Doughlicious®, the better-for-you frozen novelty brand known for its artisanal frozen cookie dough-enrobed gelato bites, indulgent flavours, and clean ingredients is thrilled to announce a major milestone in its journey: a £3.8m fundraise round led by Rich Products Ventures (RPV), the corporate venture capital fund of global, family-owned food company Rich Products (Rich's), and private investor collective The Angel Group, along with participation from existing investors.
This exciting fundraise marks a pivotal moment for Doughlicious as it accelerates its expansion across the U.S. and international markets. With a long track record of helping innovative food startups scale, gain a competitive edge and achieve their full potential, RPV brings deep category expertise and global distribution support. The Angel Group, a network of visionary investors with a passion for disruptive consumer brands, brings strategic counsel, access to influential networks, and a shared commitment to long-term growth.
Doughlicious has already made a strong mark in retail, with distribution in major U.S. retailers including Target, Whole Foods, Wegmans, and GoPuff. The brand's line of frozen gelato bites wrapped in cookie dough and dusted in cookie crumb are gluten-free, made with natural ingredients, and available in both full-size and mini formats, offering a modern twist on nostalgic favourites.
Together, this dynamic trio - Doughlicious, Rich's, and The Angel Group - are baking up something truly special. With innovation, passion, and strategic resources in the mix, Doughlicious is ready to take the frozen novelty dessert world by storm.