# Fermented Sciences II

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fermented-sciences-ii

- Industry: Consumer Products
- Headquarters: Ventura, US
- Website: www.flyingembers.com
- Total disclosed funding: $43M
- Latest round: Series C (Nov 23, 2021)
- Investors on record: 7

## About

Founded in 2016 and based in California, US, Fermented Sciences, Inc. a.k.a. Flying Embers, is an innovation lab focused on transforming the alcohol industry with its products such as Flying Embers Hard Kombucha, a sparkling probiotic tea. The company's team developed a proprietary brewing process that utilizes fermentation techniques and natural ingredients to craft a range of beverages. In March 2024, JuneShine, Inc., a portfolio company of GC Capital, Cthulhu Ventures, Gaingels , Trail Post Ventures, Amberstone, Red Light Management, Litani Ventures, Villam Ventures, and InvestBev Group acquired Fermented Sciences II, Inc. from Quadrant Capital Advisors, Beechwood Capital, Monogram Capital Partners, GroundForce Capital, Ecosystem Integrity Fund and Blueberry Ventures.

The core products of Flying Embers' are its flagship hard kombucha offerings. Kombucha, a fermented tea-based drink, has gained widespread popularity in recent years for its potential health benefits and refreshing taste. In addition to its hard kombucha lineup, Flying Embers has also expanded its product range to include hard seltzers and other innovative beverage offerings. These products are designed to provide consumers with healthier and more sustainable alternatives to traditional alcoholic beverages, without compromising on taste or quality.

Flying Embers' primary revenue stream is derived from the sale of its innovative beverage products. The company distributes its products through a diverse network of retail channels, including grocery stores, specialty shops, and online platforms, reaching consumers across the United States and select international markets.

## Funding rounds

- Series C, Nov 23, 2021, $20M — Beechwood Capital, Monogram Capital Partners, Quadrant Capital Advisors, GroundForce Capital, Beam Suntory
- Series B, Sep 11, 2019, $23M — Ecosystem Integrity Fund, Monogram Capital Partners, GroundForce Capital, Blueberry Ventures

## Investors

- Ecosystem Integrity Fund (https://capitalatlas.ai/funds/ecosystem-integrity-fund) — Series B
- Monogram Capital Partners (https://capitalatlas.ai/funds/monogram-capital-partners) — Series B, Series C
- GroundForce Capital (https://capitalatlas.ai/funds/groundforce-capital) — Series B, Series C
- Blueberry Ventures (https://capitalatlas.ai/funds/blueberry-ventures) — Series B
- Beechwood Capital (https://capitalatlas.ai/funds/beechwood-capital) — Series C
- Quadrant Capital Advisors — Series C
- Beam Suntory — Series C
