$150 million has been raised to expand the global fruit snack market.

2025-10-30 00:00

Fruitist, a company based in Los Angeles, has successfully raised $150 million in equity financing. The funding was led by a fund managed by J.P. Morgan Asset Management, with participation from both new and existing investors. The company stated that the new capital will be used to support its expansion into international retail markets and to increase production capacity in order to meet the rising demand.

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