Voyage Foods Raises $36M In Series A Funding
Vojage Foods, an Oakland, CA-based food technology company, raised $36M in Series A funding.
The round, which brings total funding to date to $41.7M, was led by UBS O’Connor and Level One Fund, with participation from Horizons Ventures, SOSV’s Indie Bio, and Social Impact Capital.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Adam Maxwell, Voyage Foods is recreating any non-fibrous food using sustainable, scalable ingredients without compromising taste. Through its proprietary technology, the company has finalized three products thus far – cacao-free chocolate, peanut-free spread, and coffee without coffee beans. They are free of the top nine major allergens, and made using a combination of whole, natural ingredients that are sustainably produced, without sacrificing the flavor and experience consumers are familiar with.
The peanut-free spread will be launching in certain in-store and online retailers in Q2. Voyage’s cacao-free chocolate will be launching as an ingredient with a commercial partner in Q3.