Low-Sugar Vegan Candy Startup Yumy Bear Will Go Public At $50 Million Valuation

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Canadian confectioner Yumy Bear that offers a line of low-sugar and vegan gummy will start trading on CSE in July under the symbol “YUMY” with an anticipated $50 million enterprise value, and plans to expand to the U.S. in 2022.

“Our products taste amazing, and they’re naturally sweetened without sugar alcohols or artificial sweeteners,” Williams told me recently, stressing how her women-led team has also created a unique formulation process that allows Yumy Bear to deliver juicer and softer texture using plant-based ingredients instead of gelatin, an animal-derived component that’s commonly used in regular gummy.

The candy company has previously raised $2.5 million in an oversubscribed round at a $30 million market cap, which Williams believes represents the investor hype around the vegan food in general.

 

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is this the same Startup from Shark Tank?

Her phatt lying behind 😒

Xrp 🌪

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