Fruitist Secures $150m Funding
Fruitist, a superfruit specialist, has raised $150 million in equity financing led by J.P. Morgan Asset Management to accelerate its global expansion.
Consumers using GLP-1 treatments increase their berry purchases.
The company has experienced rapid growth since its founding in 2012, expanding its growing areas to multiple countries and supplying over 12,500 outlets in 40 countries.
- Initial focus on growing, distributing, and marketing blueberries from Peru
- Expanded growing areas to Mexico, Chile, India, Morocco, China, and the US
- New growing regions in Oregon and California
Author's summary: Fruitist raises $150m for expansion.
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