Sfoglini completes $2.5m financing round led by Almanac Insights to fuel its organic pasta empire

By Elaine Watson contact

- Last updated on GMT

Sfoglini completes $2.5m financing round led by Almanac Insights to fuel its organic pasta empire
New York based organic pasta maker Sfoglini has completed a $2.5m financing round led by Almanac Insights, an investment fund created by David Barber, co-owner of award-winning farm-to-table restaurants Blue Hill and Blue Hill at Stone Barns.

Sfoglini​ (pronounced ‘sfo-lee-nee’) - which recently moved to a production facility in upstate New York 10 times the size of its original site in Brooklyn - generated annual sales of $1m before the move, but is expected to double that this year, reaching $10m “within the next few years​."

Known for its use of local ingredients, organic American grains and unusual pasta shapes, Sfoglini also makes long and fresh pasta, said co-founder Scott Ketchum.

“This partnership comes at just the right time for us, and Almanac Insights is just the alchemy we need to transition from a small startup in Brooklyn to a mass-production pasta maker at our new state-of-the art, large-scale facility.”

Launched in January 2018, Almanac Insights​ is a $30m fund for agriculture and hospitality technology, CPG, and experiential retail companies that typically invests in seed or series A rounds for early stage brands.

To date, it has made investments in several high-profile food and beverage companies​ including self-heating can co HeatGenie​, salad/grain bowl retailer sweetgreen, organic baking brand Foodstirs​, almondmilk maker New Barn​, sparkling water maker Spindrift​, packaged soup brand Nona Lim, food business incubator network Pilotworks, and Blue Cart, a wholesale order management platform for buyers and sellers in the hospitality industry.  

hemp_zucca-sfloglini

Sfoglini​ makes a wide array of specialty pastas from emmer reginetti and red fife zucca to einkorn macaroni, spelt fusilli, as well as traditional organic durum semolina pasta.

Pictured: hemp zucca

sfoglini-pasta
Sfoglini pasta is dried at low temperatures, after being cut with specialty bronze dies that help to create a distinctive al dente texture.
Sfoglini Pasta
Sfoglini pastas ($5.99-$7.99 MSRP) are sold at Whole Foods; Jet.com; Amazon.com and at www.sfoglini.com.
Hemp-Sfoglini Pasta

 

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