Organic beverage co., Adina For Life, raises $5M
Adina For Life, a San Francisco organic recipe beverage company has raised $5 million in a second round of funding from the Keiretsu Forum, a group of angel investors.
Adina For Life will use to money to promote its brand with music and mobile media, the companies said in a statement. Its chief exec, Greg Steltenpohl, founded Odwalla Juice: “What took us 20 years to build at Odwalla we hope we can do at Adina in six or seven,” he said in the statement.
Next Story: Gentiae, cardiac services co., raises $16M
Previous Story: Gutsy venture firm New Enterprise Associates brings home results
