Sun Basket’s $58 Million Financing


Cooley advised Sun Basket, a health meal kit service, on raising a $42.8 million Series D led by August Capital and a concurrent $15 million in debt financing from Trinity Capital Investment, bringing the total new funding to $57.8 million

Founded in San Francisco in 2014 by Zbar and chef Justine Kelly, Sun Basket is an innovative healthy cooking service that delivers pre-measured organic produce, sustainable ingredients and easy, delicious recipes. According to Sun Basket, the new funding will be used to further build a true foodtech company that provides customers even more choice and personalizes their meals by leveraging their transaction data, dietary needs and preferences.

Cooley advised with a team including Dave Young (Picture), Steven M Dunst, Matt Beaudoin, Maricel Mojares-Moore, Tammy Weng and Kevin Yonei.

Involved fees earner: Dave Young – Cooley LLP; Steven Dunst – Cooley LLP; Matt Beaudoin – Cooley LLP; Maricel Mojares-Moore – Cooley LLP; Tammy Weng – Cooley LLP;

Law Firms: Cooley LLP;

Clients: Sun Basket Inc;

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Author: Ambrogio Visconti