ByHeart, a NYC-based infant nutrition company, raised $95M in funding.
They raised a total of $395M to date from investors including D1 Capital Partners, Bellco Capital, Polaris Partners, Two River, OCV Partners, AF Ventures, Red Sea Ventures, Gaingels and more.
The company intends to use the funds for the continued US commercial launch and development of its innovation pipeline.
Led by CEO Ron Belldegrun, ByHeart is an infant nutrition company and a three-time Clean Label Project Certified brand with end-to-end manufacturing facilities that allow for full control, ensuring all aspects of production are held to its quality standards.
Utilizing breast milk science, ByHeart brings to market clinically proven products which enable benefits like easier digestion, less spit up, softer poops, more efficient weight gain and enhanced nutrient absorption.
The company, which has manufacturing facilities in Pennsylvania, Oregon, and Iowa, is rapidly expanding and most recently launched in Thrive Market. By the end of 2024, ByHeart will expand to several additional retailers, making its clean, science-backed recipe easily available to parents everywhere.
Commenting on the news, Ron Belldegrun said: “We are committed to doing better for babies and their parents, and that means continued investments into end-to-end manufacturing, scientific advancement and meaningful innovation in an industry that so desperately needed it.”
FinSMEs
13/05/2024