The New Jersey-based Black woman-owned allergy-friendly cookie and baking mix producer has announced a $11.5 million Series B funding, with one of the most diverse group of funders in the food industry: the majority being women of colour.
301 Inc – General Mills’ venture capital arm – is ploughing $15m into two early-stage women-led venture capital funds, which are on a mission to promote racial and gender equity and economic opportunities for women of colour (WOC) entrepreneurs.
