Tech Company Financing Transactions
Poppy Handcrafted Popcorn Funding Round
Poppy Handcrafted Popcorn, based in Asheville, received $3 million from private investors and JAC Capital.
Transaction Overview
Company Name
Announced On
3/2/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Investors
private investors (Jeff Immelt)
Proceeds Purpose
The company intends to use the funds to more than double its existing manufacturing space and invest more than $2M in new equipment and technology.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
640 MERRIMON AVE
Asheville, NC 28804
USA
Asheville, NC 28804
USA
Phone
Email Address
Overview
Poppy Handcrafted Popcorn's mission is to create PURE. SIMPLE. POPCORN HAPPINESS. Launched in 2014, Poppy Handcrafted Popcorn is reimagining the way gourmet popcorn is produced and flavored. The company has a small batch approach using high-quality, simple, natural ingredients (including non-GMO corn) from as close to home as possible. Available at retailers throughout North America, Poppy remains committed to creating jobs and culinary partnerships in WNC. Shop Poppy online or find a retailer near you at poppyhandcraftedpopcorn.com, and connect on social @poppyhandcraftedpopcorn.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Susan Aplin
Chief Executive Officer
Ginger Frank
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We do our best to report on all VC transactions involving tech companies. VC transactions reported here come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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