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Nutter Represents Slate Craft Goods, Inc. in Its $23 Million Series B Financing
Print PDFNutter advised Slate Craft Goods, Inc. in connection with its $23 million Series B financing. Led by Foundership Ventures, a new fund by Yasso frozen greek yogurt co-founders Drew Harrington and Amanda Klane, the financing round will fuel the growth of the protein drink company. The Nutter team was led by Will Bernat and included Elizabeth Myers and Francesca Considine.
Established in 2019, Slate was a pioneer in the high-protein product industry and appeared on ABC’s Shark Tank. With this new funding, the company will expand to 100,000 points of distribution across 20,000 stores nationwide by the end of 2025. Slate will also launch several line extensions, including a 20 gram protein Strawberry milk at Sprouts Farmers Market, a 30 gram protein Cookies & Cream milk at Target, and a 30 gram protein Salted Caramel flavor at Walmart and Albertsons banner stores. New “Ultra” 42 gram protein options in Chocolate, Vanilla and Salted Caramel will also be available in retailers across the country.
Nutter’s Food and Beverage group represents clients at every stage of growth, including brands, brand executives, retailers, enabling technology companies, angel investors, venture investors, private equity investors, and strategic investors. With a deep understanding of this marketplace, Nutter’s Food and Beverage group is an interdisciplinary team of lawyers with expertise in a wide variety of areas, including corporate organization and structuring; tax planning; angel, venture, and private equity financing; asset based, venture, and traditional lending; vendor, co-packing, and manufacturing arrangements; global distribution and licensing; warehousing and fulfillment; joint ventures; advertising and product placement; and more.
About Nutter
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s corporate, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates practices are national in scope. The firm was co-founded in 1879 by former U.S. Supreme Court Justice Louis D. Brandeis, before his appointment to the Court. For more information, please visit www.nutter.com and follow the firm on LinkedIn.
