# Ava Food Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ava-food-labs

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Website: www.endlesswest.com
- Total disclosed funding: $76M
- Latest round: Series C (Nov 4, 2021)
- Investors on record: 9

## About

Based in California, US, and founded in 2015 by Alec Lee and Mardonn Chua, Ava Food Labs, Inc., d.b.a. Endless West is a beverage technology company that uses scientific methods to create its blend of spirits. In April 2021, Ava Food Labs, Inc. raised USD 21 million in a Series B funding from Litani Ventures, North East Family Office with participation from Horizon Ventures and SOSV. The company has raised a total of USD 42.3 million in funding. Alec Lee is the CEO of Ava Food Labs, Inc.

Ava Food Labs, Inc. offers molecular exclusive sprits, such as Gemello, and Kazoku. Gemello is a molecular spirit inspired by Moscato d’Asti wines created without grapes, containing zero pesticides or sulfites. Kazoku is a molecular spirit inspired by Japanese sakes, made without rice. In addition, the company also offers bespoke alcohol solutions, lightning-fast, through its one-stop-shop commercial alcohol producer Blank Collective.

Ava Food Labs, Inc. generates revenue from the sale of its products through major bars, restaurants in the US and on its website.

Ava Food Labs, Inc. plans to use its proceeds from April 2021 funding to accelerate technology development and R&D, as well as U.S. distribution for its suite of products. In addition, the company plans to release its fourth new house brand.

## Funding rounds

- Series C, Nov 4, 2021, $66M — SOSV, Horizons Ventures, Casa Verde Capital, Level One Fund, UBS O'Connor Capital Solutions, Bloom8
- Series A, May 30, 2018 — SOSV
- Series A, Apr 30, 2018 — SOSV, IndieBio
- Series A, Dec 21, 2017, $7M — FJ Labs
- Seed, Aug 5, 2016, $2.7M — SOSV, Collaborative Fund, Horizons Ventures, IndieBio

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A, Series C
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Horizons Ventures — Seed, Series C
- IndieBio (https://capitalatlas.ai/funds/indiebio) — Seed, Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- Casa Verde Capital (https://capitalatlas.ai/funds/casa-verde-capital) — Series C
- Level One Fund (https://capitalatlas.ai/funds/level-one-fund) — Series C
- UBS O'Connor Capital Solutions — Series C
- Bloom8 (https://capitalatlas.ai/funds/bloom8) — Series C