Revolution Foods raises $1M, to provide school lunches

Revolutions Foods, an Oakland start-up, aims to transform school lunches and wean students off of sugary, fat-filled foods, and has raised about $1 million from the Bay Area Equity Fund.

That fund, managed by JPMorgan Chase & Co., invests in companies and technologies that socially and environmentally benefit the San Francisco Bay Area’s low- and moderate-income neighborhoods.

Formed last year by entrepreneurs Kristin Groos Richmond and Kirsten Tobey, Revolution Foods aims to create healthy alternatives to high-calorie cafeteria food at a price comparable to government-subsidized school lunches. Revolution has inked a partnership with health food supermarket giant Whole Foods, which provides food at a reduced cost and helps Revolution Foods seal additional partners from its network of organic farms and dairies. (Source: VentureWire)

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