LOS ANGELES — Daring Foods, a maker of plant-based chicken analogs, raised $65 million in a Series C funding round led by Founders Fund, with participation from existing investor D1 Capital Group.
New investors including professional tennis player Naomi Osaka, record producer Steve Aoki, hedge fund manager Chase Coleman and professional football player Cameron Newton also participated in the round, which brings Daring’s total funding to more than $120 million. The new funding follows a $40 million Series B round in May and an $8 million Series A round last October.
Founded in 2018 by Ross Mackay, the Los Angeles-based startup offers plant-based chicken in original, lemon and herb, Cajun and breaded varieties. The products contain up to 14 grams of protein per serving and are available in Whole Foods, Kroger and Sprouts stores, as well as in independent retailers and online markets like Gopuff and Imperfect Foods. The company this month will expand into more than 3,000 Walmart stores, doubling its distribution to 6,000 doors nationwide. FBN
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