KeVita

a sparkling probiotic drink platform (owned by PepsiCo) built on water-kefir and tea-ferment cultures, pairing live cultures with a clean-label carbonated format.

Country
United States
Commercial Sparkling probiotic water (PepsiCo); water-kefir/tea-ferment cultures us
Coverage
CNEUINUS
food-alt-protein
Regulatorsfdaefsamoa-china

Verifiable facts

FactValueSource
Funding$6 million in total funding across multiple rounds, with the latest being a Series D round in 2014 before the company's acquisition by PepsiCo in 2016prnewswire.com
Capacity160,000 bottles per day at its Oxnard facilitylatimes.com
CertificationCertified organic, non-GMO, gluten-free, vegan, and kosherpepsico.com · prnewswire.com
Regulatory approvalThe company's acquisition by PepsiCo was subject to customary regulatory approval, which was completed following the agreement announced in November 2016bevnet.com · pepsico.com
Production siteOxnard, California (57,000-square-foot facility)latimes.com · pepsico.com
RevenueReported $24 million annually at one time, with projected revenue of $80-$100 million in 2016; post-acquisition revenue is consolidated within PepsiCo's reportsbevnet.com

Independent sources: bevnet.com · latimes.com · pepsico.com · prnewswire.com

Technologies
NameClusterRisk
Living-culture beverages beyond kombuchafood-alt-proteinLow

Compiled by BIOECON from primary sources.

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