Food innovation platform New Skew secures initial financing

Toronto-based food innovation platform New Skew has secured an undisclosed initial financing. The round was backed by unidentified investors, consisting of family offices and investment dealers with links to the food, retail and hospitality sectors in Canada and the United States. Founded in 2017 by Alex Yurek, New Skew helps craft food and beverage brands launch and scale more quickly and efficiently. Its current portfolio includes Detour Coffee Roasters, Dear Grain, Royal Canadian Mead and Brainbow. New Skew will use the funds raised to expand its North American presence, scale existing brands and develop new brands.

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