Black Woman-Owned Whiskey Brand ‘Uncle Nearest’ Projected To Reach Unicorn Status

Essence Magazine:

Credit: Andrea Hutchinson By Jasmine Browley ·Updated February 18, 2024

Uncle Nearest is on its way to unicorn status.

In December, the Black woman-owned whiskey brand raised capital for its new French subsidiary, and received more funding than it asked for. With that, the company is now valued at $900 million per a Fortune report.

As ESSENCE previously reported, last year the company gained ownership of Domaine Saint Martin, an estate that

This post first appeared in Essence Magazine. Read the original article.