Oats Overnight, a US business selling drinkable oatmeal, is looking to set up a facility in Ohio.
The Arizona-based business, founded in 2016, has received approval for a new site in West Chester Township.
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According to the Ohio state government, Oats Overnight expects to create 179 full-time jobs at the location.
Just Food has contacted Oats Overnight for further details.
In March, the company announced it has raised “$20m-plus” in a Series A funding round. Oats Overnight said part of the proceeds would be used to help fund the construction of a new production site in Phoenix.
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Former professional poker player Brian Tate set up Oats Overnight seven years ago. The company’s “spoon-free” drinkable oatmeal is sold at retailers including Walmart, Whole Foods Market and HEB.
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By GlobalDataWhen the company revealed its Series A funding, it said it “is on a $100m-plus gross revenue run rate”. Just Food has asked for clarification.
Participants in the funding round included VC firm Singh Capital Partners and consumer-focused VC BFG Partners.
The capital is also set to be used on “significantly” expanding Oats Overnights’ presence in the retail channel and help with its product development.
Every month, the company, which also sells directly to consumers, shares its new flavours with its subscribers before the products are launched to get feedback.
“Our customers debate it all in our private Facebook group, averaging over 1,000 comments per day,” Tate said when the Series A funding was announced.
