Vegan burger chain Plant Power Fast Food will use the new funding to continue its expansion plans, with several new locations in California and two drive-thru restaurants in Las Vegas.
Provided
May 27, 2021
California-based Plant Power Restaurant Group LLC has raised $7.5 million to help its seven-unit fast food brand, Plant Power Fast Food, expand via corporate unit development. We re thrilled to have been able to develop key strategic partnerships that open up a range of new financing opportunities as we continue to execute on our growth strategy, co-founder and co-CEO Zach Vouga said in a company press release.
The Plant Power Restaurant Group also added Sebastien Koechli to its board of directors. Koechli is the director of Mergers & Acquisitions at Fusion Ventures, which led the funding. Sebastien brings an extraordinary level of corporate finance experience to the team, Ed Harm, Plant Power s CFO, said in the release. His strong acumen and ability to provide to counsel is something we really needed as we look ahead and work towards some important milestones.