Part
01
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Part
01
European Beverage Startups Details - 6
Algama and Drumshanbo Gunpowder Irish Gin both received funding for their company. Spirits of Virtue, Algama, and Temperance Spirit Company provide alcohol-free spirits or cocktails. The requested information for each company has been entered into the attached spreadsheet. A brief outline of our findings has also been provided below.
Findings
- Algama is headquartered in Evry, France and has raised €3.6 million in funding. They offer alcohol-free, plant-based drinks.
- Kuantom is headquartered in Paris, France.
- Queal is headquartered in Rotterdam, The Netherlands. They offer nutritional shakes.
- Drumshanbo Gunpowder Irish Gin is headquartered in Drumshanbo, Ireland and has raised €250,000 in funding.
- Nirvana Brewery is headquartered in London, England.
- Temperance Spirit Company is also known as Teetotal Drinks. They are headquartered in Yorkshire, England.
- Norfolk Gin is headquartered in Norfolk, England.
- Spirits of Virtue is headquartered in Glasgow, Scotland. They offer non-alcoholic spirits.
Research Strategy
We were unable to find funding information for all companies except Algama and Drumshanbo Gin. We searched for each company's financial records, as well as searched through financial databases such as Crunchbase and DealRoom, but found no mention of funding rounds for any of the companies. It was found that Nirvana Brewery started a crowd-funding request for £135,000 in 2015 for their new alcohol-free beer, but we could not find any evidence showing how much, if any, they actually received.