Plant-based chicken brand Daring has raised $65 million in a Series C fundraising round led by Founders Fund.
The round was joined by existing investor D1 Capital Group and also included Naomi Osaka, Cameron Newton, Steve Aoki and Chase Coleman.
Headquartered in California, Daring says that its chicken alternative products are made with non-GMO ingredients and contain 10-14g of protein per serving. The brand’s range includes Original, Lemon & Herb, Cajun and Original Breaded Pieces.
Since being founded in 2018, Daring has raised more than $120 million in funding. The Series C round follows a $8 million Series A funding round in 2020 and Series B funding announced earlier this year.
The brand has also announced that it is expanding into 3,000 Walmart locations, doubling its distribution to 6,000 stores across the US.
© FoodBev Media Ltd 2024
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