MyForest Foods Announces $15 Million Series A-2 Funding
The company appointed Greg Shewchuk as its new CEO to spearhead growth and sales expansion
MyForest Foods Co. announced it has raised $15 million in Series A-2 funding to support its next chapter of growth and further bring its hero product, MyBacon, to more consumers across the East Coast. The round was led by MyForest Foods’ parent company, Ecovative Design.
The majority of the proceeds will be used to support MyForest Foods’ retail growth and foodservice presence as it expands its footprint across the Eastern Seaboard, including New York City. The company’s popular mycelium-based meatless bacon product, MyBacon, is now commercially available at multiple Fairway Market and Gourmet Garage store locations throughout Manhattan. These additions mark a new milestone; MyBacon is now available in over 100 retail locations across the Northeast.