Some of the new venture-backed beverage startups are hoping to upend the industry by creating new drink categories. © 2024 TechCrunch. All rights reserved. For personal use only.
Hangovers suck. Especially so for those who felt pressured to drink the alcohol that inevitably caused the hangover to begin with. Drinking is slowly starting to fall out of fad, especially among younger generations. According to 2022 Gallup polling, 60% of adult Americans drink alcohol. This is down from 65% in 2019, and while 5%…
Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm of PT Telcom Indonesia Tbk, the largest telecom conglomerate in Indonesia. It included participation from Sinar Mas Digital Ventures…
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