Cerebelly, the Science-Backed Baby Food Brand Designed for Optimal Brain Development, Closes Oversubscribed Series A Round
Summary
Lead Investors include Knudsen Capital, H Venture Partners, Imaginary Venture Capital Partners, Babybelly LLC, Redcap Investments LP, as well as the Cerebelly Founders, Core Board Members, and Management Team InvestorsNEW YORK, March 9, 2023 /PRNewswire/ -- , the first and only science-backed, cognitive development-focused baby food brand, announced today the recent closing of an oversubscribed Series A funding led by previous major investors, management and founders, and joined by strong new investors, all committed to continuing funding the companys growth.Cerebelly was founded in 2019 by a practicing neurosurgeon and Stanford PhD, developmental neurobiologist and mom of three children of her own. Cerebelly was the first ever shelf-stable childrens food brand to receive The Clean Label Project Purity Award and tests ingredients and finished products continuously. Achieving 10x growth compared to the total baby food category, Cerebelly is now sold, not only at Cerebelly.com, but also at Amazon, Thrive Market, and over 8,200 retail stores nationwide including Whole Foods, Target, Meijer, Kroger, and its most recent launch at Walmart and Walmart.comCerebellys oversubscribed Series A closure was enabled by its continued investor passion for the nutritional advancement mission of the company to make superior nutrition accessible for children everywhere to get the best start possible. Planned uses of the investment include product development and innovation, brand marketing, expanding digital presence, and retail growth for heightened accessibility globally. Founded in 2019 by a practicing neurosurgeon, PhD in developmental neurobiology from Stanford, and mom of three Cerebelly is developed based on decades of research that demonstrated that various regions of the brain grow and peak at different times each having their own nutrient needs to support seeing, hearing, memory, cause and effect, attention and social awareness.