The total venture investment in the top 48 U.S.-based wine companies has hit at least $924.4 million. I say “at least” because these are just the numbers I can confirm. The industry’s propensity to hide every investment like a dog buries a bone means that the total is most likely greater than $1 billion. Top […]
Continue readingOral Argument Transcript: Supreme Court Justices Express Skepticism of Tenn Liquor Law
January 17, 2019
Supreme Court justices seem skeptical of Tenn. residency requirement for liquor store owners – The Washington Post Justices Express Skepticism of Tennessee Law on Liquor Stores -New York Times For full transcript, click here
Continue readingThe up-and-coming founder of a Sonoma County Direct-To-Trade wine business is a convicted felon & instigator of a possibly illegal wine scheme
December 18, 2018
The founder of a new Sonoma County Direct-to-Trade business has been convicted of 25 federal felonies, has a highly sanitized LinkedIn profile, and has been involved in a highly irregular — and possibly illegal — wine production and sales operation. Recently honored by the North Bay Business Journal as one of “Forty Under 40 Ones […]
Continue readingDrizly more than doubles funding with New $34.5 Million Series C — Powers ahead of Coravin & Vivino to #3 position overall
December 13, 2018
The funding was revealed in a December 10 SEC FORM D Filing Previous Wine Industry Insight/Wine Executive News wine tech funding profiles: VinoVolo landed $17 million before being bought Minibar Delivery: #18 in Wine Executive News Wine Tech Funding Series Wine Communications Group/Wine Business #17 in Wine Executive News Wine Tech Funding Series Kuvée brings […]
Continue readingHere are the Wine Tech Top 20 Fundings for 2018
Vino Volo displaces 5 companies, vaults to #14 in top wine tech venture fundings; Wine.Com gets even bigger at #1
December 5, 2018
The rankings have been changed thanks to: The recent discovery of an earlier $10 millon investment in Vino Volo $32.5 Million Growth Capital Investment from Goldman Sachs Asset Management Private Credit Group (Nov 19, 2018)
Continue readingVinoVolo landed $17 million before being bought
Relevant Links Paradies Lagardère Closes Acquisition of Leading Airport Restaurateur Hojeij Branded Foods Hojeij Branded Foods Acquires Premier Airport Wine Bar Chain Vino Volo Mistral Equity Partners Invests in Vino Volo
Continue readingWine Communications Group/Wine Business: #17 in Wine Executive News Wine Tech Funding Series
November 27, 2018
Associated links Wine Business Monthly Acquires WITS, The Wine Industry Technology Symposium Winebusiness.com Raises $7M At End of Second Financing Round; Sabate SA and Diosos SA Join Leading Wine Trade Publisher to Launch Global Online B2B Marketplace. Winebusiness.com Appoints VP of Content and Community; Former Excite@Home Exec Leverages Experience to Expand the Wine Industry’s Most […]
Continue readingMinibar Delivery: #18 in Wine Executive News Wine Tech Funding Series
Relevant links Minibar Delivery: Two female entrepreneurs are changing the booze industry On-demand alcohol delivery service Minibar Delivery picks up $5 mln Minibar Delivery Acquires Booze Carriage
Continue readingSevenFifty Ranks #15 in U.S. WineTech Funding
October 29, 2018
The Genial Reign of SevenFifty.com Could This NYC Startup That Just Raised $8.5M Change the Beverage Industry Completely? SevenFifty cofounder and CEO Aaron Sherman: “By looking at liquor license applications, the addressable market hovers around 200,000 businesses nationwide. SevenFifty currently works with 700 distributors representing roughly $20B in combined annual sales, a large percentage of […]
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