Next Century Spirits, a Raleigh, N.C.-based spirits technology company, closed a $6m Series C funding round.
The round was led by Blue Hill Group, a private equity firm based in Chapel Hill.
The company intends to use the funds to expand staffing and production infrastructure for a wide range of spirits.
Led by Scott Bolin, CEO, Next Century Spirits offers blending expertise to support private brands or labels and bulk suppliers interested in producing customized spirits concepts through its patented post-distillation finishing and filtering technology. The company formulates, blends, and finishes custom-made spirits for distillers and brand owners around the world. The patented post-distillation finishing and filtering technology allows both existing brands and new market entrants to expand their repertoire of taste profiles, improve consistency, and raise overall quality in an economical manner.
FinSMEs
16/07/2020