‘Gummiceutical’ manufacturer TopGum expands into US Israeli functional gummy supplement manufacturer TopGum Industries, Ltd. is heading to the US with the establishment of TopGum, Inc., its new subsidiary in New Jersey.
With demand for dietary supplements at an all-time high, the ‘gummiceutical’ manufacturer said now is the time to make moves.
To help with this expansion, Topgum announced they secured an investment from Tel Aviv, Israel-based AP Partners Fund, in November. The company said the funding will accelerate growth, expand production capacity, R&D and marketing activities to North America and Europe in 2021.
Now that they’re here, TopGum will have a new set of hurdles to overcome.
BlazePod, the creator of the ‘Flash Reflex (FRX)’ training program, has raised an additional $8.5 million in its second round of funding. The round, which was led by AP Partners, brings its total capital raised to $10 million. AP Partners was represented by Adv. Atir Yaffe from Pearl Cohen Tzedek, and BlazePod was represented by Adv. Yaniv Aronovitch, Tadmor.
The company combines small and portable lighting pods with an app to assist in a variety of sports and exercise activities to help with physical and cognitive fitness. In the 18 months since its official product launch, BlazePod has already been used by prominent figures in the sports industry, such as Formula 1 driver Max Verstappen, Liverpool attacking midfielder Roberto Firmino, Maccabi Tel Aviv basketball team, as well as the Israel Defense Forces (IDF).