In addition to its nationwide launch into the U.S. market, the ketogenic diet-focused company today announced the close of a $5 million round of funding and the launch of a new product line. In total, the two year old company has raised $9.4 million in funding.
Despite having enjoyed rapid growth while under the auspices of CPG giant Campbell’s, breakfast brand The Soulfull Project announced this week that it would spin-off as a unique entity. The shift in ownership comes as Campbell’s refocuses on its core businesses.
FBOMB has seen exponential growth as of late thanks to a rising interest in keto-friendly products and a majority stake investment made last year by Disruptive Enterprises.
Ingredient producer and bar brand ReGrained announced the close of a $2.5 million round of funding to help propel the brand into its next phase of growth as an ingredient supplier. Family-owned product development firm Griffith Foods led the round with Barilla Group’s venture fund BLU1877 and Telluric Foods also taking part. Roughly $700,000 of the round was also raised from 700 contributors via an equity crowdfunding round on Indiegogo.
Mission-oriented investment firm Meaningful Partners lead the round, with privately owned holding company Murano Group and other individual investors also contributing.
Boulder, Colorado-based oat bar brand Bobo’s announced this week that it received series B funding from repeat investors Boulder Investment Group Reprise (BIGR) and Ridgeline Ventures. The two firms led the brand’s $8 million series A round in February 2017.
Investment firm Sunrise Strategic Partners announced today an investment in ice cream producer Coolhaus. The company plans to release a plant-based product in the near future.
Can bone broth be the next kombucha? Investment group CAVU Venture Partners thinks so. The fund announced today an $8 million series A investment in upstart bone broth brand, Kettle and Fire.
While the bar category may be a crowded set, Tosi Health thinks there’s room for one more leader at the front of the pack. And now, armed with new capital, the company has more gas in the tank to make this goal a reality.
The artisanal ice cream brand announced today that it had closed a minority investment from Strand Equity. The capital will be used to help the company scale its presence in retail and to open scoop shops on the West Coast.