Illustration: Aïda Amer/Axios
Rob’s Backstage Popcorn, the brand founded by the Jonas Brothers and The Naked Market, raised $7 million in a Series A to expand the snack to retailers’ shelves nationally.
Why it matters: The U.S. snack market has boomed into a $117.1 billion industry in 2021, and is expected to grow at a 3.8% pace over the next few years, according to Grand Review Research.
