Partake Brewing Introduces New Brew and Secures $16.5M USD in Series B Funding

Leading non-alcoholic beer brand, Partake Brewing has raised $16.5 Million USD in Series B round of funding, led by US based investors PowerPlant Partners and Amberstone. This investment signifies a tremendous success for a non-alcoholic (NA) beer brand, as Partake continues to grow and expand into international markets.   

This new funding will help take Partake to new levels, building brand awareness and consumer love in both US and Canadian markets, and increasing availability for an ever-growing consumer base eager to drink less alcohol and embrace a healthier lifestyle. Partake plans to distribute the funding through expanding its retail presence to land on more shelves and hit new markets and by extending its regional teams to further shape growth.  

Partake is also planning to leverage this investment and lean in on innovation through crafting exciting and unique limited releases, such as the latest addition to its collection: Hazy IPA.

This newest limited-edition brew is bursting with flavour, featuring juicy notes of apricot, mango and berries while remaining low on bitterness.   

Partake Brewing has been booming growth in the non-alcoholic beer category since its debut in 2017. This Series B follows the brand’s initial round in 2020, where they raised $4 Million USD.