CPG Week: Nutrabolt in Bloom and Money For Magic Mind
In this episode:
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss recent investments in Bloom Nutrition, Tost and Magic Mind, plus meal kit makeovers and marathon-friendly food and beverage brands.
Show Highlights:
0:15 – Nutrabolt has taken a majority stake in Bloom Nutrition, strengthening its position in categories including energy drinks and powdered supplements. Monica digs into the terms of the deal.
2:30 – Booze-free trailblazer Tost has secured over $1 million in bridge funding as it grows its distribution and targets on-premise opportunities with a new canned format.
5:05 – The meal kit market is in transition. Monica explains how Factor and Blue Apron are repositioning for today’s consumer needs.
6:40 – Magic Mind has raised $12.4 million of a nearly $16 million Series A round led by BFG Partners. Lukas breaks down what’s next for the wellness shot brand.
8:25 – Liquid Death goes up to 11, and a shoutout to runner-friendly food and beverage brands.
About CPG Week
CPG Week is the podcast that explores the latest happenings in the consumer packaged goods industry. Join our seasoned reporting team as they dish out the week’s stories in quick, easy-to-digest episodes. Catch up on the top headlines of the week, dive into exclusive insights with the BevNET and Nosh teams, and set yourself up to make more informed business decisions. Tune in to stay up-to-date on the latest developments in the dynamic world of packaged food and beverage.
New episodes are released every week. Send us comments and suggestions anytime to cpgweek@nosh.com.
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