Food Tech Nutrition Brand Muniq Raises $8.2M in Latest Funding Round
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Food Tech Nutrition Brand Muniq Raises $8.2M in Latest Funding Round

CEO and founder of Uplifting Results Lab, Marc Washington created Muniq — the LA-based, innovative consumer health and food-tech brand — in an effort to inspire more people to regain control of their health.

Today, Muniq announced in a press release the closing of a $8.2 million Series A investment round. The round was led by Alpha Edison and Acre Venture Partners, in addition to NBA star, Baron Davis, founder of SimplyProtein, Cathy Richards, and more private equity investors.

 

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“I created Muniq in honor of my late sister, Monica, who suffered from diabetes and other chronic health issues,” said Washington, who also has an extensive background as a health and wellness executive. “It’s always been my aspiration to help people regain control over underlying conditions, with products that can literally transform their health and that actually taste good.”

Muniq offers products like nutritional shakes formulated with scientifically-proven ingredients that include prebiotic resistant starch. They have the ability to drastically improve digestive health, weight management, blood sugar control, and more.

“I am inspired every time I hear about the life-changing impact Muniq is having on our customers’ lives,” Washington said in a press release. “And personally, as a Black founder, I am passionate about Muniq being part of the solution to help address the vast health disparities affecting Black and Brown communities.”

With COVID-19 significantly impacting Black and brown communities, Muniq is on a mission to cater to the underserved — specifically the multi-cultural diabetic community who is being highly impacted by the pandemic. According to the release, ultimately, Muniq’s goal is to close the health disparity gap for our community overall.

For more information on Muniq and its products, visit their website here.