Tel: 804.864.1100

Tel: 804.864.1100

Nutriati Feeds Growth With New Investment

chickpeasOur client Nurtiati Inc. has gotten some great news that will help it expand its ability to bring healthy gluten-free protein to the nutritional foods market. A consortium of venture capital firms in London, Richmond and San Francisco is putting in $8 million towards the firm’s acquisition and processing of chickpeas into powder that can be used in making snack bars, baking mixes, shakes and as a substitute for eggs, wheat, soy and milk.

We were excited to be part of the team that has worked with Nutriati to get to this point. We are very confident that Nutriati has a robust future and are so proud of its founders Richard Kelly and Michael Spinelli. They also were the winner of ChamberRVA’s Innovator Award last fall.

If you want to know more about how we worked with Nurtiati on this financing or about corporate capital and financial law, please contact one of our business and corporate lawyers.