Advantage Capital Agribusiness Partners invests in Pasta Chips

Pasta Chips has secured a new $3m investment from Advantage Capital Agribusiness Partners (ACAP), Silas Capital and Emil Capital Partners.

Set up by US-based entrepreneur Jerry Bello, Pasta Chips and the brand's new Pasta Bow Ties offer quality, Italy-inspired snacks made from durum wheat semolina flour, and baked as a better-for-you snacking alternative.

The brand integrates farro, a higher protein grain for a more nutrient-dense product, and embeds fine seasonings based on regional Italian favourites for robust taste and crispy texture throughout.

Bello said: "At Pasta Chips, we are recreating the pasta aisle in snack form using only fresh pasta dough and quality ingredients for a crispy, better-for-you dip and chip option.

"We wanted to create Pasta Chips as a healthier alternative to the tasteless and overdone options in the deli aisle. We're dedicated to innovating new products to offer our consumers premium ingredient, gourmet taste, and snack food products that have a greater focus on nutrition."

ACAP is a $154.5m fund that is licensed as a Rural Business Investment Company (RBIC) by the US Department of Agriculture (USDA).

Advantage Capital principal Tyler Mayoras said: "Pasta Chips has been setting a new standard for products in the better-for-you snack aisle since the brand's launch in 2013.

"This is a company that is innovating the snack brand marketplace and proving that baked chips can be regionally inspired, healthy, and tasty."

Pasta Chips will use the investment to further accelerate the brand's rapid growth and awareness of the wholesome snack option.

The brand will also release new pasta product lines and innovations, as well as increase distribution from formative retailers such as Walmart, Costco and Safeway.

---

Image: Advantage Capital Agribusiness Partners invests in Pasta Chips. Photo: courtesy of Pasta Chips.