Meal Kit Service Chef’d Raises $25 Million from Smithfield Foods Inc.

0
Meal Kit Service Chef’d Raises $25 Million from Smithfield Foods Inc.
On Way: Kyle Ransford at the El Segundo headquarters of Chef’d.

El Segundo-based meal kit delivery service Chef’d has raised $25 million from Smithfield, Va., pork producer Smithfield Foods Inc., the investor announced Monday.

Smithfield’s Series B investment round adds to a $10 million round announced in June from Campbell Soup Co. and online grocery delivery business Fresh Direct.

Chef’d, which was founded in 2015 by Chief Executive Kyle Ransford, will get access to Smithfield’s manufacturing and distribution facilities, the company said in a press release. Smithfield said it’s the largest pork producer in the world.

Caroline Anderson is a staff reporter covering retail, restaurants and hospitality. She can be reached at 323-556-8329.

No posts to display