Partake Brewing Raises $16.5M in Series B Funding

partake-brewing

Partake Brewing, a Calgary, Alberta-based non-alcoholic beer brand, raised $16.5M in Series B funding.

The round was led by PowerPlant Partners and Amberstone, with participation from CircleUp Growth Partners, Barrel Ventures and McLean & Associates.

The company intends to use the funds to continue for continued growth in the U.S. and Canadian markets.

Led by CEO Ted Fleming, Partake Brewing offers 10-30 calorie, non-alcoholic beer. The company currently offers PALE, IPA, BLONDE, RED, DARK (U.S.), STOUT (Canada), PEACH GOSE and limited seasonal editions including RADLER, LIME as well as the newly released HAZY IPA.

The brand now plans to extend their regional teams, including key leadership roles to further shape growth and craft limited releases to add to its range of beer offerings.

FinSMEs

07/03/2022