Venture Capital News: PeaTos Receives $12.5M Series B Financing
2021-02-02
LOS ANGELES, CA, PeaTos, the revolutionary snack chip brand, has secured Post Holdings to lead its $12.5 million Series B round.
Less than six months after raising $7 million in a Series A round, PeaTos, the revolutionary snack chip brand, has secured Post Holdings to lead its $12.5 million Series B round. The funds will enable PeaTos to continue driving its mission to revolutionize America's favorite chips by adding nutrient-dense peas to the traditional corn base and replacing the artificial colors and flavors with more natural ingredients. PeaTos has experienced explosive growth and received widespread acclaim due to its unique approach of creating a better form of "junk food", one that has all the flavor and fun of traditional snacks like Cheetos® and Doritos®, but all the nutrient claims of better-for-you options.
Rapidly growing revolutionary snack brand PeaTos® is advancing its mission to create a new class of snack chips that offer all the taste and crunch of America's top selling "junk food" like Cheetos® and Funyuns® but by augmenting the old-school base of corn with peas and removing the artificial stuff. Now you get all that "junk food" chip taste you crave without any of the junk. PeaTos® is available in over 4,700 retailers including Kroger and its banner stores like Ralphs, King Soopers, Fred Meyer, Dillons, and Smith's. PeaTos® are also available at Vons, Pavilions, Albertsons, Safeway, Sprouts, Sam's Club and online on Peatos.com, BetterSnacks.com and Amazon.com.
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