Once Upon a Farm Closed $52 Million in New Funding to Support Rapid Growth as the Category Leader in the Fresh Baby and Kid Snacking Space
Led by CAVU Venture Partners and existing investors S2G Ventures, Cambridge and Beachwood, new investment will fuel innovation and category expansion
BERKELEY, Calif., March 9, 2022 /PRNewswire/ — Once Upon a Farm, the next generation children’s nutrition company and makers of organic, crave-worthy snacks and meals for kids of all ages, announced today the closing of $52 million in Series D funding. This investment was led by CAVU Venture Partners, along with existing investors S2G Ventures, Cambridge, and Beachwood. This round of capital along with the powerhouse leadership of Co-Founders John Foraker, Jennifer Garner and Cassandra Curtis, will continue to fuel the company’s rapid growth in retail and online, while expanding their innovation pipeline for today’s modern parents.
“We want to continue being that ally for parents when choosing snacks and food we know their kids are going to love.”
“The experience, network, and funding support Once Upon a Farm has received in its lifetime from our investment partners have been monumental to the company’s growth thus far,” said John Foraker, CEO and Co-Founder of Once Upon a Farm. “Our business has grown at a triple digit compounded annual growth rate since 2017, and this new round of funding reflects the want and need for our delicious products. We want to continue being that ally for parents when choosing snacks and food we know their kids are going to love.”
“Once Upon a Farm is a true visionary in the baby food and kids snacking space, disrupting two categories that have been stagnant for years and giving back in the process,” said Brett Thomas, Cofounder at CAVU Venture Partner. “We’re excited to double down on the brand and executive teams through this capital raise while continuing to support their incredible mission.”
Read more – https://finance.yahoo.com/news/once-upon-farm-closed-52-190000254.html