Momofuku raises $11.5 million in commodity growth funding round

NEW YORK – Restaurant staples brand Momofuku Goods has raised $11.5 million in a funding round led by Alliance Consumer Growth. Momofuku Goods investor Siddhi Capital also joined the funding round.

With the latest funding, the company will expand its products across the country.

“Alliance Consumer Growth has an outstanding track record of supporting consumer brands that have become iconic, and we are excited that they see similar potential in Momofuku Goods,” said Marguerite Zabar Mariscal, Co-Founder and Chief Executive Officer of Momofuku. Merchandise and CEO of Momofuku. “We are grateful to have ACG’s expertise alongside Siddhi as we continue to navigate the world of consumer packaged goods.”

In March, the company raised $17.5 million in Series A funding, also led by Siddhi Capital. These funds were used to expand product offerings and support growing operations.

Founded in 2019, Momofuku Goods offers a range of pantry staples that include crispy chilies, air-dried noodles, soy sauce, rice vinegar, and seasoned salts. The brand can be found in stores such as Target, Whole Foods, Wegmans and many independent retailers.

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