Blue Apron founder raises $10M for chicken-breeding company Cooks Venture
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Matthew Wadiak, a co-founder and former chief operating officer of Blue Apron, raised $10 million in funding for his new company, Cooks Venture.
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The company raises heirloom chickens with a focus on the health of the birds and the health of the environment they live in, according to a release about the investment Wednesday.
With the $10 million Series A investment, Cooks Venture will be able to grow to a larger scale and strengthen its “regenerative crop management program,” the release said.
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"As the structural flaws in the meat industry have recently become painfully clear, we know our vision could not come at a more important time," Wadiak, Cooks Venture’s CEO, said in a statement. "We are working hard to drive the agricultural industry toward greater biodiversity, breed diversity, and true transparency for consumers. Our innovations provide food security while supporting regional communities."
The round of funding was led by SJF Ventures and Cultivian Sandbox, according to the release.
"Cooks Venture is that rare company that improves the food system across every dimension — for farmers, animals, consumers, and the planet,” Dan Phillips, Cultivian Sandbox’s managing director, said in a statement. “The taste and texture of their chicken is simply unmatched, and we're thrilled to partner with Matthew and his team to help bring this experience to more consumers.”
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Cooks Venture also announced a partnership with Food In Depth (FoodID), a food safety startup that tests and verifies claims that chicken is antibiotic-free and devoid of other synthetic inputs.