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Agave spirits producer Wild Common has secured $5 million in Series A funding from HIPstr, the early-stage investment arm of private investment firm HighPost Capital.
The funding will support Wild Common's expansion into new markets, bolster its team, enhance its agave spirits and capitalise on the growing tequila market.
Founded by Andy Bardon in 2021, Wild Common sources its agave from Mexico's volcanic soil, where it is hand-harvested and slow-roasted in small batches before being expertly distilled and bottled on-site.
Andy Bardon, founder and CEO of Wild Common, said: “Wild Common’s mission is to bring people together to share moments – and exceptional tequila. Wild Common started its journey in Jalisco, where I met the Rosales family, whose traditions in the area date back to 1904, and collaborated to seek to create the finest expression of tequila possible."
"We are excited to partner with HIPstr, whose team has a proven track record of building leading consumer businesses as we enter our next phase of growth.”
David Moross, chairman and CEO of HighPost, said, “We are thrilled to support Wild Common, which is committed to crafting its world-class agave-based spirits the right way. The tequila and broader agave-based market continue to grow at a strong clip, and I am a firm believer in the business Andy Bardon and his team have built."
"We look forward to helping Wild Common continue to enhance its lineup of high-quality agave spirits and capitalize on what is a highly attractive market for growth.”
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