We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
ACCEPT Reject
Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Home Manage Alerts Archive Archive About Us Register Now   Not a User? Join now

RIND Drums Up $6.1M In Series A Funding Round

June 15, 2021: 12:00 AM EST
The four-year-old New York-based maker of snacks from upcycled whole fruit says the new cash will help it expand sales, marketing, and operations staffs, while increasing production capacity through additional supply chain partners and manufacturing technologies. The company, which says its revenue grew nearly five-fold year-over-year in 2020, expects sales to triple this year with the launch of a new chips line later in 2021. CEO Matta Weiss says the upcoming crispy fruit chip line will be “highly complementary” to the company’s core chewy dried snacks.” The funding was led by Valor Siren Ventures, formed by Valor Equity Partners in 2019 with a $100 million anchor investment from Starbucks, with additional participation from current investor Melitas Ventures.
Douglas Yu, "Upcycled Dried Snacks Company RIND Closes $6.1 Million Series A Led By Valor Siren Ventures", Forbes.com, June 15, 2021, © Forbes Media LLC
Domains
FOOD BUSINESS NEWS
Market Segments
News
Companies
Market News
Operations
Savory Snacks
Geographies
Worldwide
North America
United States of America
Categories
Business News
Companies
Companies, Organizations
Home | Privacy Policy | Terms and Conditions | Contact Us Copyright © 2000-2023 Business360 Inc. All Rights Reserved
Developed by Yuri Ingultsov Software Lab.