Food Business News - July 10, 2018 - 65
Gluten-free baked foods
maker receives seed capital
©KELLY - STOCK.ADOBE.COM
oozy's, a maker of gluten-free, paleo and non-G.M.O. baked foods, has closed on $2.5
million of seed capital led by BIGR Ventures and AccelFoods.
Launched last fall by founders Susan Chen and Mason Sexton, Soozy's products
include six muffin varieties made without grains, gluten, dairy, peanut or soy. The muffins,
which come in wild blueberry, double chocolate, sweet potato, banana chocolate, coffee
cake and matcha green tea flavors, are certified
gluten-free, certified paleo and Non-GMO Project
verified. Soozy's products are available in 500 stores
across Texas, the Northeast and Mid-Atlantic, including H-E-B and Wegmans.
BIGR (Boulder Investment Group Reprise) Ventures is a growth equity fund founded by industry
veterans Carole Buyers, Bill Weiland and Duane
Primozich, all of whom worked with Boulder Brands
Investment Group (BBIG) before Boulder Brands was
acquired by Pinnacle Foods, Inc. During their time
with BBIG, the fund invested in Suja Juice and Epic
Bar. Based in Boulder, Colo., BIGR Ventures focuses
on early-stage natural and organic products, and its portfolio includes such brands as High
Brew Coffee, REBBL, Bobo's, Bonafide Provisions and Hope Foods.
"Nearly a decade ago, I had a front-row seat to the emergence of the gluten-free
category and led the acquisitions of the No. 1 and No. 2 brands in the market at that time,"
Ms. Buyers said. "We see the opportunity in grain-free today as very similar to gluten-free 10
years ago. Soozy's is exceptionally well-positioned to capitalize on this emerging market."
Founded by Jordan Gaspar and Lauren Jupiter, AccelFoods is an investment fund
centered on high-growth packaged food and beverage companies. AccelFoods' portfolio
includes such brands as Harmless Harvest, Cocomels, Good Day Chocolate, I Heart Keenwah
and Nona Lim. FBN
Ancient grains are an option when developing gluten-free products.
several ancient grain suppliers who will
exhibit at IFT18.
Western Foods, based in Woodland, specializes in gluten-free and
allergen-free grains, including rice,
millet, sorghum, quinoa, non-G.M.O.
corn, flaxseed, oats, buckwheat and
teff. The company has an accredited
gluten-free facility that also is certified
organic and Non-GMO Project verified.
July 10, 2018
The Annex by Ardent Mills, a new
business unit from Denver-based Ardent
Mills, markets ancient grains. The Annex by Ardent Mills seeks to explore and
provide food companies and food service
operators with "next" grains and unique
plant-based ingredients. Ancient grains
in The Annex portfolio are amaranth,
millet, buckwheat, teff, sorghum and
Ardent Mills Great Plains Quinoa. Heirloom wheats such as emmer, einkorn,
spelt and White Sonora are in the
portfolio as are rye, barley and pulses.
The ingredients are available in a variety
of traditional forms like whole berries,
flours and flakes as well as unique
formats, including mixes, blends, I.Q.F.
(individual quick frozen) and crisps.
Also at I.F.T., Grain Processing
Corp., Muscatine, Iowa, will feature
gluten-free barbecue chicken flatbread
sandwiches made with the company's
Pure-Dent B700 IP, a non-G.M.O. unmodified corn starch. FBN
Food Business News