Constellation Ventures

Constellation Ventures is the corporate venture capital arm of Constellation Brands (NYSE: STZ), a Fortune 500 company and one of the world's largest producers of beer, wine, and spirits — whose brands include Corona, Modelo, Kim Crawford, and Robert Mondavi. Founded in 2018 and based in Rochester, New York, the fund invests in innovative concepts and emerging categories within and adjacent to beverage alcohol, partnering with founders and brands driving transformation across the industry. The fund has approximately 14 investments across seed through Series B stages. Constellation Ventures deploys checks of $3 million to $50 million, focusing on beverage innovation, premiumization trends, and the rapidly growing non-alcoholic alternatives category. Recent portfolio additions include Hiyo, a non-alcoholic functional tonic featuring adaptogens and nootropics, and TÖST, a non-alcoholic sparkling beverage brand. A strategic partnership with The Coca-Cola Company, announced in January 2022, extends the fund's commercial reach further. The fund has also forged commitments to back female founders and minority-led businesses, with $100 million pledged to each program. For portfolio companies, the relationship with Constellation Brands provides access to one of the industry's most powerful distribution networks, retail shelf relationships, and brand-building expertise. This strategic infrastructure makes Constellation Ventures a particularly consequential investor for founders who need to navigate the complex logistics and retail dynamics of scaling consumer beverage brands.