Good Culture LLC in Irvine closed a $3 million Series B round from three investors.
The maker of organic cottage cheese said the money comes from existing strategic investors CAVU Venture Partners in New York City and 301 Inc. in Minneapolis, and a new investment from Anders Eisner, chairman of the company.
Eisner and Chief Executive Officer Jesse Merrill founded the food company about two years ago. It makes sweet and savory types of cottage cheese and sells in about 700 stores around the country.
Eisner is the son of Michael Eisner, the former chief executive of The Walt Disney Company in Burbank.
CAVU Venture and 301 Inc. provided $2.1 million seed funding for the company in March.
CAVU Venture invests from $1 million to $30 million in consumer goods makers that make “better-for-you” products.
301 Inc. is the venture arm of consumer-foods maker General Mills in Golden Valley, Minn., which had sales of $18.7 billion in its most recent fiscal year. The venture arm invests in startups that make healthy foods. It provides sales, marketing, and supply chain strategy to Good Culture.
Good Culture is targeting the $1.1 billion cottage cheese market and young, fitness-minded consumers.
