and (now ex-) chairman Charles Zhengyao Lu, despite his efforts to maintain control over the troubled Beijing-based coffee chain. The company disclosed in an SEC

AccelFoods fund for food and beverage innovators reaches $35 million

AccelFoods, an accelerator and fund that backs innovative food and beverage companies, has added $15 million to its second fund, according to founding partners Jordan Gaspar and Lauren Jupiter. AccelF