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PeaTos Picks Up $12.5M From Post Holdings

Los Angeles-based snack chip maker PeaTos has raised $12.5M more in funding, in a new, Series B funding round, the company said on Tuesday. The funding was led by cereal maker Post Holdings. PeaTos has now raised $19.5M in the last six months for its pea-based chips. The food startup is led by founder and CEO Nick Desai. The company says its products are now available in over 4,700 retailers.