PigOut snack brand owner Outstanding Foods in new financing round
SternAegis Ventures is a returning investor Outstanding Foods, a plant-based snacks business in California, has secured US$10m in funding from both new and previous investors. The Series A round was led by existing investor New York-based private-equity firm SternAegis Ventures, which contributed to the $5m Outstanding Foods received last year with participation from L.A. Lakers basketball player JaVale McGee. The company was founded in 2015 by former Hampton Creek co-founder and Beyond Meat product developer Dave Anderson, who is also a chef, and CEO Bill Glaser initially as PigOut. In 201...