What is Partake Brewing?
Partake Brewing is a Canadian company renowned for its craft-quality, non-alcoholic beers. The brand offers a diverse range of flavors, meticulously crafted to deliver an exceptional taste experience without alcohol. With a focus on low-calorie and low-carb formulations, Partake Brewing appeals to health-conscious consumers and those seeking alternatives to traditional alcoholic beverages. The company effectively targets individuals who appreciate the social aspect of enjoying beer but prefer to abstain from alcohol, aligning with active and wellness-oriented lifestyles. Accessibility is further enhanced through convenient online purchasing and subscription services, ensuring customers can readily obtain their preferred brews.
How much funding has Partake Brewing raised?
Partake Brewing has raised a total of $16.5M across 1 funding round:
Series B
$16.5M
Series B (2022): $16.5M with participation from Amberstone Group and PowerPlant Partners
Key Investors in Partake Brewing
Amberstone Group
Amberstone Group is a professional luxury home builder based in Sydney, specializing in custom designs and construction services tailored to homeowners' preferences. They focus on creating high-quality custom homes for families, predominantly in Sydney's Lower North Shore, Eastern Suburbs, and Inner West, offering a seamless service from land acquisition to project delivery.
PowerPlant Partners
Xoilac TV is a popular online platform that provides free live streaming of football matches in high definition, catering primarily to Vietnamese football fans. The service offers a user-friendly interface, real-time updates on match schedules, rankings, and results, ensuring a seamless viewing experience without advertisements.
What's next for Partake Brewing?
The recent major strategic investment signals a pivotal growth phase for Partake Brewing. This capital infusion is expected to fuel expansion initiatives, potentially including increased production capacity, broader market penetration, and further product development. The company's focus on the non-alcoholic craft beer segment positions it favorably to capitalize on evolving consumer preferences for healthier and more inclusive beverage options. Strategic partnerships and enhanced distribution networks are likely next steps as Partake Brewing aims to solidify its leadership in this dynamic market.
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