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Porter Road announced it has raised a $10 million Series A round of funding in order to expand its butcher, processing and direct-to-consumer operations. The investment was led by L37 Ventures, a private equity firm with offices in Nashville, Houston and Silicon Valley, and will go to scale the company’s provider and processing operations. “It’s easy to back founders who are as comfortable on the manufacturing line as they are in the boardroom, and who see the world differently and have the deep domain expertise to execute on that vision,” L37 Partner Randall Ussery said. “They have spent years perfecting the Porter Road way, which no company nor incumbent can replicate overnight. They are a category killer in the meat industry and have built a moat around their brand.”

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