Outstanding Foods closes $10M Series A financing round
Outstanding Foods, maker of PigOut Pigless Pork Rinds and TakeOut Meal-In-A-Bag Puffs, has raised $10 million in a Series A financing led by SternAegis Ventures. With this additional capital, Outstanding Foods will endeavor to expand both its retail footprint as well as its direct-to-consumer (“DTC”) marketing efforts. Outstanding will also use the proceeds of this financing to bolster its research and development team led by cofounder Chef Dave Anderson in order to accelerate the development of new outstanding market-ready plant-based products. Notable strategic investors Kenneth Harris, former Chairman of the Board of Enjoy Life Foods, and Javier Valéz-Bautista, former CEO of Mission Foods and current CEO of El Dorado Foods, both invested in the financing.
With this Series A financing, Outstanding Foods shall continue to execute upon a plan of rapid retailer expansion both nationally and globally in support of its first product, PigOut Pigless Pork Rinds, and its most recent innovation, TakeOut Meal-In-A-Bag Puffs.