VinePair Podcast

Where Does Vermouth Go Next?

Feb 26, 2026
Phi Peinado, co-founder of Cueva Nueva and entrepreneur shaping a Spanish vermouth brand for U.S. drinkers. David Neimanis, co-founder who developed the recipe after moving to Spain. They discuss discovering vermouth culture in Spain, choosing Valencia, crafting the liquid with a historic winery, brand design for everyday reuse, and strategies to introduce vermouth to U.S. bars and retailers.
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ANECDOTE

Founders Moved To Spain To Live The Vermouth Culture

  • David Neimanis and Phi Peinado moved from Brooklyn and Chicago to Valencia after long stays in Spain and fell in love with the local vermouth culture.
  • They met in Valencia, decided to start Cueva Nueva to share Spain's midday vermouth ritual with wider audiences after sending bottles to friends.
ANECDOTE

Partnered With A 150 Year Old Vermouth Producer

  • They partnered with a family-owned winery in Reus, Tarragona that has made vermouth for ~150 years to produce Cueva Nueva.
  • The winery agreed to tweak a base recipe so the brand had a trusted scalable production partner.
INSIGHT

Lighter Recipe With Bitter Finish For Sessionability

  • Cueva Nueva designed their vermouth to be lighter with a bitter finish to avoid the sticky mouthfeel common in traditional southern Spanish vermouths.
  • They emphasized wormwood and gentian for a balanced bitter edge so consumers can have multiple glasses without residue.
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