Outstanding Foods Closes $10M Series A Financing Round
Rapidly Growing Better-For-You Snack Brand Prepares for 2021 Retail Expansion
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Puffs, has raised $10 million in a Series A financing led by SternAegis Ventures. With this additional capital, Outstanding Foods will endeavor to expand both its retail footprint as well as its direct-to-consumer ("DTC") marketing efforts. Outstanding will also use the proceeds of this financing to bolster its research and development team led by cofounder Chef Dave Anderson in order to accelerate the development of new outstanding market-ready plant-based products. Notable strategic investors Kenneth Harris, former Chairman of the Board of Enjoy Life Foods, and Javier Valéz-Bautista, former CEO of Mission Foods and current CEO of El Dorado Foods, both invested in the financing.