Bare Snacks Gets $9.25 Million From VCs
July 26, 2013
San Francisco — Dried fruit chips manufacturer Bare Snacks closed on a $9.25 million in equity financing from NGEN Partners and co-investors Avrio Capital and Silas Capital, the company announced.
The money will be used to expand capacity, add to the management team, build the brand and fund working capital, Bare Snacks reports.
NGEN Managing Director Rosemary Ripley says: “The demand for healthy snacks is a megatrend and we believe that Bare Snacks provides consumers with delicious, good-for-you products. We are excited for the brand to play a leadership role in this growing category.”
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