Friday, September 18, 2015

Vulcan Capital Joins Round For Healthy Food Subscription Firm Sun Basket

Seattle-based Vulcan Capital, Paul Allen's venture capital investment arm, has backed a subscription food and delivery service in San Francisco, called Sun Basket. Sun Basket delivers weekly GMO-free, gluten free, paleo, organic, and vegeterian ingredients from local farms on the Pacific Coast. The company said Thursday that it has raised $4.5M in a funding round. The funding was led by PivotNorth Capital and Baseline Ventures, and also included Paul Allen's Vulcan Capital, Roth Capital, The Florence Group, Rembrandt Ventures, Correlation Ventures, Relevance Capital, Lucas Venture Group, along with angels.