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 […]

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 […]

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 […]

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 […]