Back to the Roots Obtains $5,000,000 Seed Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85c687db-4f51-4da6-876b-d34541c662e0 - Date
2/2/2016 - Company Name
Back to the Roots - Mailing Address
424 2nd Street Oakland, CA 94607 USA - Company Description
In a college class, we learned mushrooms could grow entirely on spent coffee grounds. After watching hours of how-to videos and turning our fraternity kitchen into a big science experiment, we eventually decided to give up our corporate job offers to instead become full-time mushroom farmers. - Website
http://www.backtotheroots.com - Transaction Type
Venture Equity - Transaction Amount
$5,000,000 - Transaction Round
Seed - Proceeds Purposes
The funding will be used to accelerate product development (10 new products in the pipeline for 2016), expand distribution into retailers and schools, and build the team at its Oakland headquarters. - M&A Terms
- Venture Investor
Investor - Venture Investor
Investor - Venture Investor
Undisclosed
