Ramen model raises $10 million in funding spherical1 min read
SAN FRANCISCO — Immediate ramen model immi has raised $10 million in a Collection A funding spherical. The spherical was led by Contact Capital with participation from Siddhi Capital, Gold Home Ventures, Anti Fund, Lab Capital Advisors and others.
The low-sodium, high-protein ramen producer will use the funds to create a number of management roles and increase its retail presence nationwide, constructing on its 2022 launch into Complete Meals Market, Wegmans and different distributors.
“This new increase is a large milestone for immi because it allows our group to additional enhance the standard of our merchandise, increase retail distribution, carry down costs and proceed broadening entry to nutritious and scrumptious Asian American meals,” mentioned Kevin Lee and Kevin Chanthasiriphan, co-founders of immi.
The model is also wanting so as to add to its present taste lineup, which incorporates Black Garlic “Rooster,” Spicy “Beef” and Tom Yum “Shrimp,” and can use among the financing to analysis and develop new everlasting, limited-time and co-branded partnership flavors.
“Contact Capital is thrilled to deepen its partnership with immi, because the immi group has managed the inconceivable: remodeling prompt ramen right into a low-carb, high-protein, and plant-based product that’s simply as crave-worthy as its traditional consolation meals predecessor,” mentioned a spokesperson for Contact Capital.
Immi beforehand raised $3.8 million in a seed funding spherical led by Siddhi Capital.
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