AOL founder invests $30M in school food company
NEW YORK—AOL Co-Founder Steve Case, via his investment fund Revolution Growth, has now made a second deal to fund a company focused on healthy eating. The firm is putting $30 million into Revolution Foods (no relation to Revolution Growth!), a company launched eight years ago by two women and mothers who wanted to find a better and more affordable way to provide healthier school lunches.
As with last year’s $22 million investment into organic salad chain Sweetgreen, Revolution Foods is not really a “tech” company, however.