Beanfields Snacks, a well-known brand of bean and rice tortilla chips, today announces its partnership with Mark Rampolla, Bruce Friedman and Powerplant Ventures; a plant-based venture fund. Mark Rampolla is the founder of ZICO Coconut Water, which has changed the beverage industry and was acquired by The Coca-Cola Company in 2013. Bruce Friedman is a successful media investor and an operator in the health and wellness sector. Powerplant Ventures is a Los Angeles-based venture fund set up by Rampolla and Veggie Grill Founders T to promote a plant-based movement. K, K Pilan and Kevin Boylan
This acquisition will excel the growth of Beanfields through the combined expertise of the investment team, robust networks and operational experience in the sector. In addition, Beanfields has launched an equity and revenue-sharing partnership with local non-profit Los Angeles, Homeboy Industries; the world’s largest gang intervention, rehabilitation and re-entry program, founded by Fr. Greg Boyle’s
In 2011, Beanfields was founded by Reed Glidden, his wife Liza Braude-Glidden, and his brother Roy Glidden. The brand has started with a philosophy that business can be used as a driving force to do good. This mission is reflected in the Beanfields list of plant-based, non-GMO snacks that deliver great taste with simple ingredients that are better for people and the environment. The commitment of the brand to social impact and ‘chipping in’ is perfectly in line with the mission of Powerplant Ventures to invest in globally changing, plant-centric companies that deliver better nutrition in more sustainable and ethical ways.
“I couldn’t be happier if we found partners in Mark and Bruce who not only share our mission to remake the food industry, but also share our values about doing so in a socially responsible way,” said Reed Glidden.
“The Beanfields team has built a great brand, rooted in deep social values, which makes some of the best tasting, most nutritious chips on the planet,” said Mark Rampolla, Co-Chairman of Beanfields. “Fr” Greg Boyle and the Homeboy Industries team are outstanding at creating job paths for people who desperately need and want them. We are trying to help both of these organizations to scale up their impact together “That’s right.
“At Homeboy Industries, we are dedicated to providing our clients—previously incarcerated, gang-involved and high-risk youth—with an invaluable opportunity to transform their lives so that they can become members of our society,” said Tom Vozzo, CEO of Homeboy Industries. “We are honored that Beanfields—a socially aware company committed to giving back—will enter into an ongoing revenue-sharing partnership with us. This innovative ownership structure will allow us to continue to scale up the impact of our work and serve the community. “That’s right.
About Beanfield Snacks
Beanfields Snacks, a manufacturer of Beanfields Bean and Rice Tortilla Chips, is a Certified B Corporation. Beanfields Bean and Rice Chips delight your taste buds in every delicious crunch with seven tempting flavours: Sea Salt, Nacho, Pico de Gallo, Jalapeño Nacho, Black Bean and Sea Salt, White Bean and Sea Salt, and Barbecue Beanfields Chips are always plant-based, gluten-free certified, non-GMO Project Verified, kosher and allergy-friendly. Beanfields bean and rice chips are sold in all 50 states and in Canada, Australia and the United States. K, K , and some other countries Full-sized Beanfields Bean and Rice Chips bags suggested $2 retail price. 99 – $3 99. 99. Snack-size bags are $1 19 – 1 USD 49 Uh, For more information about Beanfields, please visit www. Beanfield snacks Come on,
On the Power Plant Ventures
Founded in 2015, Powerplant Ventures is a venture fund that promotes globally-changing, plant-centric companies that deliver better nutrition in a more sustainable and ethical manner. With deep networking and operational experience in plant-based innovation, natural food distribution and venture investment, Powerplant Ventures is equipped with a unique ability to identify, attract and advance a portfolio of emerging companies across the food and technology intersection. The Fund looks beyond the bottom line to work with companies focused on impacting the global food system with transparency and sustainability. For more information on Power Plant Ventures, please visit www. Power Plants Come on,
About the Homeboy Industry
Homeboy Industries is the largest and most prominent program of gang rehabilitation and re-entry in the world. Homeboy offers an “exit ramp” to those trapped in the cycle of violence and incarceration, helping them develop the strength and skills to transform their lives and become part of society. The holistic approach of the organization, with free services and programs, supports 10,000 men and women a year as they work to overcome their past, reimagine their future, and break the intergenerational cycle of gang violence. Therapeutic and educational services (case management, counseling and classes), practical services (e) g The g Removal of tattoos, readiness to work and legal assistance) and vocational training-focused business (e) g The g Homeboy Bakery, Homegirl Café, and Homeboy Silkscreen & Embroidery) provide healing alternatives to gang life while creating more inclusive and healthy communities. For more information on the Homeboy industry, please visit www. Homeboy Industry Organ
Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Beanfields%20Snacks/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co
