functional beverages

CIBO express store in an airport

Functional Energy Drinks Make Their Way Into US Airports

Odyssey, a mushroom-powered functional energy drink brand, is coming to U.S. airports including JFK, LaGuardia and Chicago O'Hare.

Lucky Energy Raises $25M, Adds Beverage Heavyweights to Board

Lucky Energy has raised $25 million in Series B funding to accelerate its national rollout and compete in the clean energy drink market.

Calming Beverage Brand Trip Raises $40M Amid Functional Drink Craze

Trip, the calming beverage brand backed by Joe Jonas, Ashley Graham and others, has raised $40 million at a $300 million valuation.

Recess Raises $30M Amid Functional Beverage Boom, Taps Ex-Nutrabolt Exec

Recess, a pioneer in the relaxation beverage space, raised $30M in Series B funding and named former Nutrabolt exec Kyle Thomas as co-CEO.

Temple Lifestyle Brands Acquires Rise Kombucha

Temple Lifestyle Brands acquires Rise Kombucha as functional drinks surge globally, as demand grows for better-for-you beverages.

everyday dose coffee bag

Everyday Dose Expands Into Target, Bringing Functional Coffee to the Masses

Everyday Dose brings its jitter-free, functional coffee blends to over 1,500 Target stores nationwide, offering a daily brew that supports focus, energy and gut health.

Generous Brands Acquires Kombucha Leader Health-Ade in Reported $500M Deal

Generous Brands has acquired kombucha maker Health-Ade, adding the gut-health leader to its nearly $1B beverage portfolio.

PHX Hydration Energy

Dave Portnoy-Backed New Functional Beverage PHX Combines Hydration & Energy in One Drink

PHX targets those seeking both performance and convenience in a single can with 700mg of electrolytes, 200mg of caffeine and daily vitamins.

young people toasting

This Is What Gen Z’s Happy Hour Looks Like Now

Gen Z is driving a functional beverage boom, trading traditional drinks for kombucha, protein shakes and adaptogenic teas.

Celsius and Alani Nu cans

Celsius Finalizes Alani Nu Acquisition

Celsius has finalized its deal to acquire Alani Nu in a $1.8B deal as energy drinks go mainstream and brands tap into the booming market.