Tech Company Financing Transactions
Powerful Foods Funding Round
Powerful Foods secured a $5 million funding round on 3/4/2020. Investors included MMG Equity Partners.
Transaction Overview
Company Name
Announced On
3/4/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand into additional product categories, continue to grow in the market of high-protein products and launch its Powerful 2.0 platform by accelerating product development, manufacturing, sales, and marketing.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
1828 Bay Rd. 201
Miami, FL 33139
USA
Miami, FL 33139
USA
Phone
Website
Email Address
Overview
The Powerful product line was born out of commitment to create delicious high protein products to fuel an active lifestyle. After trying all of the other products on the market, it was clear that nobody was making great tasting dairy products that were also natural and clean.
Management Team
Browse more venture capital transactions:
Prev: 3/4/2020: Bolt Mobility venture capital transaction
Next: 3/4/2020: Transphorm venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs