So excited to see what the ZOE team has in store for the US 🇺🇲
I'm excited to announce that Coefficient Capital, a leading NY investor in consumer businesses, has decided to invest $15 million in ZOE to support our growth in the US. This investment is a big vote of confidence in ZOE and our potential to improve the health of millions across the US. America is currently facing a health crisis. It has the highest rate of individuals living with multiple chronic health conditions. One in five American children live with obesity, and ultra-processed foods now account for 60% of calories in the American diet. The conclusion is clear: the food we are eating is slowly killing us. The need to make smarter food choices based on real science has never been greater. Although we weren't actively seeking investment, Coefficient Capital approached us because they believe ZOE has the potential to improve America's health. ZOE membership is already available in the US, but we are at an early stage, and this investment will support us in growing our US business. I want to thank the team at Coefficient Capital for their support and for sharing our vision. There is a lovely piece about us in TechCrunch. Click the link in the comments to take a look.