Health-Ade, the maker of a fast-growing brand of organic kombucha drinks, has raised $7 million from CAVU Venture Partners, a recently launched fund focused on investment and incubation in healthy food and beverage companies. Health-Ade co-founder Justin Trout told BevNET that the funding will be used primarily for the build-out of a new 20,000 sq. ft. production facility in Torrance, Calif.
The deal represents the second major financing round for Health-Ade, which was founded four years ago by husband and wife team Justin and Daina Trout,…
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