Tech Company Financing Transactions
Tia Lupita Foods Funding Round
Tia Lupita Foods secured a $2.6 million Seed funding round on 10/19/2023. Backers included GBM and Santatera Capital.
Transaction Overview
Company Name
Announced On
10/19/2023
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Seed
Investors
GBM (Lead Investor)
Santatera Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to grow the team, accelerate new product development, and expand into new markets.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
1 Blackfield Drive St 264
Tiburon, CA 94920
USA
Tiburon, CA 94920
USA
Phone
Website
Email Address
Overview
Fifty years ago in Mexico, in the village town of San Francisco, Nuevo Leon, a woman named Lupita perfected a spicy sauce recipe that her family had passed down for generations. The sauce made her a local celebrity, but for her son, Tia Lupita's sauce simply tasted like home. When Tia Lupita's son moved to San Francisco, California, she mailed him batches of sauce so home felt a little closer. As her son shared her hot sauce with everyone close to him soon a second San Francisco fell in love with Aunt Lupita's sauce, and so Tia Lupita's Hot Sauce was born.
Management Team
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