Hippeas raises $50M to fund innovation and expansion plans
Dive Brief: Chickpea-based snack brand Hippeas raised $50 million in an investment round from The Craftory Limited. Hippeas said it would use the money to increase innovation, expand production and grow distribution. Hippeas also named Greg Buscher, who has 25 years of C-suite experience and a background in operations and manufacturing, as CFO. In addition, the company added César Melo to its board of directors. Melo, an investor and advisor to early-stage companies in the areas of better-food, better-planet, and better-technology, was previously an executive at companies including Mondelez...
Source: fooddive.com