Tech Company Financing Transactions
Blue Stripes Funding Round
The Hershey Company, Whole Foods and Zintinus participated in a $20 million Series B funding round for Blue Stripes. The round was announced on 10/15/2024.
Transaction Overview
Company Name
Announced On
10/15/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue to advance its whole cacao process technologies, develop new products, increase distribution, and raise consumer awareness around the nutritional benefits of the cacao fruit for the chocolate industry as a whole.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
134 West 29th Street 907
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
After founding the chocolate 80-store empire Max Brenner, Oded Brenner craved a change. He had begun to see the horrendous waste of the chocolate industry, which was discarding hundreds of millions of pounds of nutritious cacao fruit every year.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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