Good Catch Raises Over $32M In Series B Financing

Gathered Foods

Gathered Foods, a NYC-based food tech company, raised over $32M in Series B financing.

The round was led by Stray Dog Capital and Rocana Ventures, with participation from Almanac Investments, CPT Capital and New Crop Capital, as well as Greenleaf Foods and 301 INC, the venture arm of General Mills.

The company intends to use the funds for expansion in distribution across North America, Europe and into Asia, the opening of its manufacturing facility, and new product and food service channel launches in early 2020.

Led by Chris Kerr, CEO and Co-Founder, Gathered Foods is the maker of Good Catch┬« plant-based seafood products. The founding chef partners and brothers, Chad and Derek Sarno, have created the company’s proprietary six-legume blend (peas, chickpeas, lentils, soy, fava beans and navy beans), utilized as the base of inaugural products.

All Good Catch products are free of dairy, GMOs, mercury, toxins, microplastics, microfibers and are safe for those with shellfish allergies. Good Catch Plant Based Fish-Free Tuna is available nationwide in three versatile flavor offerings including Naked in Water, Mediterranean, and Oil & Herbs, with new products coming to market in Spring 2020.

Good Catch products are now available in over 4,500 retail outlets across the United States, and will be launching in the UK in the coming weeks.

FinSMEs

15/01/2020

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