What is Noble Cider?
Noble Cider, recognized as Asheville, North Carolina's first cidery, specializes in the production of craft cider and mead utilizing locally sourced apples and honey. The company distinguishes itself by offering a broad spectrum of hard ciders, ranging from traditional formulations to contemporary American styles, all produced without the use of artificial additives. Its downtown Asheville taproom and restaurant serve as a central hub for customers to experience their diverse product line and enjoy a unique culinary offering. A core tenet of Noble Cider's operation is its commitment to supporting local agriculture and community initiatives, ensuring the authenticity and freshness of its offerings.
How much funding has Noble Cider raised?
Noble Cider has raised a total of $160K across 1 funding round:
Debt
$160K
Debt (2021): $160K with participation from PPP
What's next for Noble Cider?
The substantial large-scale late-stage funding indicates Noble Cider is poised for significant expansion and market penetration. This strategic capital infusion is likely to fuel initiatives such as scaling production capacity, enhancing distribution networks, and potentially developing new product lines or exploring market diversification. The company's focus on local sourcing and community engagement, combined with this recent investment, positions it for sustained growth and a strengthened competitive advantage within the craft cider and mead industry.
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