The United States Of Food
The United States of Food: The Most Well-Funded Food & Beverage Startups in Each State
While tech startups have always been concentrated in Silicon Valley, new food and beverage companies are a little more diffused. Alternative hotspots have sprung up — Colorado, for example, due in part to the influence of Colorado-based food investors such as Boulder Food Group and Boulder Investment Group Reprise (BIGR).
New York is host to the most well-funded company on our map: All Market, the company behind the coconut water brand Vita Coco. All Market has a long fundraising history, starting with a seed round back in 2006, and progressing to a $165M investment in 2014 by the Reignwood Group (the parent company of Red Bull China) which valued All Market at $665M. Overall, All Market has raised $208M. California ranks second, with its most well-funded startup, cold-pressed juice brand Suja Juice, having raised $196M.