Pernod Ricard’s Convivialité Ventures Invests in ecoSPIRITS
Paris, 10 May 2023
Introduction
Pernod Ricard’s venture capital fund, Convivialité Ventures, has made a strategic investment in ecoSPIRITS, a technology startup that focuses on creating low carbon, low waste distribution systems for the premium wine and spirits industry. The investment comes as part of a $10 million Series A funding round that will help ecoSPIRITS further develop its innovative circular economy solutions.
About ecoSPIRITS
ecoSPIRITS is a startup that is revolutionizing the way premium wine and spirits are distributed. By creating a closed-loop system that minimizes carbon emissions and waste, ecoSPIRITS is helping to make the alcohol industry more sustainable.
Pernod Ricard’s Investment
By investing in ecoSPIRITS, Pernod Ricard is demonstrating its commitment to sustainability and innovation in the beverage industry. Convivialité Ventures sees the potential for ecoSPIRITS’ technology to significantly reduce the environmental impact of distributing wine and spirits, and is excited to be a part of this innovative solution.
Impact on Me
As a consumer, this investment means that I can feel good about choosing products from Pernod Ricard, knowing that they are making efforts to reduce their carbon footprint and minimize waste. By supporting ecoSPIRITS, I am contributing to a more sustainable future for the industry.
Impact on the World
This investment has the potential to have a significant impact on the world by reducing the environmental footprint of the wine and spirits industry. By supporting circular economy technologies like those developed by ecoSPIRITS, companies can help combat climate change and create a more sustainable future for generations to come.
Conclusion
The investment by Pernod Ricard’s Convivialité Ventures in ecoSPIRITS is a testament to the importance of sustainability and innovation in today’s business world. By supporting startups that are focused on creating a more sustainable future, companies like Pernod Ricard are leading the way towards a greener, more eco-friendly industry.
