May 23rd, 2019Salt & Straw
Salt & Straw Wins $4.2 Million Infusion to Expand Operations
The 19-unit chain accepted a $2 million investment from Oregon Venture Fund, which will be used in part to seed an artisan food incubator program, as well as improving the chain’s technology. Another $2.2 million came from individual investors in their fund as a sidecar.
Salt & Straw co-founder, president and CEO Kim Malek said the company first got to know Oregon Venture Fund while working on an incubator to support artisans, some of which have ended up bringing new and interesting ingredients to Salt & Straw’s ice creams, such as edible insect purveyor Don Bugito and bean-to-bar chocolate maker Woodblock Chocolate.