EAST HANOVER, NJ. — Better-for-you snacks manufacturer Undercover Snacks said it has raised $13.7 million of equity for a minority stake in the company. Led by Octagon Capital Holdings, 900 Chocolate Investors and the company’s founders, funds will be used for marketing initiatives to support the company’s growing retail footprint, including collaborations with major retailers, campaigns to bolster upcoming product launches, expansion of the company’s SQF-8.1 production facility in Hanover, including additional production lines and automation, and investments in building the company’s management team.

“We are incredibly excited to have the support of strong and savvy investment partners along with the resources to build Undercover into a preeminent, global, better-for-you snack brand,” said Diana Levy, founder, co-owner and chief executive officer of Undercover Snacks. “With this equity investment, we will expand our…

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