Startups are receiving significant funding to offer enjoyable, alcohol-free beverage choices in social settings.
Recently, Liquid Death, a canned water company, announced a $67 million funding round at a $1.4 billion valuation. Similarly, Athletic Brewing Company, the largest non-alcoholic brewery in America, secured $50 million in funding.
Although technology may not be the primary focus for these companies, they are considered disruptive startups for their innovative approach in creating new beverage categories beyond traditional colas or craft beers.
Not Beer is another emerging startup offering sparkling water. Additionally, there are companies like Odyssey with mushroom drinks, Olipop with healthier sodas, and Lemon Perfect with lemonade alternatives, among others, that are providing alternatives to alcoholic beverages.
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