Acton Capital Partners leads $6 million funding in Chef’s Plate
Chef’s Plate, a Toronto-based ingredient and recipe delivery service for Canadians, received $6 million in new funding, led by Acton Capital Partners. Existing investors Emil Capital and BrandProject also participated in the round.
Chef’s Plate says the new capital will be used to fund recruitment and market expansion across Canada, including a new fulfillment centre in Western Canada.
“Chef’s Plate is changing the way Canadians eat,” said a statement from Vancouver-based Acton venture partner, Hannes Blum. “In just under two years Chef’s Plate has grown to be the leader in the meal-kit delivery category in Canada. The company’s unique model makes it very well-positioned to grow quickly while preserving its value propositions of freshness, quality and convenience at a highly competitive price.”
LaBarge Weinstein LLP represented Acton Capital Partners with a team that included Randy Taylor, Kyle Lavender and Jordan Potechin.
Read more in the Globe & Mail article.