Bare Snacks, a US-based snack brand, has closed around $9.25m in equity financing. NGEN Partners led the round, with Avrio Capital and Silas Capital co-investing.
The financing will be used to boost the company's growth by expanding capacity, adding personnel to the management team, building the brand, and funding working capital, the company said.
NGEN managing director Rosemary Ripley said that Bare Snacks is expected to meet the increasing consumer demand for healthy snacks.
Bare Snacks CEO Brad Oberwager said, "We are excited to have three experienced partners helping us accomplish our mission: to provide guilt-free snacks to those who care about their health and what they eat, without compromising taste or satisfaction."
Bare Snacks produces 100% Natural and Organic Bare Fruit Apple Chips and Fruit Snacks. Its products are made from 100% real fruit, are baked never fried, and use only high quality ingredients as close to nature as possible.
