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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. View this post on Instagram A post shared by Muniq (@muniqlife) “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...
Partake Foods — an allergy-friendly cookie company — closed a $1 million funding round this week led by Marcy Ventures , Jay-Z’s venture capital firm. The New Jersey-based company launched in 2016 after its founder, Denise Woodard, needed to find snacks for her daughter who’d just been diagnosed with a list of common food allergies. Woodard developed a recipe for cookies that excluded wheat, tree nuts, peanuts, milk, eggs, soy, fish, and shellfish. The company has five cookie flavors ranging from double chocolate chip to carrot oat. Each box costs $4.99 in retail stores and two boxes cost $14.99 on Amazon . The cookies are currently carried in Whole Foods, Wegmans, and over 300 other specialty grocery stores. Partake Foods plans to expand to at least 1,000 more stores by the end of the year. Marcy Ventures invested in another food-focused startup early this year. The firm provided $8 million in funding to Arlington, Va.-based food-tech company, Hungry Marketplace, for its Series A...