Fat Snax, a Brooklyn, NY-based low-carb and keto snack brand, closed a $5m Series A funding.
The round was led by BFG Partners and BIGR (Boulder Investment Group Reprise) Ventures.
The company intends to use the funds to expand its retail presence for current product lines including cookies, brownies, and blondies and launch Almond Flour Crackers and Mini Cookies.
Launched by Jeffrey Frese, Fat Snax provides low-carb snacks and desserts to customers since 2017. The brand became soom a top seller and has since accelerated growth by focusing on retail expansion. Today, it offers four flavors of their soft-baked cookies, along with Brownie Bites and Blondie Bites. The products can be found at FatSnax.com or at more than 4,000 retail locations nationwide, including Kroger, Sprouts, Whole Foods Market, The Vitamin Shoppe, Wegmans, and H-E-B.
FinSMEs
28/04/2020