The capital will fuel the development of high-protein, low-calorie foods. NEW YORK , Aug. 20, 2024 /PRNewswire/ -- David , a platform that designs tools to increase muscle and decrease fat, today announced a $10 million seed funding round.
The investment was led by David CEO and Co-Founder Peter Rahal , with additional participation from Valor Siren Ventures, Peter Attia , M.D., and Andrew Huberman , Ph.
D. David Co-Founders Peter Rahal, founder of protein snacks brand RXBAR, and Zach Ranen , former investor and founder of RAIZE, bring extensive experience to their latest venture. Rahal has been obsessed with protein bars from a young age and has dedicated his career to creating the perfect protein bar.
Ranen worked with the RAIZE team to develop and scale its low-carb dessert product suite. The pair will use this fundraising round to continue developing science-based, delicious food and to build its team of industry-leading strategists, scientists, and health experts. Its first product is a protein bar that will have the most protein per calorie of any currently available protein bar.
The bars will be sugar-free, gluten-free, and artificial sweetener/flavor-free. "Michelangelo's sculpture of David reflects our methodical approach to idealism and dedication to materializing perfection," says Peter Rahal , CEO and Co-Founder of David. "This funding will allow us to continue developing high-quality, research-backed products that meet the nutritional needs of consumers.
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