Kalahari Biltong, a Cambridge, MA-based new meat-based snack brand, closed on a round of equity financing of undisclosed amount.
The round was led by AccelFoods, a New York-based venture fund, exclusively focused on investing in innovative packaged food and beverage brands. In conjunction with this round of financing, AccelFoods’ Frank Zampardi joined Kalahari Biltong’s Board of Directors.
This round of funding will be used to launch the brand at retail, significantly expand manufacturing, rollout a field marketing program, and launch new flavors.
Co-Founded by Tyler Noyes, CEO, Brett Johnston and Robin Ginsburg, Kalahari Biltong is a manufacturer producing in the South African tradition of naturally air drying meat with simple ingredients, creating a cross between dry-aged beef, jerky, and prosciutto.
Biltong is air-dried for up to 21 days, resulting in thin, tender slices of beef that are lean, high in protein, sugar-free, and low in sodium.
FinSMEs
17/10/2017