Nick’s raises US$100m in Series C funding to expand presence in healthy snacks market

SWEDEN – Swedish healthy snacks company, Nick’s is set to expand its presence in the better for you snack market following a successful series C funding where it raised US$100 million.  Kinnevik, Ambrosia Investments, and Temasek led the funding round along with Gullspång, an early investor in Oatly.  Nick’s describes itself as a ‘better-for-you snack brand that delivers “the experience of full fat, full sugar snacks with a fraction of the calories and no added sugar”.  The company says it will use the funding from the latest round to expand its…

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