Trinity Capital, an alternative asset manager, funded equipment and other asset financing to Bobbie, the mom-founded and led organic infant feeding company.
“Bobbie is addressing a clear need in the market by providing American families with a trustworthy, organic formula option produced right here in the U.S.,” Ryan Little, senior managing director of equipment finance at Trinity Capital, said. “Their work is setting a new benchmark for quality and accessibility in infant nutrition, and we are proud to partner with a team driving such a meaningful impact across the industry.”
This financing will assist Bobbie in further scaling operations at its Ohio facility and accelerating its national growth.
“Increasing trust in American infant formula and resilience for the domestic production of this essential good is our top priority as a business. And this funding will allow us to continue to do exactly that,” Laura Modi, CEO and founder of Bobbie, said. “As the first mom-founded and led infant formula brand in the U.S., we feel a heightened responsibility to create the highest quality infant formula, one that we feed to our own babies.”
