How Hero Bread Raises $21 Million In Less Than 90 Days To Accelerate Its Low-Carb Artisanal Bakery Business
June 27, 2024 | 1 min to read
Hero Bread, a Californian startup focused on low-carb, high-nutrition baked goods, has raised $21 million to advance product innovation and retail growth. Co-led by Cleveland Avenue, DNS Capital, and Composite Ventures, with support from Greatpoint Ventures, this financing will further the company's mission to provide nutrient-rich bread to more consumers. Previously, Hero Bread secured $15 million in a series B funding round in 2023, raising its post-money valuation to $155 million.
Hero Bread, a Californian startup dedicated to producing an artisanal line of low-carb and high nutrition baked goods, has amassed $21 million in latest financing to fuel their product innovation and retail expansion.
This funding round, co-led by Cleveland Avenue, DNS Capital, and Composite Ventures with additional participation from existing investor Greatpoint Ventures, is set to accelerate the company’s mission of delivering nutrient-rich bread to a wider audience. PitchBook showed Hero Bread previously raised a $15 million series B back in 2023, putting its post-money valuation at $155 million.
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