Friday, April 23, 2021

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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 Val├ęz-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

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