About Balcones Distilling
Balcones Distilling is a company based in Waco (United States) founded in 2008 by Chip Tate was acquired by Diageo in November 2022.. Balcones Distilling offers products and services including Texas 1 Single Malt Whisky, Baby Blue Straight Corn Whisky, Texas Rye Whisky, Brimstone Smoked Whisky, and Cataleja Texas Single Malt Whisky. Balcones Distilling operates in a competitive market with competitors including Diageo, Constellation Brands, Brown-Forman, Q Mixers and Ole Smoky, among others.
- Headquarter Waco, United States
- Founders Chip Tate
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Sectors
Consumer
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Email
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Website
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Products & Services of Balcones Distilling
Balcones Distilling offers a comprehensive portfolio of products and services, including Texas 1 Single Malt Whisky, Baby Blue Straight Corn Whisky, Texas Rye Whisky, Brimstone Smoked Whisky, and Cataleja Texas Single Malt Whisky. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium single malt whisky made in Texas with local grains.
Straight corn whisky highlighting Texas flavors and craftsmanship.
100% rye whisky produced using traditional distilling methods.
Smoked whisky offering a unique, bold taste profile.
Limited-release single malt with distinctive Texas characteristics.
Funding Insights of Balcones Distilling
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Balcones Distilling
Balcones Distilling has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Diageo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multi-category alcoholic beverage company
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Balcones Distilling
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Balcones Distilling
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Balcones Distilling Comparisons
Competitors of Balcones Distilling
Balcones Distilling operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Diageo, Constellation Brands, Brown-Forman, Q Mixers and Ole Smoky, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category alcoholic beverage company
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Multi-category alcoholic beverage company
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Alcoholic beverages are manufactured and marketed worldwide by Brown-Forman.
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Brand of alcoholic beverages
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Whiskey brands are produced and distributed by Ole Smoky.
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Whiskey is produced and distributed under the Heaven's Door brand.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Balcones Distilling
Frequently Asked Questions about Balcones Distilling
When was Balcones Distilling founded?
Balcones Distilling was founded in 2008.
Where is Balcones Distilling located?
Balcones Distilling is headquartered in Waco, United States. It is registered at Waco, Texas, United States.
What does Balcones Distilling do?
Balcones Distilling was established in 2008 by founder Chip Tate in Waco, United States. Operations focus on the production of craft whiskeys within the spirits industry. Various whiskey expressions are crafted using local ingredients and traditional methods at the facility in central Texas. Distribution occurs nationally and internationally through established channels, with emphasis on quality control and barrel aging processes.
Who are the top competitors of Balcones Distilling?
Balcones Distilling's top competitors include Diageo, Brown-Forman and Constellation Brands.
What products or services does Balcones Distilling offer?
Balcones Distilling offers Texas 1 Single Malt Whisky, Baby Blue Straight Corn Whisky, Texas Rye Whisky, Brimstone Smoked Whisky, and Cataleja Texas Single Malt Whisky.
Who are Balcones Distilling's investors?
Balcones Distilling has 1 investor. Key investors include Diageo.