FUNDING PERKS UP BRISBANE BEVERAGE

Written on the 15 April 2016

FUNDING PERKS UP BRISBANE BEVERAGE

A BRISBANE invention is set to shake up Australia's beverage industry after securing investment.

PERKii packs a probiotic punch with one billion live bacteria to aid digestive health, using world-first technology developed by scientists at the University of Queensland.

Scientist Bhesh Bhandari created Progel technology to produce microgels on a commercial scale. The microgels protect the probiotics as they travel to the lower digestive system.

Uniseed, UniQuest, Brisbane Angels and a number of high net worth investors have come on board to support the national launch.

PERKii CEO Randy Milne says the company is pleased to align with investors committed to delivering a healthy beverage to Australian consumers.

"We are excited and extremely proud to be associated with this calibre of investor," Milne says.

"Their experience and ability to grow successful companies is evident and we are sure PERKii will continue to grow and achieve new successes with the support of this group."

The former national business manager at Coca-Cola Amatil has been guiding the company through a trial period at Brisbane and the Sunshine Coast since September.

"During this trial period, PERKii has received a lot of positive feedback from outlets and customers looking for a delicious, low calorie, lactose-free probiotic drink that targets the digestive system," Milne says.

PERKii is 85 per cent water-based, uses natural flavours, has 26 calories and just one and a half teaspoons of sugar from apples. Flavours include pomegranate and raspberry, lime and coconut and green tea and elderflower.

The drink is available nationally from Caltex Woolworths and convenience sites, as well as Woolworths Bondi and Surry Hills.

Production commenced earlier this year at Mudgee-based facility Bevco.

 


Latest News

STAFF CHURN BLAMED FOR MCGRATH EARNINGS DOWNGRADE

MCGRATH will fail to meet earnings forecasts after some of its star real estate agents defected to growing Perth firm...

MCBAIN RESIGNS AS BELLAMY'S DIRECTOR WHILE THIRD CLASS ACTION MOVES CLOSER TO SECURING FUNDING

LAURA McBain (pictured) has resigned as a director of Bellamy's Organic (ASX: BAL) today, effective immediatel...

REDBUBBLE TO MISS IPO FORECASTS

REDBUBBLE, the online marketplace for independent artists, will miss a series of forecasts set out in its IPO in its ...

BLUESCOPE CONTINUES STRONG RUN WITH GUIDANCE UPGRADE

BLUESCOPE Steel (ASX: BSL) is trading up 7.51 per cent at $11.16 per share after upgrading its half-year guidance thi...

Related News

CARSALES CEO RETIRES AS NEW COMPETITOR COX FINALISES MERGER

CARSALES will have a new CEO as it takes on a fresh challenger to its crown as the dominant online car sales portal i...

BUSINESS CONFIDENCE AT A SIX-YEAR HIGH

SMALL and medium businesses have entered 2017 with their confidence at a six-year high, building on strong gains m...

CONSUMERS PESSIMISTIC ENTERING 2017

CONSUMER confidence remains at its weakest point since April 2016, according to the latest Westpac Melbourne Institut...

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter