General Mills invests in California plant-based food company

General Mills Inc. is investing in a California food company that specializes in plant-based ready-to-eat meals, snacks, and cold pressed juices.

Urban Remedy, a Point Richmond, Calif.-based direct-to-consumer and retail company, announced earlier this week it had closed a $17 million Series B round of fundraising led by Minneapolis-based 301 Inc., the investment group of Golden Valley-based General Mills (NYSE: GIS)

Urban Remedy was founded in 2009. The company has 13 retail locations across…

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