What is Flying Squirrel Bar?
Flying Squirrel Bar, operational since 2013, was recognized for its commitment to a local produce-driven menu and craft beverages, offering a relaxed atmosphere. Situated in Chattanooga's vibrant Southside, the establishment was known for its creative, seasonal dishes and a pet-friendly patio. It also featured happy hour specials, contributing to its reputation as a lively venue. Although the Flying Squirrel Bar has ceased operations, its location has been repurposed for Ernest Chinese, indicating a dynamic shift within the local culinary landscape.
How much funding has Flying Squirrel Bar raised?
Flying Squirrel Bar has raised a total of $441K across 2 funding rounds:
Debt
$150K
Debt
$291K
Debt (2020): $150K with participation from PPP
Debt (2021): $291K led by PPP
What's next for Flying Squirrel Bar?
Given the 'large-scale late-stage funding' context and the 'major strategic investment', the capital infusion into Flying Squirrel Bar, even retrospectively, suggests a phase of significant operational scaling or strategic repositioning. While the company is now closed and replaced by a new entity, the historical financial backing indicates a prior ambition for growth and market presence. The nature of the 'PPP' funding suggests government-backed support, likely aimed at business continuity or recovery during specific economic periods. The strategic investment points towards an intent to leverage the company's established brand or assets for future development, even if that development has manifested as a change in ownership or concept.
See full Flying Squirrel Bar company page
