Outstanding Foods: Closes $10M Series A Financing

  • Outstanding Foods, a Los Angeles, CA-based maker of plant-based snacks, raised $10m in Series A financing
  • The round led by SternAegis Ventures with participation from Kenneth Harris, Javier Valéz-Bautista, and current CEO of El Dorado Foods
  • The company intends to use the funds to bolster its research and development team and to expand both its retail presence as well as its direct-to-consumer marketing efforts
  • Co-founded by Bill Glaser and Chef Dave Anderson, Outstanding Foods provides plant-based products
  • Beginning with wholesome 100% plant-based ingredients, packed with protein and other health benefits, each product is free from gluten, soy, GMOs, trans fats, and cholesterol
  • Then the products currently sold in retailers nationwide including locations at Walmart, Kroger, Whole Foods, and southwest 7-11 locations
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Deutsche Bank’s AI Strengthens Role in Finance Jobs

AI capabilities are set to transform the finance employment landscape.Highlights: Deutsche Bank is ramping up its AI initiatives.The...

LSE and Crowdcube Launch First Offer for Retail Investors

Investors can now access unique opportunities through the London Stock Exchange.Highlights: LSE teams up with Crowdcube for retail...

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...