US food delivery service FreshDirect has said it has raised US$31m in capital through a private placement of equity securities.

AIG-sponsored funds, advised by AIG Global Investment, invested $15m, while the remainder was funded by several investors, including CIBC Capital Partners and Canyon Partners.

New York-based FreshDirect has been operating its delivery service for about a year, and is now operating at annualised sales of over $75m, reported Reuters.

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Which ingredients are trending in Consumer Packaged Goods in 2022?

Consumer Trends
Ingredients in Food & Drink
Ingredients in Beauty & Grooming
Ingredients in Household Care

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USA: FreshDirect raises $31m through private placement

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