Wild Foods raises $25m from Mexico’s Glisco Partners

The capital raise was divided into equity and debt.

Wild Foods was founded in 2017 by Felipe Hurtado, Pier Paolo Colonello and Javier Castro, and whose aim was to help people procure greater nutrition instead of consuming what they call “junk snacks”.

Wild Foods has become a market leader in the packaged, nutritious food segment in Chile and begun its expansion into Mexico. The funds from the capital injection from Glisco Partners will assist the Chilean startup’s expansion.

Glisco Partners said it invested in Wild Foods because the company “is an omnichannel, asset-light business model with proven product track record in Chile, high growth potential through regional expansion, attractive market opportunity from the growing sports nutrition industry and increasing protein consumption, and a clear path to exit with strong M&A potential”.

Wild Foods was advised on the capital raise by Chilean law firm HD Legal and DLA Piper, and by its in-house counsel Ignacio Ruiz-Tagle participated as in-house counsel.