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The Ugly Company secures $9m in Series A funding round
FoodBev Media

FoodBev Media

8 February 2023

The Ugly Company secures $9m in Series A funding round

The Ugly Company, a US-based producer of upcycled dried fruit snacks, has raised $9 million in a Series A funding round. The round was led by Sun Valley Packing, a fruit grower and distributor, and Value Creation Strategies, with participation from singer Justin Timberlake and investment firm Valley Ag Capital Holdings (VACH). The funds will be used to expand processing capacity and accelerate US expansion. The Ugly Company offers a variety of dried fruit snacks, such as cherries, peaches, white nectarines, apricots and kiwis. Ben Moore, founder and CEO of The Ugly Company, said: "The millions of pounds of fruit that gets thrown away every day in Central California is heart-breaking...I felt called to action to ensure every piece of fruit grown in the Valley is consumed by people, not landfills and livestock. This Series A funding is huge for us. We can finally address our infrastructure needs and expand sales nationally."

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