Partake Brewing: Raises $16.5M in Series B Funding

Partake Brewing Raises $16.5M in Series B Funding

• 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, PartakeBrewing 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
• 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