Dealflow | February 4, 2021

Frontier Nutrition snags $6 million to bring fortified snacks to Bangladesh

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, February 5 — New Haven, Conn.-based Frontier Nutrition sells low-cost, nutritious snacks, including lentil butter, chocolate, powdered drinks and biscuits in over 50,000 outlets across Bangladesh, which has one of the highest rates of malnutrition in the world.

Life sciences investment firm Adjuvant Capital led the Series B round, with participation from Singapore venture fund DSG Consumer Partners, Great Point Ventures, DSM Venturing, Beyond Meat’s Seth Goldman and others.