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Venture Capital News: ALOHA Announces $68M Investment Round

2024-03-26
LITTLETON, CO, ALOHA proudly announces that SEMCAP Food & Nutrition has invested $68 million of secondary capital to buy out early angel investors and take a significant minority stake in the company.
ALOHA, an award-winning B Corp and Climate Neutral Certified plant-based protein brand, proudly announces that SEMCAP Food & Nutrition, a growth equity investment firm focused on identifying and helping build the purpose-driven food and nutrition brands of the future, has invested $68 million of secondary capital to buy out early angel investors and take a significant minority stake in the company. ALOHA will join SEMCAP's prestigious portfolio of consumer-first, mission-driven brands that are growing the right way. ALOHA employees and management will retain a significant stake in the company, maintaining the company's status as an independently operated entity.

ALOHA is an employee-owned and operated company committed to helping people choose a happier path to a healthier life by making simple, nutritious food available to everyone. Its award-winning plant-based products are high in protein, amazingly low in sugar, and next-level delicious--proving you don't have to sacrifice taste for nutrition. As a certified B Corporation® and Climate Neutral Certified brand, ALOHA is dedicated to using its business as a force for good and taking care of its people, customers, communities, and the planet. ALOHA's products can be found at grocery stores nationwide, including Whole Foods Market, Sprouts, Wegmans, Harris Teeter, HEB, Kroger, Albertsons, Publix, Stop & Shop, Natural Grocers, Central Market, and more. ALOHA can also be purchased online at Thrive Market, Amazon, Walmart.com, Vitacost.com, and ALOHA.com.
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