Gathered Foods Raises $26.3M in Series B
Gathered Foods has successfully raised $26.3M in a Series B at a $100M valuation led by General Mills, S2G Ventures.
Company Overview
Gathered Foods is a FoodTech company headquartered in Heath, OH, founded in 2017 with 80+ employees.
Plant-based seafood brand Good Catch
Fundraising Details
- Amount Raised: $26.3M
- Round Type: Series B
- Valuation: $100M
- Date: 2020-01-21
- Investors: General Mills, S2G Ventures
About Gathered Foods
Plant-based seafood brand Good Catch The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Heath, OH
- Founded: 2017
- Team Size: 80+
- Industry: FoodTech
What This Means
This funding round demonstrates strong investor confidence in Gathered Foods's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Gathered Foods's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $100M valuation marks an important milestone for Gathered Foods, positioning the company among notable players in the FoodTech industry.
Looking Ahead
With this new capital, Gathered Foods is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2020-01-21. For more information about Gathered Foods, visit their headquarters at Heath, OH.
