LOS ANGELES — Organic baby food brand Yumi has raised $67 million in a Series B funding round, adding more than 70 female investors or women-led firms to its capitalization table. The fundraise intentionally was launched to address gender inequalities commonly seen in venture capital and equity ownership, according to the company.
Founded in 2017, Yumi is a female-founded and-led direct-to-consumer provider of meals, snacks and vitamins for babies and children developed by nutritionists, pediatricians, metabolic health experts and chefs. The menu includes blends and finger foods that are organic, vegan and gluten-free.
“As a mission-driven brand, Yumi is focused on providing nutrient-dense, scientifically-based products that help parents better optimize their entire family’s nutrition,” said Angela Sutherland, co-founder and chief executive officer of Yumi. “Being a data-driven company based in the CPG space, a category…
