Revolution Foods closes on $10M investment from Nuveen
The financial support will help Revolution Foods reach more schools and community sites nationwide and expand its portfolio of better-for-you products.
Revolution Foods, Oakland, Calif., closed on a $10 million impact investment from Nuveen, a Chicago-based global investment manager. The financial support will help Revolution Foods reach more schools and community sites nationwide and expand its portfolio of better-for-you products.
“Revolution Foods offers a unique opportunity to invest in a fast-growing company with a high-quality management team that has demonstrated clear impact across multiple sectors – health, education and economic inequality,” says Rekha Unnithan, impact investing portfolio manager at Nuveen. “This investment aligns with our goal of delivering positive long-term investment performance to clients while meeting our strategic objectives of inclusive growth with clear and measurable impact. The fact that this company is also led and co-founded by women and has a gender-diverse management team is an added bonus.”