MIAMI, FL, Today, global aça�- brand OAKBERRY announced that it has successfully raised $67 million through a Series C funding round.
The round was raised through funds managed by the Brazilian investment bank BTG Pactual (BPAC11) - the largest investment bank in Latin America, including an impact fund portfolio. The new partnership will accelerate OAKBERRY's global expansion strategy, most notably through rapid growth in the United States market.
OAKBERRY was founded in 2016 by Georgios Frangulis and Renato Haidar following a dream to create a quick-service superfood brand that is delicious, easy and fun to eat, and accessible to everyone. That dream became OAKBERRY's refreshing and indulgent menu of aça�- bowls and smoothies served up in visually appealing layers of aça�- and customizable, unlimited toppings at shops worldwide. OAKBERRY's aça�- is sustainably sourced from Brazil's Amazon Rainforest and is an abundant source of energy, rich in antioxidants, all-natural and organic with no high fructose corn syrup or artificial colors added. A fast-growing brand with over 700 locations across 40 countries, OAKBERRY'S fully verticalized business model provides flexibility and operational efficiencies for its growing franchise model.
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