Sustainable Food Development, Inc., a Denver, CO-based agricultural consumer food company, is raising a $525k initial funding.
Investors remained undisclosed.
The funding will support the company’s start-up costs for the production and marketing of its new private-label Pure Harvest™ Chicken frozen products, the beginning of a consumer food preference survey in China, incorporation costs for subsidiaries in Australia and Hong Kong, incorporation costs for a U.S.-based mobile grocery subsidiary, ongoing preparation of capital and operational budgets for all of its planned projects, plus general operating expenses.
Led by President & CEO Tim Amlaw, Sustainable Food Development capitalizes on progressive agricultural practice like Pure Protein, as well as focus on understanding of consumer needs to produce safe food through the availability of nearly 18 millon acres worldwide.
FinSMEs
11/01/2012