CT BUSINESSES

Two Connecticut Companies Recognized Among World's Most Innovative

19 March 2025

Connecticut is making waves on the global innovation stage. Two local companies—Budderfly of Shelton and Athletic Brewing Co. of Milford—have been named to Fast Company's 2025 list of the World's 50 Most Innovative Companies.

Budderfly: Revolutionizing Energy Management

Ranked at No. 25, Budderfly stands out for its unique approach to energy efficiency. The company takes over customers' utility bills, implements AI-driven monitoring systems, and finances facility upgrades. Their services include the installation of solar carports, EV chargers, and advanced HVAC systems. With a client portfolio featuring McDonald's, Applebee's, and Orangetheory Fitness, Budderfly has surpassed $200 million in annual recurring revenue.

Athletic Brewing Co.: Leading the Nonalcoholic Beer Market

Coming in at No. 32, Athletic Brewing Co. is redefining the beverage industry with its nonalcoholic craft beers. Operating facilities in Milford and San Diego, the company has achieved over $130 million in sales and is expanding its production capacity to meet growing demand. Athletic Brewing is now America's largest nonalcoholic beer producer, holding approximately 20% of the market share.

Broader Recognition

Both companies also earned spots on the 2024 Inc. 5000 list of fastest-growing private firms in the U.S., highlighting their rapid growth and innovative business models.

📌 Originally reported by NBC Connecticut. Read the full article here.

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