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Outstanding Foods Finds $5M

Los Angeles-based Outstanding Foods, a developer of plant-based snacks--known for its PigOut Pigless Pork Rinds--said the funding was led by SternAegis Ventures, and also included LA lakers player JaVale McGee. The company said it will roll out new products with the funding round, and also use the capital for faster R&D, nationwide marketing, retail expansion, and hiring. Bill Glaser is the CEO and co-founder of Outstanding Foods. Outstanding Foods said its products are all free from gluten, soy, GMOs, trans fats, and cholesterol, and that it gives back to nonprofits that help improve the well-being of farm animals, the environment, and the health of the communities it serves.