has raised a Series A financing from an institutional investor led by
September 24, 2020 | Philadelphia, PA.
Mufson Howe Hunter & Co., LLC, a leading investment banking firm serving companies in the middle market, is pleased to announce the completion of Series A financing for Daring Foods, Inc. Daring is a plant-based chicken alternative food product primarily comprised of soy protein and four other ingredients and offering an attractive flavor profile high in protein and with a clean label that is gluten-free and GMO-free.
The Series A financing was led by Maveron, a consumer-only venture capital firm focusing on partnering with world-class entrepreneurs building outstanding consumer brands.
“We are excited to have attracted a group of investors that have been involved in building monumental consumer businesses and we will leverage this investment to continue our growth in an ever-changing, competitive landscape,” said daring foods CEO and co-founder, Ross Mackay.
Mufson Howe Hunter, an investment banking firm established in 2004, focuses on merger and acquisition transactions and the placement of growth capital for middle market companies. MHH's senior investment bankers each have over two decades of transactional experience across business services, consumer products & services, manufacturing / distribution and technology services industries. MHH advises both public and privately-held companies, with a particular focus on family-held and privately-owned businesses.