The Tyler Florence-backed organic cooking subscription service has secured $15m in a series B round featuring JF Shea to support the opening of its third distribution centre.
Sun Basket, a US-based subscription service for organic meal ingredients, raised $15m in a series B round backed by Shea Ventures, the corporate venturing subsidiary of real estate developer JF Shea, on Tuesday
The round was led by venture capital firm Accolade Partners and included Founders Circle, Vulcan Capital, PivotNorth Capital, Relevance Capital, Filter14, Baseline Ventures and undisclosed existing shareholders.
Founded in 2014, Sun Basket enables consumers to subscribe to weekly deliveries of pre-measured, organic, non-GMO ingredients with accompanying recipes.…