Natural foods snack company Quinn has closed additional Series D funding, including an undisclosed minority investment from The Hershey Company.
Established in 2010, Quinn offers a range of savoury and sweet snacks, including kernels, microwave popcorn, and more. The company also claims to be committed to food transparency and to supporting regenerative agriculture.
In addition to Hershey, Quinn’s latest financing push was backed by existing investors.
Quinn – which claims that its revenue has increased 65% in the last year – says that the funding will support new distribution and product innovation.
“Quinn shares Hershey’s commitment to sustainable business practices, inclusivity, listening to consumers, and being transparent about how their products are made and what goes into them,” said Steve Voskuil, Hershey chief financial officer.
“Its emergence as a leader in natural foods is impressive, and we look forward to supporting their next phase of growth.”
Kristy Lewis, founder and CEO of Quinn, added: “Hershey’s keen eye for category disrupting brands and building them into household names makes them an invaluable partner. After ten years of creating a solid foundation to build from, we are looking forward to the next chapter in our story.”
© FoodBev Media Ltd 2021
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