# Barnana

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/barnana

- Industry: Food
- Headquarters: Santa Monica, US
- Website: www.barnana.com
- Total disclosed funding: $1M
- Latest round: Series B (Jan 1, 2013)
- Investors on record: 2

## About

Barnana is a company focused on creating organic snacks, specifically plantain chips and banana bites, utilizing sustainable practices to meet the demands of health-conscious consumers.Founded in 2012 in Santa Monica, US, Barnana specializes in organic snacks made from upcycled ingredients. Founded by Caue Suplicy and Nik Ingersöll, the company has undergone no significant pivots. With its headquarters in Santa Monica, Barnana has secured a total of USD 5.3 mn through three funding deals, with the latest round being a Growth financing led by Trently Advisors on January 18, 2017.Barnana specializes in the production of organic snacks, primarily focusing on plantain chips, grain-free tostones, and banana bites. Their core offerings are designed to provide healthy and convenient snacking options that appeal to health-conscious consumers. The products are made from simple, natural ingredients, catering to those seeking non-GMO and gluten-free alternatives. Barnana aims to address food waste through upcycling by utilizing overripe bananas and other ingredients that might otherwise go to waste, thus contributing to environmental sustainability. The company serves a diverse customer base, including health-focused individuals, outdoor enthusiasts, and those seeking clean-label snacks, and its products are available in various geographical markets, including the United States and parts of Europe.Barnana generates revenue through direct sales of its snack products to consumers via retail partnerships and online platforms. The transaction structure typically involves wholesale agreements with retailers and distributors, allowing for the products to reach a wide audience across supermarkets and specialty health food stores. The company’s pricing strategy reflects the premium nature of its offerings, positioning its snacks as high-quality, organic products. Barnana's flagship products, such as its plantain chips and banana bites, are marketed for their unique taste and nutritional benefits, appealing to a growing market of health-conscious consumers. The company is committed to expanding its footprint in the snack food industry while maintaining its focus on sustainability and high-quality ingredients.Following the recent Growth financing of USD 5.3 mn led by Trently Advisors in January 2017, Barnana plans to invest in the development of new product lines, enhancing its offerings in organic snacks. The company aims to expand its presence in additional markets, targeting Europe and Asia by 2025. This strategic initiative is aimed at leveraging the available funds to support product innovation and market expansion, thus enhancing Barnana's market share in the health food sector.

## Funding rounds

- Series B, Jan 1, 2013, $1M — Foundry Group, Finn Capital Partners

## Investors

- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B
- Finn Capital Partners (https://capitalatlas.ai/funds/finn-capital-partners) — Series B