Açaí Brand Oakberry Raises $67 Million In Series C Funding With Btg Pactual To Grow U.S. Restaurant Footprint

Jan 02, 2024•almost 2 years ago

Amount Raised

$67 Million

Round Type

series c

MiamiFood And Beverage

Investors

Btg Pactual

Description

Today, global açaí brand OAKBERRY announced that it has successfully raised $67 million (325 million Brazilian Reais) through a Series C funding round. The round was raised through funds managed by the Brazilian investment bank BTG Pactual (BPAC11) – the largest investment bank in Latin America, including an impact fund portfolio. The new partnership will accelerate OAKBERRY's global expansion strategy, most notably through rapid growth in the United States market.

Company Information

Company

OAKBERRY

Location

Miami, Florida, United States

About

OAKBERRY was founded in Brazil in 2016 by Georgios Frangulis and Renato Haidar following a dream to create a quick-service superfood brand that is delicious, easy and fun to eat, and accessible to everyone. That dream became OAKBERRY's refreshing and indulgent menu of açaí bowls and smoothies served up in visually appealing layers of açaí and customizable, unlimited toppings at shops worldwide. OAKBERRY's açaí is sustainably sourced from Brazil's Amazon Rainforest and is an abundant source of energy, rich in antioxidants, all-natural and organic with no high fructose corn syrup or artificial colors added.

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