Unbiased AI-powered news
Brami, a San Diego-based pasta company, closed a $33 million Series B round led by VMG Partners. The funds will support retail expansion and improvements to its lupini bean supply chain.
ForbesBrami, a San Diego-based company that makes high-protein pasta from durum wheat semolina and lupini beans, raised $33 million in a Series B round led by VMG Partners. Founder Aaron Gatti said the company has recorded two years of rapid growth and wider retail distribution. He noted that the scale of expansion has created new supply chain requirements.
VMG Partners, which has backed brands including KIND and Pirate’s Booty, made the investment through its $1 billion sixth fund. Wayne Wu, Principal at VMG Partners, joined Brami’s board as part of the transaction. Gatti said Brami expects roughly 400 percent year-over-year growth by the end of 2026 and is already profitable.
The company launched its pasta line in 2021 after starting as a cured lupini bean snack in 2016.
Brami is entering every Walmart location nationwide along with Kroger, Whole Foods Market, Target, and Costco stores, bringing its total retail presence above 4,000 doors. A large portion of the new capital will be used to secure additional lupini bean sourcing capacity in Italy. Gatti said the company works with Italian cooperatives that use regenerative farming practices for the crop.
NielsenIQ data cited in the report showed that the grain-and-legume pasta segment more than doubled over the past three years while most other alternative-grain pastas declined. Gatti said Brami accounts for a significant share of dollar growth in the overall pasta category.
Single source — no framing comparison available.
cnbc.comFederal Reserve Governor Christopher Waller said an above-target core inflation reading this week would require the FOMC to consider raising rates soon. He added that several months of cooler data are needed before he would view inflation as clearly declining toward the 2 percent…
middleeasteye.netHome Secretary Shabana Mahmood on 13 July 2026 announced the proscription of Iran's Islamic Revolutionary Guard Corps along with two other groups. Support for the organizations will become a criminal offense carrying up to 14 years in prison. The measures also expand police and i…
globalnews.caFifty-four financial and technology firms have joined a UK government taskforce to develop live tokenization use cases, beginning with tokenized repurchase agreements. The group includes BlackRock, JPMorgan, Goldman Sachs, Coinbase, Ripple, and Circle.