Urban Agriculture Startup Gotham Greens Closes $29 Million Round of Funding

Urban Agriculture Startup Gotham Greens Closes $29 Million Round of Funding

Gotham Greens, a technologically advanced urban agriculture startup, has closed a $29 million Series C financing round, bringing its total equity funding to $45 million, according to Fortune.

The Brooklyn-based company says the same investors that have backed them from the beginning continue to invest. “They’re sticking with the company. They like the profitability and the returns,” says co-founder and CEO Viraj Puri.

But a new investor, global investment company Creadev, joined the club with a “significant” investment. Creadev is funded by the Mulliez family– one of the wealthiest families in France.

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Austin Coffee Company, High Brew Coffee Closes $20 Million in Funding Round

Austin Coffee Company, High Brew Coffee Closes $20 Million in Funding Round

Ready-to-drink cold brew coffee brand, High Brew Coffee has closed a $20 million funding round that was led by Charles Street Partners. This investment has become the Austin, Texas brand’s largest investment to date.


The recent funding is considered to be non-traditional due to the celebrity investors they rounded together such as, members of rock band Kings of Leon, and celebrity chef Tim Love.

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What You Can Learn From Nestlé Toll House Café by Chip Franchisee Incentives

What You Can Learn From Nestlé Toll House Café by Chip Franchisee Incentives

Finding the right investors for one's business can be an arduous task. Between meetings, presentations, and coming up with the best ways to market a concept– an operator can be left exhausted at the end of the day and sometimes to no avail.

One way to find investors to buy into your franchise is to start investing in your business yourself.

While there are many ways to help your business grow, like investing in your company culture, hiring the right kind of team, and improving the product quality of a business– when it comes to scaling, things can get tricky.

One effective way to get the attention of people with the big bucks is by creating attractive franchise incentives and limited-time offers that investors simply can’t resist.

A good example of this is currently being rolled out by Nestlé Toll House Café by Chip, which recently announced a “Buy 3 Get 2 deal,” along with 50 percent off franchise fee in 30 regional malls.

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&pizza Takes a Slice of the Big Apple With $25 Million Investment

Happy National Pizza With Everything (Except Anchovies) Day. // It's a real thing.

A photo posted by &pizza (@andpizza) on

Looks like one fast-casual pizza chain is now rolling in dough. &pizza — a trendy, quirky brand known for the personality it packs and for the gourmet handcrafted pizza pies that come with it — landed a $25 million investment deal with private investment firm AVALT. AVALT has invested in foodservice giants such as Dunkin' Donuts, Domino's Pizza, and Outback Steakhouse before, hinting at the potential they see in this up-and-coming pizza star. 

And with big promise, where else to go but the Big Apple? Headquartered in Washington, D.C., and making its home in the surrounding area with 18 locations, &pizza is expanding into New York City. A brave move, considering New York and the diehard pizza fans who reside there appreciate the area's particular style of thin-crust, wide slices.

According to Bizjournals, this investment is building on another $1.9 million investment the restaurant secured in 2014 and with the $10 million it raised in 2015. Along with joining in the New York competition, CEO Michael Lastoria anticipates further developing the company in D.C., North Virginia, Baltimore, and Philadelphia, the last two being the most recent markets it entered this year. &pizza will end 2016 with 21 locations and expects to open the first New York store in Midtown Manhattan toward the middle of next year. In total, between eight and 12 &pizza doors will open in 2017.

"We're not competing to put as many stakes in the ground as possible," Lastoria said. "We want to be as thoughtful as we can about smart growth."

No better day for National Iced Tea Day.

A photo posted by &pizza (@andpizza) on

Will this brand succeed? It wouldn't be surprising. If the millennial generation could be put into a pie, it might look like &pizza. Not only does the restaurant chain localize each store design and dedicate itself to the communities it serves by using local ingredients (not to mention the fact they use organic dough and have gluten-free dough available), its fun, inventive flavor combinations (such as the "Elvis," which features banana, bacon, chocolate-hazelnut peanut butter, and grape jam) and company culture are also high selling points.

Its team of more than 300 employees are referred to as members of their "tribe" and Lastoria has been an enthusiastic supporter of the $15 an hour minimum wage increase to support the living costs of his staff. Millennials are nothing if not attracted to the unique and socially-conscious. &pizza nails this to a T, especially with its &CHARITY philanthropy and various beverage options, whether it is craft soda or from their &WINE or &TEA lines.

"We wanted to create a brand built with purpose on the shoulders of our tribe and providing starting wage significantly above the minimum,” he said.

Where will this self-proclaimed "anti-establishment establishment" go from here? New York will find out and it'll be exciting toss up to see how it will break barriers.

Danny Meyer's Union Square Hospitality Group Invests in LA-Based Fast Casual Tender Greens

Danny Meyer's Union Square Hospitality Group Invests in LA-Based Fast Casual Tender Greens

By Jessica Bryant, Managing Editor

Danny Meyer is a guy you want to have sitting at your table — or more specifically, on your Board of Directors. Luckily, for three fast-casual co-founders, that’s become a reality. Recently, Tender Greens, an LA-based fast casual, announced a significant minority investment led by Danny Meyer’s Union Square Hospitality Group, along with growth equity firm Alliance Consumer Growth. For USHG, which has been around for 30 years, this is the first investment of its kind.

Talk about an epic 10-year anniversary present for Tender Greens.

But what exactly is it about the concept that appealed to Meyer, industry innovator and iconic CEO and founder?

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