What is The Jackfruit Company?
Founded in 2015 and headquartered in Boulder, Colorado, The Jackfruit Company (TJC) specializes in creating convenient, whole-food, plant-based products utilizing jackfruit as its primary ingredient. TJC's mission is to mainstream the consumption of jackfruit, positioning it as the premier plant-based alternative for consumers seeking sustainable and healthy food options. The company aims to foster a positive impact on farmers, consumers, and the planet through its innovative product development and supply chain.
How much funding has The Jackfruit Company raised?
The Jackfruit Company has raised a total of $23M across 1 funding round:
Series B
$23M
Series B (2022): $23M with participation from Grosvenor
Key Investors in The Jackfruit Company
Grosvenor
Grosvenor, a privately-owned international property company founded in 1677, brings a unique perspective to investment, potentially focusing on the long-term real estate and infrastructure aspects supporting The Jackfruit Company's growth and supply chain.
What's next for The Jackfruit Company?
With this recent major strategic investment, The Jackfruit Company is poised for accelerated expansion. The capital infusion is expected to fuel further product innovation, enhance production capabilities, and broaden market reach, both domestically and internationally. This backing from strategic partners will likely enable TJC to solidify its position as a leader in the jackfruit-based food market and capitalize on the increasing consumer demand for plant-based alternatives.
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