Buddha Brands, a Montreal, Canada-based plant-based snacks and beverages company, raised $5.25M in funding.
The round was led by Fondaction.
The company intends to use the funds to hire more resources, develop new products, increase production of its nutrition bars in Quebec, and accelerate its penetration in the U.S. market.
Led by CEO Christopher Magnone, Buddha Brands makes a range of snacks and beverages including Thirsty Buddha, Coconut Water, Thirsty Buddha, Sparkling Coconut Water, and Hungry Buddha Nutrition Bars. Buddha Brands™ can be found in over 5,000 retail locations across Canada and the United States with distribution in natural and independent food stores, grocery chains, including Loblaws, Metro, Sobeys, Costco, and more, as well as big box retailers, convenience stores, and online shopping platforms like Amazon.
Founded in 2012, Buddha Brands employs 21 people.
FinSMEs
26/10/2022