Doughlicious, a British FoodTech frozen novelty model recognized for its artisanal frozen cookie dough-enrobed gelato bites, introduced a €4.3 million spherical to develop throughout the US, the place it already has a retail presence, and internationally.
The spherical was led by Wealthy Merchandise Ventures (RPV), the company enterprise capital fund of the worldwide, family-owned meals firm Wealthy Merchandise (Wealthy’s), and personal investor collective The Angel Group, together with participation from current traders.
“This partnership with Wealthy’s and The Angel Group is greater than an funding – it’s a vote of confidence in the way forward for Doughlicious and our mission to redefine indulgence,” stated Kathryn Bricken, Founder and CEO of Doughlicious. “With their assist, we’re poised to develop sooner, innovate smarter, and produce our crave-worthy creations to extra customers world wide.”
Based in 2017, Doughlicious is a female-founded and operated startup with a mission to redefine the cookie dough expertise by creating the “final snackable deal with“.
Targeted on better-for-you substances and sustainable practices, the model brings a contemporary perspective to the frozen snack class. Doughlicious’ frozen cookie dough & gelato bites are reportedly gluten-free, free from added refined sugars and white bleached flour, and comprise no synthetic components or preservatives.
Their merchandise are crafted and produced of their London facility and obtainable in over 10,000 retail shops throughout the US, UK and elements of Europe and the Center East – together with Goal, Entire Meals, Wegmans, and GoPuff.
This fundraise will assist Doughlicious speed up its growth throughout the US and different worldwide markets.
“Innovation is on the core of each Wealthy’s and RPV, and we imagine within the daring concepts which can be shaping the way forward for meals,” stated Dinsh Guzdar, managing accomplice of Wealthy Merchandise Ventures. “Doughlicious is a superb instance of a model that’s delivering on what right this moment’s customers need – smaller parts and clean-label choices that don’t sacrifice on style. We’re excited to assist Doughlicious develop its footprint all through the U.S. and shake up the freezer part with a brand new idea in permissible indulgence.”
