Press Release – Venture Wire

 

North Miami, Fla.

 

Nueva Cocina Raises $2.25M For Latin Food Line

By Staff Reporters

1/15/2008

Nueva Cocina Foods has raised $2.25 million in expansion capital to grow its distribution reach and line of all-Latin food products.

Antares Capital Corp. led the round of financing. The firm was joined New World Angels, a southern Florida angel investor group.

Nueva Cocina's current line includes rice mixes, soups and seasonings. The North Miami, Fla.-based company plans to introduce a line of frozen appetizers, entrees and marinades, and to adapt its retail product lines for the restaurant market. The company's products are sold at major supermarkets throughout the Southeast.

Antares Capital invests across the Southeast and Texas.

http://www.nuevacocinafoods.com