USA – Ancient Nutrition, maker of bone broth and collagen has secured US$103 million in funding, an investment aimed at improving the company’s resources and growth.
Ancient Nutrition Bone Broth Protein is a natural, easily digestible PURE protein powder complete with 20 g of body-building, gut-friendly protein per serving, produced with no added salt, sugars, colors, preservatives or artificial ingredients.
The range targets healthy-conscious consumers, sensitive to dairy, grains, eggs, beef, nuts and legumes sine they are paleo friendly, free of common allergens and an ideal protein source.
The company aims to improve its paleo, collagen, and grass-fed supplement trends through a stable supply chain involving Whole Foods Market, Sprouts, speciality US retailers, and online, shipping directly to consumers.
Through these products, it seeks to deliver clean ingredients that fuel the body and mind, restoring us to the health, strength, and vitality, said the company.
According to Jon Marshall, vice president VMG Partners, a private equity firm that led the funding, the funding will deliver on a shared vision for the future of real food nutrition.
“We are completely blown away by the calibre of the Ancient Pioneers co-investor network and the expertise and enthusiasm that this group brings to the table.
At VMG, we are passionate about building community and driving thought leadership in the emerging brand space.
This truly remarkable group of more than 100 incredible individual co-investors joining together to support Ancient Nutrition is a testament to this community we are building that supports entrepreneurs and the emerging brand ecosystem as a whole,” said VMG Partners managing director Wayne Wu.
VMG, which has invested in companies including Kind, Quest, and Vega, specializes in backing branded-consumer products companies.
Ancient Nutrition was co-founded in 2016 by Axe and Jordan Rubin, who sold his previous nutritional health products company to Nestle for US$2.3 billion at the end of 2017.
This makes Ancient Nutrition stand out as a leader in the food movement, including protein, gut health, clean nutrition, and the paleo diet.