Lot 18 has raised a total of $44.5 million, good enough for sixth place in wine-tech venture funding behind eSkye Solutions which is no longer an independent company.    

Local alcoholic beverage delivery service Drizly has rasised a total of $53 million so from 23 total investors — 19 in one single round! Recent Drizly News Adult Beverage E-commerce Leader Drizly To Open San Francisco Tech Hub Ex-Voss CEO Jack Belsito Joins First Beverage Ventures Previous Wine Industry Insight/Wine Executive News funding articles Vivino […]

While American high-tech venture capital garners most international headlines, Vivino has surfed its way to consumer wine prominence atop a wave of Euro investment that tops $56.3 million. Other than a UK firm (still bre-Brexit) and unspecified angel-sized contributions from a U.S. fund organized by a group of professional athletes, the Vivino financial engine burns […]

Has SOMM star Dustin Wilson followed his verve across a forbidden legal line with his retail operation and associated businesses? Napa Valley luxury wine event and tour company founder Mary T. Beller thinks so. Beller, who owns Verve Wine Country LLC (aka Verve Napa Valley) has sued Verve Management LLC — owned by Wilson and […]

Wine.Com is truly the last company standing that grew out of the early bleeding edge of wine e-commerce. The current Wine.Com — and its total funding — is an outgrowth of eVineyard whose components along the way include Virtual Vineyards, WineShopper.Com, and a previous wine.com operation purchased by eVineyard.. In 2017 company statements, the current […]

A note from Wine Industry Insight Publisher and Executive Editor Lewis Perdue about this article and the regular series to come: “As noted in the disclaimer in both charts below, we recognize that the data we have reluctantly extracted from our research into private fundings will always be incomplete thanks to the lack of transparency […]

Drinks Holdings Inc. (DHI) — best known for its Drinks.Com direct wine sales — has sued ecommerce and fulfillment company, WineDirect (WD) in Los Angeles County Superior Court alleging breach of contract, fraud, misrepresentation, and unfair competition. The suit was brought by DHI and its allied company, Hemispheres against WD and its Chief Executive Officer […]

On April 24, the Director General of the OIV, Jean-Marie Aurand, presented information on the potential wine production, assessment of the harvest, and state of the market and international trade in 2017 at the Organisation’s headquarters in Paris on 24 April. HIGHLIGHTS With 7.6 mha in 2017, the size of the global area under vines […]

First in new series on U.S. and global venture capital in wine This is the first in a series of articles looking at U.S. and global venture capital investments in wine-oriented technology, sales, transportation, and allied areas. The rational for this new feature can be found at: Wine industry missing out on investment due to […]