Baby food startup Yumi lands $67 million in Series B funding to expand its product offerings amid high growth during the pandemic.
. With the help of longtime friend and journalist Evelyn Rusli, in 2017 she launched Yumi: a direct-to-consumer organic, plant-based food service whose meals are tailored to babies’ and toddlers’ stages of development. As part of the cofounders’ “food is pharma” mission, parents also receive educational materials based on research and clinical studies.
Much has changed since then, and on Tuesday Yumi announced a $67 million Series B led by San Francisco-based biotech fund Jazz Ventures Partners, AF Ventures and 23andme cofounder and CEO Anne Wojcicki, bringing the company’s total funding to $79 million.
Anjula Acharia, founder and CEO of A-Series Investments and Management, who in addition to Yumi has backed billion-dollar startups such as ClassPass, says it comes down to science.
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