Start-up infant nutrition company, Once Upon a Farm received $20 million in financing, enabling the business to expand its range and grow as a company. Once Upon a Farm currently produces cold-pressed, organic baby food, smoothies and applesauce in the US. CAVU Venture Partners led the financing and, as part of the agreement, the company’s co-founder and managing partner Brett Thomas and investor Jared Jacobs will join Once Upon a Farm’s board.
“From day one, our investors have all been tremendous partners for our brand. Due to their generous support and this round led by CAVU, Once Upon a Farm has been able to maintain incredible momentum to create a new Fresh Baby category and build a company that is committed to driving social impact for families,” said John Foraker, CEO and co-founder of Once Upon a Farm.
“I am proud of the innovative business that we have built. It is incredibly exciting to see so many families embracing our products. This latest round of funding allows us to continue to help busy parents give their children the most nutritious foods possible and make life a little bit easier for families across the country,” said co-founder, Jennifer Farner.
CAVU Ventures managing partner Brett Thomas said the infant food category has long lacked product innovation as is excited to partner with Once Upon a Farm to lead in this space.