Following successful investments from Jay-Z and Grammy-award winning singer H.E.R, the allergy-free brand Partake Foods has raised $4.8 million in a new funding round. Interesting to note is CEO and founder Denise Woodard is the first woman of color to raise $1 million for a food startup. New investors include pop star Rihanna.
JAY-Z
Oatly Secures $200M From Blackstone Group Including Oprah Winfrey, Natalie Portman & Jay-Z
Swedish oat milk pioneer Oatly has reportedly sold a $200 million stake to a group of investors led by Blackstone Group Inc which includes Oprah Winfrey, Natalie Portman, former Starbucks chief Howard Schultz and Jay-Z. Oatly’s value now stands at roughly $2 billion according to the Dow Jones.
First Jay-Z, Now Grammy Award Winning, H.E.R, Invests in Partake Foods’ Recent Fundraising Round
Last year, the world’s first billionaire rapper, Jay Z, invested $1M in allergen-free snack company, Partake Foods. The vegan cookie manufacturer has now announced Grammy Award-winning performer, H.E.R, and others, as its most recent investors.
Partake Vegan Cookies Launch into Retail Sector Following $1 Million Investment from Jay-Z
Partake cookies has launched into the retail sector. Target Stores, the 8th largest retailer in the United States, will stock all 3 flavors; Soft Baked Cookie Butter, Crunchy Chocolate Chip and Crunchy Birthday Cake.
Partake Food’s Allergy Friendly Snacks Now Available in Single Serve
Allergy-friendly snack company, Partake Foods, yesterday launched its cookies in single size. In an interview with vegconomist this June, founder Denise Woodard spoke about the future of her firm since receiving $1 million in seed funding from rap star Jay Z and his VC company Marcy Venture Partners.
Partake Foods: What Happens When You Get a Million in Funding From Jay-Z
Former Coca-Cola national director Denise Woodard launched her allergen-free, vegan cookie company in 2016 after her daughter was diagnosed with multiple food allergies. Last week it was revealed that rap star Jay Z and his VC company Marcy Venture Partners led a $1M seed funding round to invest in Partake Foods in order to take this cookie producer to the next level.
Jay-Z Invests in Vegan Cookie Company
American megastar and business tycoon, Jay Z, who also participated in vegan meat company Impossible Foods’ recent $300M investment round, has just funded vegan cookie startup Partake Foods.