Momofuku Goods growth funding round raises $11.5 million

Food Entrepreneur NEW YORK — Restaurant-grade pantry essentials brand Momofuku Goods has raised $11.5 million in a funding round led by Alliance Consumer Growth. Momofuku Goods investor Siddhi Capital also joined the funding round.

With the latest funding, the company will expand its products nationwide.

“Alliance Consumer Growth has a remarkable track record of supporting consumer brands that have gone on to become iconic, and we’re thrilled that they see similar potential in Momofuku Goods,” said Marguerite Zabar Mariscal, co-founder and chief executive officer of Momofuku Goods and CEO of Momofuku. “We’re grateful to have ACG’s expertise, alongside Siddhi, as we continue to navigate the world of consumer-packaged goods.”

In March, the company raised $17.5 million in a Series A funding also led by Siddhi Capital. Those funds were used to expand product offerings and support growing operations.

Momofuku Goods was founded in 2019 and offers a range of pantry staples that include chili crunch, air-dried noodles, soy sauce, rice vinegar and seasoned salts. The brand may be found in stores such as Target, Whole Foods, Wegmans and multiple independent retailers.

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