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Beef Jerky Alternative Stryve Biltong Raises $16.5 Million in Series B

Beef Jerky Alternative Stryve Biltong Raises $16.5 Million in Series B
Credit: stryvebiltong.com

Stryve Biltong closed a $16.5 million Series B investment round led by Meaningful Partners, Pendyne Capital, and Murano Group.

According to the company, Stryve Biltong is on a rapid growth trajectory in the meat snacks category and, in just over a year, has become a leader in biltong snacks. Based in Plano, Texas, Stryve Biltong was founded by former NFL first-round draft pick Gabe Carimi and sports nutrition experts Ted Casey (founder of Dymatize) and Joe Oblas (founder of ProSupps). Stryve was created with the purpose of providing a convenient, all-natural snack without sugar or additives. Made with clean ingredients and high levels of protein, Stryve is designed to help curb cravings and achieve fitness goals.

Stryve Biltong plans to use this funding to increase its marketing investment to drive education, awareness, and continued investment in talent and operations.