Houston-based CPG bakery startup, ChipMonk Baking Company, has signed a lease for its personal devoted manufacturing facility.
The startup was fashioned in February 2019 by co-founders Jose Hernandez and David Downing, producing cookies, treats, and dry mixes which can be sugar-free, wholesome, and nutritionally wealthy.
With its major use of all-natural sweeteners monk fruit and allulose, the corporate serves a rising neighborhood of health-conscious prospects with quite a lot of desserts that safely and deliciously fill the wants of pre-diabetics and diabetics. Communities following a keto or low-carb weight-reduction plan even have grow to be raving followers of the enterprise.
Already gaining traction firstly of 2020, ChipMonk has seen a notable spike in demand for its merchandise for the reason that begin of the pandemic.
“The stay-at-home environment has encouraged many people to think more about their health and to start cooking and baking more at home. We’ve been able to offer a delicious option that fits perfectly in this growing trend,” shares CEO and co-founder David Downing.
The current progress of the enterprise put a highlight on the fast want for devoted baking house. To date, ChipMonk has been working out of a shared kitchen by which hours, gear, and manufacturing have been much less controllable. Further, the necessity for devoted kitchen house additionally coincided with the necessity for rising stock, devoted cupboard space, and increasing its manufacturing schedule.
To fund its plans, the workforce initiated a fundraising spherical and has now launched an funding marketing campaign on NextSeed.
The new 2,300 sqft house is positioned at 3042 Antoine Dr (close to 290). Although positioned in a retail house, the situation is not going to have a storefront. The workforce will use the amenities for baking, storage, order achievement, and workplace house.
The lease will begin in August, and the corporate will instantly start its buildout and move-in course of, with an anticipated completion in late September. Jonathan Horowitz, former CEO of Legacy Restaurants, is serving as an advisor for the workforce and likewise brokered the lease as the corporate’s actual property consultant.
To complement its personal wants, ChipMonk could take into account subletting sure hours within the new facility to native startups and small companies. Vegan bakers and different comparable producers who’re cautious and conscious of elements and needing a clear house have already proven an curiosity in partnering with ChipMonk.
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