Infant Formula Company Bobbie Raises $50 Million To Invest In The Next Generation
Mar 15, 2022•over 3 years ago
Amount Raised
$50 Million
Description
Bobbie, the first Organic, European-style infant formula that is manufactured in the U.S., today announced the closing of $50M in new financing, including its Series B funding led by Park West with participation from existing investors VMG and NextView. The Airbnb alumni syndicate, AirAngels, provided more than 100 new investors who are backing their former colleagues and now Bobbie founders, Laura Modi and Sarah Hardy. This round of capital will accelerate innovation in the stagnant formula industry and support continued nutritional advancement on Bobbie’s product development with its unique recipes and purposefully-sourced ingredients.
Funding Insights
Based on industry dataTech investment trends
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