SAN FRANCISCO — Instantaneous 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 broaden its retail presence nationwide, constructing on its 2022 launch into Complete Meals Market, Wegmans and different distributors.
“This new increase is a big milestone for immi because it allows our staff to additional enhance the standard of our merchandise, broaden retail distribution, convey down costs and proceed broadening entry to nutritious and scrumptious Asian American meals,” stated Kevin Lee and Kevin Chanthasiriphan, co-founders of immi.
The model is also trying so as to add to its present taste lineup, which incorporates Black Garlic “Rooster,” Spicy “Beef” and Tom Yum “Shrimp,” and can use a few of 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 staff has managed the unbelievable: remodeling immediate ramen right into a low-carb, high-protein, and plant-based product that’s simply as crave-worthy as its basic consolation meals predecessor,” stated a spokesperson for Contact Capital.
Immi beforehand raised $3.8 million in a seed funding spherical led by Siddhi Capital.