Jackfruit Company Attracts $5 Million Investment from Grosvenor Food & AgTech

Grosvenor Food & AgTech has reaffirmed its commitment to plant-based innovation by contributing to a $5 million equity investment in The Jackfruit Company, the leading jackfruit brand in the United States. This investment is part of a larger initiative to enhance healthy, sustainable food offerings for consumers, aligning with a growing demand for nutritious, clean-label foods that address modern dietary preferences while supporting environmental sustainability. The Jackfruit Company, known for its jack&annies brand, has successfully expanded its presence to over 1,500 retail and food service locations across America. In collaboration with Performance Food Group (PFG), The Jackfruit Company has launched a new Beef & Jackfruit Burger that blends jackfruit with premium beef, offering a healthier alternative to traditional beef burgers. This product innovation provides a 40% reduction in saturated fat and a 30% reduction in cholesterol compared to standard beef burgers, without compromising on taste or texture. Katrin Burt, Managing Partner at Grosvenor Food & AgTech, emphasizes the alignment with their mission to support companies that prioritize consumer health and reduce environmental impact. Annie Ryu, CEO of The Jackfruit Company, highlights the role of investment in accelerating the mission to bring healthier food choices to more people.