eSkye Solutions moves up to #4 in wine-tech funding. Overall rankings adjusted by new data.

August 15, 2018

Ninth in a series. eSkye Solutions — acquired by iControl (iControl Data Solutions) in 2017 — has moved into the #4 position as a result of new information received by Wine Executive News. eSkye offers an Electronic Exchange Solution (EES) for Beer, Wine and Spirits distributors and retailers to synchronize product data, pricing and promotional […]

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Vinventions restructures company finances, moves into #1 position in wine venture investments ahead of Wine.Com

July 25, 2018

Wine Industry Insight’s most recent update of financial information shows that Vinventions (formerly Nomacorc) has now moved into the #1 position in wine venture investments with a $149 million refinancing. That moves Vinventions just ahead of Wine.Com which is in second position with $140 million. Vinventions is an integrated closures company which began as Nomacorc, […]

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Codorniu Outside Shareholders Scramble For An Exit (from WEN 2014)

June 29, 2018

All of the non-family shareholders in Grupo Codorniu are disappointed in the company’s financial performance and are shopping a prospectus to sell their holdings. According to sources in Europe and confirmed by other international players who have shared parts of the prospectus with Wine Executive News, the non-Ravento-family holdings amount to 20% of the Spanish […]

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Codorniu Mismanaging Aveniu Brands Into The Ground (from WEN 2014)

Codorniu has steered Aveniu Brands toward disaster, thanks to the Spanish firm’s long-distance micromanagement and an inability to move quickly in a changing market. Insiders and sources close to the ongoing trials and tribulations say that Aveniu has lost its largest winery client, many other major brands, is on the verge of losing more and, […]

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Winc (Formerly Club W) comes in at #7 In WII’s Winetech funding survey

June 27, 2018

Relevant links For this start-up, the secret to selling wine online is making it yourself “Club W” Rebrands as “Winc” Previous Wine Industry Insight/Wine Executive News winetech funding profiles:   Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding At $53 million, Drizly places #4 in winetech funding, but #1 […]

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Cause-Marketing wine company ONEHOPE Raises $33 Million with record number of investors

June 19, 2018

Cause-marketing wine sales company ONEHOPE has raised at least $33 million from at least 44 investors — most of them individuals. The amount raised puts them in the number 8 position in Wine Industry Insight’s wine venture funding series despite the fact that the most recent finding round amount has not been publicly disclosed. In […]

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At $53 million, Drizly places #4 in winetech funding, but #1 in the total number of investors.

June 6, 2018

Local alcoholic beverage delivery service Drizly has rasised a total of $53 million so from 23 total investors — 19 in one single round! According to financial and credit rating site estimates, Drizly has annual revenues of $2.2 million and 76 employees. Recent Drizly News Adult Beverage E-commerce Leader Drizly To Open San Francisco Tech […]

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