Chunk Foods secures funding, Latin America deal for plant-based whole cuts
Jan 25, 2024•almost 2 years ago
Amount Raised
$7.5 Million
New YorkFood And BeverageInvestors
Cheyenne VenturesFoot Print CoalitionThe Mit E14 FundFall Line CapitalSigma Alimentos
Description
Chunk Foods closed on another $7.5 million in seed extension funding amid a new strategic partnership with Sigma Alimentos, one of Latin America’s largest meat and dairy producers. The partnership will bring Chunk’s plant-based proteins to Latin America for the first time, providing products for Sigma’s Better Balance product line.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers