Swiss Water Decaffeinated Coffee Inc. plans to invest CAD $6.2 million (approx. $4.5 million) in an expansion of its Delta, British Columbia.

Abu Dhabi sovereign wealth fund Mubadala is investing in Luckin Coffee as part of a transaction valued at around $1 billion.

Atmospheric water generation company A1R Water has completed its merger with Inflection Point Acquisition Corp III, paving the way for its Nasdaq debut.

Indian coffee equipment and services provider Kaapi Machines has secured an equity investment of INR 500 million (approx. $5.3 million) from B2B hospitality solutions company Sedna Horeca.

Damm UK has acquired a stake in London-based Dalston’s Soda Co, making the soft drinks producer the first non-beer partner to join its Accelerator Programme at the Damm Eagle Brewery in Bedford.

Canadian superfood brand Organic Traditions has secured $10.5 million (CAD 15 million) in Series A funding to accelerate its expansion across North America.

Milo's Tea Company has expanded its operations in Alabama, US, with the opening of a 150,000-square-foot refrigerated distribution centre off Lakeshore Parkway in Birmingham.

Suntory PepsiCo Vietnam Beverage has inaugurated its ‘largest and most advanced’ manufacturing facility in Asia, located in Tay Ninh, Vietnam.

Nestlé is investing CHF 563 million (approx. $696 million) into building a new Nescafé production facility in Thailand.

Suntory Beverage & Food (SBF) GB&I has invested £14.5 million in a new blackcurrant processing facility in Herefordshire, as part of efforts to strengthen its UK supply chain for Ribena production.

Diamond Brew, a US coffee start-up specialising in shelf-stable, machine-free coffee pods, has closed an oversubscribed pre-seed funding round.

The Ryl Company, maker of the rapidly growing ready-to-drink iced tea brand Ryl Tea, has closed a $20 million Series C growth equity financing round.