Blue Stripes, a U.S.-based company focused on upcycling cacao byproducts into innovative superfood products, has secured investment in its Series B funding round, highlighting its potential for growth in the sustainable food market.

Target Information

Blue Stripes is a U.S.-based company focused on upcycling cacao fruit, a byproduct of chocolate production, to create a range of innovative superfood products. This company is committed to sustainability, transforming approximately 70% of cacao fruit that would typically go to waste into delicious offerings, including cacao waters, granolas, trail mixes, and chocolate bars. Establishing a strong foothold in the market with over 20 SKUs, Blue Stripes aims to fulfill the rising consumer demand for natural, low-calorie snacks and beverages.

The cacao fruit is notably rich in antioxidants, vitamins, and minerals, offering a healthier alternative to many sugary products. With its unique flavor profile distinct from traditional chocolate, Blue Stripes is poised to lead in a burgeoning category, reminiscent of the innovation seen in coconut-based products.

Industry Overview

The cacao industry faces significant challenges, with food wastage contributing to approximately 1 trillion dollars lost annually in the food sector. This problem is further compounded by the environmental impact that results from the d