The Ucan Company, a Woodbridge, Conn.-based manufacturer and distributor of nutrition products powered by a patented, slow-release energy source, raised $5.75m in Series D funding.
The round was led by eighteen94 capital, with participation from S2G Ventures. In conjunction with the funding, Simon Burton, managing director of eighteen94 capital, will join Ucan’s board of directors.
The company intends to use the funds to continue to invest in the branding and distribution of its products and expand its market from athletes to everyday individuals.
Led by Shoba Murali, CEO, Ucan delivers nutrition products powered by a patented, naturally cooked non-GMO food starch that provides a slow-release of complex carbohydrates. The products are currently available in powder and bar format, in a variety of flavors.