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88°
Wednesday, jun 10
Tag:
Shark Tank
Business
PepsiCo Buys Poppi For $1.95B As Prebiotic Soda Industry Heats Up
PepsiCo is making a nearly two-billion-dollar bet on the future of soda. Pepsi said it will acquire Poppi, a fast-growing prebiotic soda brand, the company said in a news release on Monday, Mar. 17. The $1.95 billion deal aims to strengthen Pepsi's push into health-focused beverages. The Texas-based brand, founded by husband-and-wife duo Allison and Stephen Ellsworth, skyrocketed in popularity after landing an investment on the TV show "Shark Tank". With its mix of prebiotics, fruit juice, and apple cider vinegar, Poppi has built a loyal following as a low-calorie alternative to tradit…
Business
'Shark Tank' Looking For Next Big Investment: Here's How You Can Pitch In Philly
Innovators, it’s time to sink or swim with the Sharks in the Fishtown section of Philadelphia. The hit ABC television show "Shark Tank" will hold an open casting call in Philly on Friday, Apr. 11. The Emmy-winning program will host it at The Event Center at Rivers Philadelphia, in partnership with Philly's ABC affiliate WPVI-TV. This will be the first "Shark Tank" casting call in the city since 2017. "We’re eager to return to Philly after so many years to see how the entrepreneur community has grown," said Mindy Zemrak, the supervising casting producer since the show debuted in 2…
Business
'We're Bringing The Party:' Maryland's Vegan Visionaries Keep The Mushroom Magic Rolling
The brains behind some of Maryland's favorite vegan fare are looking to hit the road. Husband-and-wife combo Marvin and Aleah Montague, the owners/founders of Meat the Mushroom and, now, Swap Out The Swine are seeking their customers' assistance as they attempt to raise the cash to purchase a food truck and take their life-altering menu across the DMV region. The couple's companies began first as a manufacturing operation, shipping mushroom-based products to grocery stores and restaurants for the past four years - highlighted by their calling card, the "Shroomacon," a bacon-esque product th…