What is 34 Degrees?
34 Degrees specializes in the production of thin, crispy crackers designed to complement a variety of cheeses, positioning itself as a premium snack option for entertaining and everyday consumption. The company's diverse product portfolio includes popular flavors such as Original, Chili Flake & Olive Oil, and Rosemary, alongside gluten-free cheese crisps crafted with real gouda. Targeting cheese enthusiasts and consumers seeking light, flavorful snacks, 34 Degrees emphasizes quality and taste to enhance social gatherings and personal enjoyment.
How much funding has 34 Degrees raised?
34 Degrees has raised a total of $3.7M across 3 funding rounds:
Private Equity
$3.4M
Debt
$150K
Debt
$150K
Private Equity (2017): $3.4M with participation from Fresca Foods Inc
Debt (2020): $150K led by PPP
Debt (2021): $150K supported by PPP
Key Investors in 34 Degrees
Fresca Foods Inc
Fresca Foods Inc. is a natural food products company founded in 1989, focused on producing and marketing a range of natural food items and building established brands within the sector.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for 34 Degrees?
The recent major strategic investment indicates a phase of significant growth and potential market expansion for 34 Degrees. This capital infusion is likely to fuel initiatives aimed at scaling production, broadening distribution channels, and potentially developing new product lines to further capture market share in the competitive snack industry. The company's focus on premium ingredients and unique flavor profiles suggests a strategy centered on brand differentiation and consumer loyalty.
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