Top 10 Texas CPG Deals from 2016

The Consumer Packaged Goods (CPG) Industry has experienced a lot of change in the past several years, with in-store sales stagnating, and e-commerce sales gaining impressive traction, but the future of CPG companies looks to be bright.  And with a thriving support community, and even a CPG-focused accelerator, SKU (formerly known as Incubation Station), Texas is poised to continue to push CPG growth through 2017.

In the first half of 2016, CPG online sales grew 42% across key categories compared to the first half of 2015. Each year, online sales are contributing a higher percentage to total retail sales. What’s interesting though, is that consumers don’t seem to be spending less in-store, but are simply spending more money online.

Below we have highlighted the top 10 deals in the Texas CPG & Retail industries from 2016. In this report, we find that 10 companies alone brought in about $90M in investment dollars to the Texas CPG industry last year.

 

Company 2016 Funding
Twyla $19,265,442
Snap KItchen $12,506,000
ROKA Sports $12,050,604
Tiff’s Treats $11,000,000
Charming Charlie $10,380,005
Mizzen & Main $2,999,710
Snap Drape Brands $2,325,000
Tecovas $1,798,639
The Republic Grille $1,120,000
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