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Ecuadorean Snack Maker Benefits From Cash Infusion

December 7, 2021: 12:00 AM EST
The Series A funding round, led by Grupo Bimbo with participation from SOSV and Amadeo, benefits Quito, Ecuador-based LiveKuna, a vertically integrated supplier of gluten-free snacks and staples made from sustainably produced quinoa and chia sourced from farmers in Ecuador. In addition to the financial boost, Grupo Bimbo will work with LiveKuna to develop further better-for-you products, expand distribution in North America, and broaden the network of farmers. LiveKuna’s product portfolio includes breakfast cereal, pasta, flour, seeds, and grains, along with a line of puffed superfood snacks called KunaPops. Financial details of the funding round, along with Bimbo’s contribution, were not revealed. 
Gill Hyslop , "‘No brainer’: Ecuadorian superfood snack producer set for trajectory ride with boost from Grupo Bimbo", BakeryAndSnacks.com, December 07, 2021, © William Reed Business Media Ltd
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