Fermented Sciences secures funding to expand US footprint

Flying Embers kombucha producer Fermented Sciences has secured $25m in Series B funding to enhance its footprint in the US.

The funding round was co-led by venture capital firm Ecosystem Integrity Fund (EIF) and PowerPlant Ventures, with Blueberry Ventures and Monogram Capital Partners serving as participating investors.

Fermented Sciences founder Bill Moses said: “We are thrilled to be working closely with PowerPlant and EIF to help us grow and meet demand. The capital will fuel our innovation as we continue to position Fermented Sciences as the leader in ‘better for you’ alcohol offerings.”

The funding will allow the company to expand its presence across the US market and also allow it to make investments to create new ‘better for you’ alcohol beverage lines.

Additionally, more than 70 distributors across 30 states have signed on for distribution deals with the company.

With an alcohol by volume (ABV) ranging between 4.5 and 7.5%, Flying Embers is a hand-crafted, hard kombucha beverage, brewed in an adaptogen root blend with live probiotics.

The drink is organic, sugar-free and gluten-free, available in ancient berry, grapefruit thyme, lemon orchard, pineapple chilli, ginger & oak and black cherry flavours.

Ecosystem Integrity Fund managing partner Devin Whatley said: “EIF is excited to help Flying Embers continue to provide more consumers with healthier and more interesting options in the alcoholic beverages category.

“Fermented Sciences is an energetic startup brand that is poised to disrupt the beverage industry in a big way.”

For the transaction, Whipstitch Capital served as exclusive financial adviser to Fermented Sciences.