The food and beverage industry is experiencing a wave of innovation, driven by changing consumer preferences, sustainability efforts, and advancements in food technology. From plant-based alternatives and functional beverages to AI-powered food production and sustainable packaging, startups are transforming the way we eat and drink.
Many of these companies have secured significant investments to scale their operations and bring their groundbreaking ideas to market. In recent months, several food and beverage brands have raised $50M to $100M, fueling their growth and expansion into new markets.
Meet 10 High-Growth Food & Beverage Brands Raising $50M-$100M
The food and beverage industry is evolving rapidly, with startups innovating in healthier alternatives, sustainable packaging, and tech-driven food production. Investors are backing companies that cater to changing consumer demands, from plant-based foods to functional drinks and AI-powered supply chains.
Here are 10 food and beverage companies that recently raised $50M-$100M and are making a big impact!
| Company | Founded | Location | Employees | Last Funding | Last Funding Date | Total Funding |
|---|---|---|---|---|---|---|
| ColdSnap | 2018 | Billerica, MA, USA | 11-50 | $10.7M | Sep 17, 2024 | $82.7M |
| Serenity Kids | 2016 | Austin, TX, USA | 11-50 | $52M | Mar 11, 2024 | $63.5M |
| Flow Alkaline Spring Water | 2015 | Toronto, ON, Canada | 101-250 | CA$1.73M | Dec 31, 2024 | $50.7M |
| Foodji | 2017 | Grünwald, Bayern, Germany | 51-100 | €25M | Nov 13, 2024 | $51.91M |
| RobinFood | 2018 | Bogotá, Colombia | 501-1000 | $4M | May 21, 2024 | $94.27M |
| TruNativ | 2019 | Mumbai, Maharashtra, India | 1-10 | ₹100M | Sep 4, 2024 | ₹100M |
| La Vie | 2019 | Paris, France | 11-50 | €22.97M | Oct 4, 2024 | €50M |
| GOPIZZA | 2017 | Mapo, Seoul, South Korea | 11-50 | ₩13.6B | May 28, 2024 | $69.89M |
| Raiar Organicos | 2020 | São Paulo, Brazil | 11-50 | R$50M | Apr 25, 2024 | R$50M |
| Planet A Foods | 2021 | Munich, Bayern, Germany | 11-50 | $30M | Dec 5, 2024 | $73.33M |
1. ColdSnap
- Founded: 2018
- Location: Billerica, Massachusetts, USA
- Industry: Food and Beverage
- Number of Employees: 11-50
- Last Funding Amount: $10.7M (Latest Round: September 17, 2024)
- Total Funding Amount: $82.7M
ColdSnap is an innovative food and beverage technology company revolutionizing frozen treats with its rapid-freezing system. The company has developed a unique, pod-based appliance that produces ice cream, smoothies, frozen coffee, and other frozen delights in just minutes. Designed for both commercial and home use, ColdSnap’s technology eliminates the need for refrigeration or preservatives, ensuring fresh, high-quality frozen treats on demand. With a focus on convenience, sustainability, and premium taste, ColdSnap is redefining the frozen food industry by making delicious, ready-to-enjoy treats easier than ever to access.
2. Serenity Kids
- Founded: 2016
- Location: Austin, Texas, USA
- Industry: Food and Beverage, Food Processing
- Number of Employees: 11-50
- Last Funding Amount: $52M (Latest Round: March 11, 2024)
- Total Funding Amount: $63.5M
Serenity Kids is a baby food brand dedicated to providing nutrient-dense, high-quality meals for infants and toddlers. The company focuses on ethically sourced, organic ingredients, including pasture-raised meats and organic vegetables, to support optimal growth and development. Serenity Kids aims to revolutionize the baby food industry by eliminating unnecessary fillers and sugars, ensuring each meal is packed with essential proteins and healthy fats. With a commitment to sustainability and nutrition, the company caters to health-conscious parents looking for clean, wholesome food options for their little ones.
3. Flow Alkaline Spring Water
- Founded: January 1, 2015
- Location: Toronto, Ontario, Canada
- Industry: Food and Beverage, Water, Wellness
- Number of Employees: 101-250
- Last Funding Amount: CA$1.73M (Latest Round: December 31, 2024)
- Total Funding Amount: $50.7M
Flow Alkaline Spring Water is a premium beverage brand offering naturally alkaline spring water sourced from sustainable springs. Known for its eco-friendly packaging and commitment to sustainability, Flow provides pure, mineral-rich water with a smooth taste and naturally occurring electrolytes. The brand has expanded its offerings to include flavored alkaline water infused with organic essences, catering to health-conscious consumers seeking hydration with a clean, refreshing profile. Flow’s dedication to environmental responsibility and wellness has positioned it as a leading brand in the premium bottled water industry.
4. Foodji
- Founded: 2017
- Location: Grünwald, Bayern, Germany
- Industry: Food and Beverage, Manufacturing, Vending and Concessions
- Number of Employees: 51-100
- Last Funding Amount: €25M (Latest Round: November 13, 2024)
- Total Funding Amount: $51.91M
Foodji is a smart vending machine company that revolutionizes fresh food distribution in workplaces and public spaces. By offering a curated selection of healthy, high-quality meals and snacks, Foodji combines convenience with nutrition. Its AI-powered vending machines ensure optimal product availability and freshness, catering to busy professionals and on-the-go consumers. With a focus on sustainability, Foodji minimizes food waste by using data-driven inventory management. The company’s innovative approach is shaping the future of automated food services, making fresh, nutritious meals more accessible.
5. RobinFood
- Founded: March 2018
- Location: Bogotá, Distrito Especial, Colombia
- Industry: Food and Beverage, Food Delivery, Restaurants
- Number of Employees: 501-1000
- Last Funding Amount: $4M (Latest Round: May 21, 2024)
- Total Funding Amount: $94.27M
RobinFood is a tech-driven restaurant chain revolutionizing food delivery and dining experiences in Latin America. By leveraging automation, data, and cloud kitchens, the company delivers high-quality, affordable meals at scale. With a mission to make food more accessible and sustainable, RobinFood optimizes operations for efficiency while maintaining taste and nutrition. Its innovative model allows rapid expansion and cost-effective meal production, making it a leader in the evolving food tech industry.
6. TruNativ
- Founded: 2019
- Location: Mumbai, Maharashtra, India
- Industry: Food and Beverage, Nutrition
- Number of Employees: 1-10
- Last Funding Amount: ₹100M (Latest Round: September 4, 2024)
- Total Funding Amount: ₹100M
TruNativ is a pioneering nutrition brand committed to redefining healthy living in India. By offering high-quality, clean-label nutrition products, the company aims to make wellness accessible to every household. TruNativ’s product range includes protein and fiber-enriched solutions designed for everyday consumption. With a strong emphasis on science-backed nutrition and convenience, the brand caters to health-conscious individuals looking for sustainable and effective dietary choices.
7. La Vie
- Founded: 2019
- Location: Paris, Île-de-France, France
- Industry: Food and Beverage, Food Processing, Meat and Poultry
- Number of Employees: 11-50
- Last Funding Amount: €22.97M (Latest Round: October 4, 2024)
- Total Funding Amount: €50M
La Vie is a French food-tech company revolutionizing the plant-based meat industry. Specializing in meat alternatives, La Vie focuses on creating delicious and sustainable plant-based products that replicate the taste and texture of traditional meats. With a mission to make plant-based eating more accessible, the company develops innovative food solutions without compromising on quality or flavor. La Vie is dedicated to sustainability and reducing the environmental impact of food production while delivering nutritious and flavorful alternatives.
8. GOPIZZA
- Founded: 2017
- Location: Mapo, Seoul, South Korea
- Industry: Food and Beverage, Food Delivery, Food Processing
- Number of Employees: 11-50
- Last Funding Amount: ₩13.6B (Latest Round: May 28, 2024)
- Total Funding Amount: $69.89M
GOPIZZA is a fast-growing food-tech company revolutionizing the pizza industry with its innovative single-serving pizza concept. Founded in South Korea, the company combines automation, AI-driven cooking solutions, and a unique menu to provide high-quality, freshly baked pizzas in record time. GOPIZZA’s efficient and compact store model enables quick service and consistent quality, making it a go-to choice for busy urban consumers. With a strong presence in South Korea, GOPIZZA continues to expand its footprint across international markets, aiming to redefine fast-casual dining.
9. Raiar Organicos
- Founded: 2020
- Location: São Paulo, São Paulo, Brazil
- Industry: Food and Beverage
- Number of Employees: 11-50
- Last Funding Amount: R$50M (Latest Round: April 25, 2024)
- Total Funding Amount: R$50M
Raiar Organicos is a leading Brazilian company dedicated to the production and distribution of high-quality organic food products. Established in 2020 and based in São Paulo, Brazil, the company is committed to offering a wide range of sustainable and healthy food options to consumers. Raiar Organicos aims to transform the food industry by promoting organic farming practices and providing environmentally-friendly products that support a healthier lifestyle.
10. Planet A Foods
- Founded: 2021
- Location: Munich, Bayern, Germany
- Industry: Food and Beverage, Manufacturing, Sustainability
- Number of Employees: 11-50
- Last Funding Amount: $30M (Latest Round: December 5, 2024)
- Total Funding Amount: $73.33M
Planet A Foods is a sustainability-driven food tech company focused on creating innovative, plant-based food solutions that are both environmentally friendly and delicious. Founded in 2021 and based in Munich, Germany, the company develops food products designed to reduce the environmental impact of traditional food production. With a commitment to sustainability, Planet A Foods uses advanced manufacturing techniques to produce high-quality plant-based alternatives that appeal to eco-conscious consumers.
Conclusion
The food and beverage industry is undergoing a transformation, with startups at the forefront of driving innovation and meeting the evolving demands of consumers. From plant-based alternatives and functional beverages to AI-powered vending machines and sustainable packaging, these companies are reshaping how we eat and drink. The recent funding rounds, ranging from $50M to $100M, highlight the increasing investor confidence in these game-changing brands that prioritize sustainability, health, and convenience.
As these companies continue to scale and expand, we can expect even more advancements that will enhance the way we think about food and beverage consumption. With a focus on sustainability, innovation, and consumer health, the future of food is looking brighter than ever. Whether you’re a health-conscious consumer, an eco-conscious advocate, or someone seeking convenience in everyday life, the products from these high-growth brands are likely to become a significant part of your daily routine.
FAQs
Q. What is driving innovation in the food and beverage industry?
Answer: The food and beverage industry is being driven by changing consumer preferences, sustainability efforts, advancements in food technology, and the demand for healthier, more convenient options. Companies are focusing on plant-based alternatives, functional beverages, AI-powered production, and sustainable packaging.
Q. What makes Serenity Kids different from other baby food brands?
Answer: Serenity Kids offers nutrient-dense, organic baby food made with pasture-raised meats and organic vegetables, focusing on essential proteins and healthy fats without unnecessary fillers or sugars. The brand is committed to sustainability and providing clean, wholesome food options for infants and toddlers.
Q. How are these companies contributing to sustainability?
Answer: These companies are prioritizing sustainability by using eco-friendly packaging, reducing food waste through advanced technology, promoting organic farming practices, and creating plant-based alternatives that reduce the environmental impact of traditional food production.