Fruitist Secures $150m in Funding
Fruitist, a superfruit specialist, has raised $150 million in equity financing led by J.P. Morgan Asset Management, alongside new and existing investors.
Consumers using GLP-1 treatments increase their berry purchases.
The company, known for its jumbo blueberries, has expanded its growing areas to multiple countries, including Mexico, Chile, and the US, and now supplies over 12,500 outlets in 40 countries.
- GLP-1 consumers are driving the demand for berries
- Fruitist has experienced rapid growth since its founding in 2012
- The company has a global presence, with growing regions in several countries
Author's summary: Fruitist raises $150m to fuel expansion.