David has completed a $75 million Series A funding round and acquired Epogee, enhancing its position in the health food sector with a focus on innovative nutritional solutions.
Information on the Target
David is an innovative brand that focuses on creating tools designed to help individuals increase muscle mass while reducing fat. Recently, the company successfully closed a $75 million Series A funding round and announced its acquisition of Epogee, a food technology firm known for its development of EPG, a plant-based fat alternative. This product significantly reduces both calories and fat content without compromising on taste or texture, aligning perfectly with David's mission of improving nutritional options available to consumers.
Since its launch in September 2024, David has introduced its flagship product, a protein bar boasting an impressive 28 grams of protein with zero sugar and only 150 calories. This protein bar offers the highest protein-to-calorie ratio currently available in the market. The brand has witnessed remarkable growth, expanding its retail presence to over 3,000 locations across the United States, including the notable entry into Wegmans. David is projected to exceed $100 million in revenue within its inaugural year.
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Industry Overview in the Target’s Specific Country
The food and beverage industry in the United States is witnessing a significant shift toward health-conscious products. Driven by rising consumer demand for healthier options, brands that offer f
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David
invested in
Epogee
in 2024
in a Series A deal
Disclosed details
Transaction Size: $75M
Revenue: $100M