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Frontier Nutrition Raises $6 million Series B Financing led by Adjuvant Capital to Expand Access to Fortified Snacks
February 3, 2021 GMT
DHAKA, Bangladesh, Feb. 3, 2021 /PRNewswire/ Frontier Nutrition, a company manufacturing and marketing affordable fortified snacks in Bangladesh, has announced a $6 million Series B financing led by Adjuvant Capital, a life sciences fund backed by the Bill & Melinda Gates Foundation, the International Finance Corporation, and other prominent global health investors with a mission to finance technologies and products addressing high-burden public health challenges. Proceeds from the financing will be used to bring manufacturing of several products in-house, launch a sales and marketing campaign to raise awareness of the consumer brand Hashi Khushi, and develop new products that can be used in research studies and international humanitarian efforts. Concu