ReGrained closes $2.5M strategic financing round led by Griffith Foods
ReGrained, a mission-driven ingredient platform and packaged goods innovator that leverages patented technology to transform food manufacturing byproduct into superfoods, announced that it has closed out its $2.5 million Series Seed financing. Griffith Foods, the privately held global product development company led the round with additional participation from Barilla Group’s BLU1877, Telluric Foods and many other strategic and crowdsourced investors.
The investment will help the company scale their proprietary processing technology and commercialize their ingredient business. Setting the stage for global expansion, the world’s first “ReGrainery” based in the San Francisco Bay Area rescues and upcycles millions of tons of high-protein, high-fiber grain generated by the brewing industry into ReGrained’s SuperGrain+.SuperGrain+ is a versatile ingredient that performs in all commercial applications from savory to sweet, producing nutritious and highly functional foods.