Sectors

Food & Beverage

Private financing across Food & Beverage, aggregated from public sources.

$3.8B
Capital raised
567
Companies
723
Rounds
2009
First on record
2026-02-24
Latest round

Accelerating Food & Beverage drew $288.6M over the last 12 months, up 29% versus the prior 12 ($224.0M). Of 349 companies rankable against same-niche peers, 28% model over-valued and 29% under-valued.

Capital flow over time

Quarterly capital raised across Food & Beverage.

2009-Q3 · $1.4M2009-Q32010-Q2 · $1.3M2010-Q4 · $2.8M2011-Q2 · $1.1M2011-Q3 · $7.6M2011-Q4 · $937K2012-Q1 · $300K2012-Q12012-Q2 · $4.3M2012-Q3 · $2.9M2012-Q4 · $10.8M2013-Q1 · $815K2013-Q2 · $4.0M2013-Q3 · $18.5M2013-Q32013-Q4 · $2.5M2014-Q1 · $6.2M2014-Q2 · $5.2M2014-Q3 · $7.6M2014-Q4 · $43.3M2015-Q1 · $11.6M2015-Q12015-Q2 · $1.3M2015-Q3 · $10.1M2015-Q4 · $14.7M2016-Q1 · $1.6M2016-Q2 · $6.4M2016-Q3 · $30.1M2016-Q32016-Q4 · $51.3M2017-Q1 · $27.7M2017-Q2 · $87.9M2017-Q3 · $61.9M2017-Q4 · $35.2M2018-Q1 · $45.2M2018-Q12018-Q2 · $51.4M2018-Q3 · $79.5M2018-Q4 · $391.8M2019-Q1 · $32.5M2019-Q2 · $58.5M2019-Q3 · $79.5M2019-Q32019-Q4 · $21.3M2020-Q1 · $68.3M2020-Q2 · $71.3M2020-Q3 · $38.1M2020-Q4 · $66.9M2021-Q1 · $91.2M2021-Q12021-Q2 · $120.5M2021-Q3 · $162.7M2021-Q4 · $32.9M2022-Q1 · $49.5M2022-Q2 · $280.8M2022-Q3 · $28.6M2022-Q32022-Q4 · $152.7M2023-Q1 · $26.8M2023-Q2 · $592.1M2023-Q3 · $15.3M2023-Q4 · $61.8M2024-Q1 · $39.5M2024-Q12024-Q2 · $132.1M2024-Q3 · $82.8M2024-Q4 · $42.6M2025-Q1 · $52.2M2025-Q2 · $46.4M2025-Q3 · $253.9M2025-Q32025-Q4 · $25.2M2026-Q1 · $9.5M
Median round size by stage
StageMedian roundRounds
Growth/Late$500.0M1
Series D+$223.8M3
Series C$36.7M16
Series B$19.7M35
Series A$5.0M122
Seed$1.5M208
Pre-Seed$411K338
Top-funded companies
CompanyStageRaisedModeled value
Clarion Beverage Assets Funds, LP
HOUSTON
Growth/Late$500.0M$6.5B
Zume Pizza, Inc.
MOUNTAIN VIEW
Series D+$445.7M$6.5B
Seafood Kitchen Holdings, LLC
NEW YORK
Series D+$167.5M$2.2B
Heritage Distilling Holding Company, Inc.
GIG HARBOR
Series D+$256.7M$1.8B
Virtual Kitchen Co.
South San Francisco
Series C$100.2M$875.9M
Casa Azul Spirits, LLC
Manhattan Beach
Series C$58.1M$819.2M
Restaurant Private I, Inc
GREENFIELD
Series B$40.0M$664.6M
Pearl Inc.
West Hollywood
Series C$91.3M$625.7M
Heaven's Door Spirits, LLC
CHICAGO
Series B$33.8M$561.5M
Athletic Brewing Holding Co LLC
Milford
Series C$264.7M$517.6M
Athletic Brewing Co LLC
STRATFORD
Series B$40.5M$458.2M
Nelson's Green Brier Distillery, LLC
NASHVILLE
Series B$22.2M$332.4M
High Brew Coffee, Inc.
AUSTIN
Series B$47.2M$328.1M
Spirits Global Inc.
NEWPORT BEACH
Series B$40.7M$285.2M
CafeX Communications Inc.
New York
Series B$47.8M$268.2M
PB Spirits OPCO, LLC
CHICAGO
Series C$23.4M$244.8M
MM Pizza Upper Holdings, LLC
NEWPORT BEACH
Series B$21.0M$235.4M
Rebecca Creek Distillery, LLC
SAN ANTONIO
Series A$15.3M$227.0M
Elite Beverage International, Inc.
ANAHEIM
Series B$20.0M$198.5M
Feast Kitchen Inc.
Santa Barbara
Series B$32.6M$198.4M
Related sectors

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Food & Beverage sector raised?
Companies in Food & Beverage have raised approximately $3.8B across 723 recorded financing rounds among 567 companies, aggregated from public sources.
Is Food & Beverage venture funding growing?
Food & Beverage funding is currently accelerating: capital raised over the last 12 months was up 29% versus the prior 12 months.
What is the typical round size in Food & Beverage?
Median disclosed round sizes in Food & Beverage by stage are: Growth/Late $500.0M, Series D+ $223.8M, Series C $36.7M, Series B $19.7M. These are medians across recorded rounds, not averages.
Which are the most-funded Food & Beverage companies?
The most-funded Food & Beverage companies in our coverage include Clarion Beverage Assets Funds, LP, Zume Pizza, Inc., Seafood Kitchen Holdings, LLC, Heritage Distilling Holding Company, Inc., Virtual Kitchen Co.. See the full ranked table for disclosed capital and modeled valuations.
When did Food & Beverage funding activity begin in this data?
The earliest recorded Food & Beverage financing in our coverage dates to 2009, with the most recent round around 2026-02-24.
Food & Beverage venture funding — $3.8B raised · Provath