Afia Secures $3M in Series A Funding to Expand Manufacturing Capacity, Mediterranean Food Category
Afia, a Mediterranean food company launched with a mission to make the region’s cuisine more accessible, recently announced the close of $3M Series A equity financing. Embree Capital Markets Group (Devansoy and HealtheMed), Semillero Partners (Imperfect Foods, Sanzo, Farmer’s Fridge), MJR Ventures (Better Sour and Nyssa Care), Roya Capital (Partake, Omsom, Maker Wine, Pulp Pantry) and other angel investors have joined together in the investment. This follows the initial investment secured in 2020, from Unorthodox Ventures.
The six-year-old company will use the funding to scale Afia’s core product line, open a new 21,000-square-foot manufacturing facility and headquarters in Taylor, Texas, later this year, launch new products and increase customer availability through traditional & online retailers and food service.