Thank you Elaine at AgFunder for helping share our big news, and thanks to InvestEco Capital, CREADEV - Creating for People , Grosvenor Food & AgTech, and BAMCAP for your partnership. We couldn't be more excited for this next stage of major #growth.
The The Jackfruit Company—owner of the?Jack & Annie’s?brand—has raised a $5m series B extension to expand its jackfruit-based meat alternatives across retail, foodservice, and industrial ingredients. The round, led by returning investors?InvestEco Capital,?CREADEV - Creating for People , and?Grosvenor Food & AgTech,?follows a $23m series B round announced in December 2021, and reflects the fact that the firm is growing at a double digit pace at a time when many other players in the alt meat segment are struggling, said founder and CEO Annie Ryu. “As we continue to see consolidation across the plant-based and broader meat alternative industry, our company is now positioned for strong growth.” #foodtech #plantbased #plantbasedmeat #meatalternatives AgFunder