Conceptual Superfood Sweet Partnerships
Blue Stripes Secures Funding for its Superfood Chocolates
Kanesa D — January 22, 2025Blue Stripes has raised $20 million in a Series B funding round to expand its innovative line of superfood chocolates. This round, led by investment firm Zintinus, included backing from major players like Hershey’s.
"Blue Stripes is aiming to greenify one of the world’s most wasted fruit, which is also responsible for a highly polluting industry. Cocoa production has driven deforestation in key producing countries – in Ivory Coast (the largest cacao grower), over 85% of forest area has been lost since 1960."
By upcycling the entire cacao fruit, the company utilizes often-discarded parts like the cacao pulp and shell, transforming them into nutrient-packed superfood products. The $20 million funding will support Blue Stripes in scaling its operations, developing new products, and broadening its market reach.