Kite Hill closes $40M capital raise to increase capacity
The capital from this funding round will enable Kite Hill to increase capacity and invest in marketing, innovation and people to help fuel its rapid rate of growth.
Kite Hill, Hayward, Calif., completed a $40 million capital round expected to close within a month. The round was led by 301 INC, the Minneapolis-based business development and venturing unit at General Mills, Minneapolis. CAVU Venture Partners, Santa Monica, Calif., also participated in the round.
The capital from this funding round will enable Kite Hill to increase capacity and invest in marketing, innovation and people to help fuel its rapid rate of growth.