Pasta Chips Receives Growth Equity Financing from Silas Capital

pastachipsVintage Italia, the maker of Pasta Chips brand pasta snacks, received a new growth equity financing from Silas Capital, via private equity marketplace CircleUp.

The amount of the deal was not disclosed.

The capital will be used to accelerate the growth of the Pasta Chips brand by expanding distribution, introducing new products and engaging with snackers everywhere.

Founded by Jerry Bello, Pasta Chips finished its first full year of business (2014) with significant sales and is on track to double sales in 2015. By the end of this year, Pasta Chips will be in 80% of all grocery stores across the United States.

Pasta Chips are made with the semolina flour, grains, and Italian herbs, are cholesterol-free, and contain 60% less fat than potato chips and 30% less fat than pita chips. They are offered in five flavors inspired by the sauces and tastes of Italy, Marinara, Alfredo, Spicy Tomato Basil, Garlic Olive Oil, Mediterranean Sea Salt, and now Veggie, and available at major retailers across the nation.

FinSMEs

12/05/2015

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