Monday Newsletter 08/12/24

πŸ˜‹This Week in CPG 08/12/24

NEWS

A roundup of CPG news that happened last week.

πŸ›’ Retail Rollouts

  • πŸ§‹ Twrl Milk Tea, co-founded by Pauline Ang and Olivia Chen, celebrates its third year in business with Ube and Taiwan Style Black Milk Tea now available at ALDI USA locations in California and Texas.

  • 🍦 Gallivant Mawa Ice Cream, founded by Snehee Chaplot, expands to 11 Whole Foods stores across Houston, featuring globally-inspired flavors like Indian Mango, Guatemalan Cardamom, and Spanish Saffron.

  • πŸ₯œ Munk Pack, co-founded by Michelle Glienke, expands its Nut & Seed Bars into 630 Target stores across the U.S., offering low-sugar snacks in Sea Salt Dark Chocolate and Peanut Butter Dark Chocolate varieties.

  • πŸ«’ Mesa de Vida, founded by Kirsten Helle Sandoval, introduces its globally-inspired cooking sauces to Lazy Acres Natural Market in Long Beach and Los Feliz, California.

  • 🍲 Hotpot Queen, founded by Jia Liao, is launching in 70 Fresh Thyme Market locations from August to October as part of Pod Foods' Innovation Endcap program.

πŸš€ New Product Launch

  • 🌢️ Twang, founded by Roger Trevino Sr, launches new products including Chili Lime Beer Salt, Tangy Tamarind Snack Salt, and Classic Chamoy Snack Salt, now available in Walmart and other national grocery stores.

  • 🍬 Chia Smash, founded by Anna Peck, launches Smash Bites, a new line of protein-packed, refined sugar-free snacks, now available at Whole Foods Market nationwide for the Back to School season.

🀝 Brand Partnerships

  • β˜• Blue Bottle Coffee, founded by James Freeman, partners with LUMINE to debut in Southeast Asia with a limited-time gift shop in Singapore, featuring its instant coffee and premium matcha.

  • 🌱 Atomo Coffee, co-founded by Andy Kleitsch, teams up with Bluestone Lane to introduce their beanless coffee nationwide, marking the largest market availability for the sustainable coffee alternative.

Have news to share?

PODCAST

181. Using a Line of Credit to Expand into Hundreds of Stores with Hiatus Cheesecake

Getting funding to support your business growth is the #1 concern I hear from founders. How do you get access to the financing you need to make an impact? I’ve invited on Matthew Featherstone, founder of Hiatus Cheesecake to share their story on how a line of credit from Aion Financial gave them the cashflow to fund inventory to expand into hundreds of new retailers.

Need working capital for your business? Sign up with

Aion Financial and access credit lines from  $10,000 to $5,000,000. As a special offer for the Foodbevy community, Aion is completely waiving their fee of $99/month to access credit lines.” E-mail us to get this deal: [email protected]

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About Foodbevy

Foodbevy helps food and beverage brands grow from startup to scale through inspiration, education, and partnership.

Jordan Buckner

Founder

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