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Brewing Craft Beer Food and Beverage North America

Athletic Brewing Company Lands $50M

– Athletic Brewing Company, the leading non-alcoholic brewer in the U.S., has closed a $50m funding round.
– The round was led by their long-time investors and board members Alliance Consumer Growth and TRB Advisors.
– Also participating were athletes, entrepreneurs, and celebrity investors Blake Mycoskie, David Chang, Lance Armstrong, Darren Rovell, Justin Tuck, and multiple-time NFL Defensive Player of the Year JJ Watt.

Source
Brewing Craft Beer Food and Beverage North America

Athletic Brewing Company Receives $50 Million in Funding as They Redefine the Industry’s Fastest-growing Segment and Expand Beer-drinking Occasions

– Athletic Brewing Company announced that they’ve closed a $50m funding round.
– The round was led by their long-time investors and board members Alliance Consumer Growth and TRB Advisors. Also participating were athletes, entrepreneurs, and celebrity investors Blake Mycoskie, David Chang, Lance Armstrong, Darren Rovell, Justin Tuck, and multiple-time NFL Defensive Player of the Year JJ Watt.
– The company will use the capital to fuel a major investment in a larger east coast brewery less than a year after the opening of their 150,000-barrel brewery in San Diego.
– Athletic now employs over 150 people in 32 states and D.C.
– They also plan to expand existing, new, and developing partnerships to connect with its consumer community.

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