Chickapea closes $4.25M round led by AGT Foods

High-protein pasta brand Chickapea successfully closes a $4.25 million funding round.

Led by AGT Foods, one of the world’s largest pulse and staple food ingredient suppliers, the round also welcomed a new key investor, FCC Capital, Farm Credit Canada’s investment arm. Existing partner InvestEco also participated in this round.

Murad Al-Katib, president and CEO of AGT Foods, also joins Chickapea’s board of directors.

The investment follows a period of major momentum for Chickapea, which has achieved velocity increases of 25-50 per cent across retail channels in Canada and the U.S this year.

“This funding round is a testament to the incredible work our team has done and the strong market performance we’ve achieved,” said Shelby Taylor, CEO and founder of Chickapea. “We’re thrilled to have the support of AGT Foods, FCC, and InvestEco. Their partnership will be instrumental as we continue to scale our brand, meeting growing consumer demand, expanding our retail presence and exploring new channels.”