BranchOut Food Inc.

BranchOut Food Inc. is a growth-stage consumer packaged foods company that develops, manufactures, markets, and distributes clean-label, plant-based dried fruit and vegetable snacks. The company serves retail and foodservice markets through its BranchOut-branded products, private-label offerings, and industrial ingredient sales. Originally incorporated as AvoChips Inc. on February 21, 2017, the company converted to Avochips, LLC on November 2, 2017, and then to BranchOut Food Inc. on November 19, 2021. BranchOut is headquartered in the U.S. and operates a 50,000 square foot manufacturing facility in Pisco, Peru. This Peru Facility is strategically located near agricultural regions, allowing for seasonal sourcing of fruits and vegetables such as pineapple, banana, strawberry, avocado, and apple, which helps reduce transportation time and costs and supports product freshness. The company uses its proprietary GentleDry™ technology to convert fresh fruits and vegetables into clean-label snacks and industrial ingredients within approximately 10 days. GentleDry™ is an advanced dehydration platform exclusively licensed from EnWave Corporation for certain fruits and vegetables. This technology, protected by more than 17 patents, enables the production of products that maintain taste, texture, color, and nutrients while improving process speed, energy efficiency, and oxidation control. BranchOut's products are primarily sold through three channels: branded retail snack products under the BranchOut brand, private label products for major retailers, and fruit and vegetable ingredients sold to food manufacturers. All products are manufactured at the Peru Facility.