How Much Did 34 Degrees Raise?
Funding & Key Investors

34 Degrees has successfully secured a major strategic investment, bringing its total capital accumulation to $3.7M. This latest injection of $150K underscores the company's robust position within the competitive specialty food sector. By leveraging this financial backing, the organization is poised to accelerate its operational footprint and deepen its market penetration in the premium snacking category.

The funding history, which includes significant private equity involvement and subsequent debt financing, reflects a calculated approach to scaling production and distribution. As the company transitions through these growth phases, the infusion of capital serves as a critical catalyst for maintaining its trajectory in the gourmet food landscape.

What is 34 Degrees?

34 Degrees
ManufacturingFood & BeverageRetail

34 Degrees operates as a specialized manufacturer of thin, crispy crackers engineered specifically to pair with artisanal cheeses. By focusing on high-quality ingredients and a distinct, light texture, the company has carved out a niche in both the entertaining and everyday snacking segments. Their product portfolio, which spans flavors like Rosemary and Chili Flake & Olive Oil, alongside a dedicated gluten-free line, demonstrates a commitment to meeting evolving consumer preferences for premium, flavorful, and accessible food options. The firm's market position is defined by its ability to bridge the gap between gourmet culinary experiences and convenient, shelf-stable snack products.

How much funding has 34 Degrees raised?

34 Degrees has raised a total of $3.7M across 3 funding rounds:

2017

Private Equity

$3.4M

2020

Debt

$150K

2021

Debt

$150K

Private Equity (2017): $3.4M with participation from Fresca Foods Inc

Debt (2020): $150K led by PPP

Debt (2021): $150K supported by PPP

Key Investors in 34 Degrees

Fresca Foods Inc

A Colorado-based natural food products manufacturer and brand incubator with a long-standing history of supporting growth in the specialty food sector.

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for 34 Degrees?

With the recent strategic investment, 34 Degrees is expected to prioritize the optimization of its supply chain and the expansion of its retail distribution network. The company's focus will likely shift toward scaling its manufacturing capabilities to meet rising demand for its signature crisps while exploring new product development opportunities within the specialty food aisle. By maintaining its emphasis on quality and brand identity, 34 Degrees is well-positioned to capitalize on the growing consumer appetite for sophisticated, cheese-complementary snacks. Future strategic initiatives will likely involve enhancing brand visibility through targeted marketing and strengthening partnerships with key retailers to solidify its status as a leader in the premium cracker market.

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Frequently Asked Questions Regarding 34 Degrees Financial Insights

What are the most recent funding rounds that 34 Degrees has completed, and what were the funding rounds?
34 Degrees has recently completed 3 funding rounds: Debt on Jan 28, 2021, Debt on Apr 9, 2020, Private Equity on Oct 10, 2017.
What is the total amount of funding 34 Degrees has raised to date?
34 Degrees has raised a total of $3.7M in funding to date.
How many funding rounds has 34 Degrees completed?
34 Degrees has completed 3 funding rounds.
How much funding did 34 Degrees raise in its most recent funding round?
34 Degrees raised $150K in its most recent funding round.
Who are the lead investors in 34 Degrees's latest funding round?
The lead investor in 34 Degrees's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 34 Degrees's history?
The largest funding round in 34 Degrees's history was $3.4M.
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