[03 June/Entrepreneur]

Jay-Z has invested in Partake Foods, a company that makes allergen free cookies.  The $1 million seed round investment was made through his firm Marcy Venture Partners and was led by Marcy Venture Partners and included The Factory Backstage Capital, SoFi Ventures, and Beyond Meat’s Chief Growth Officer, Chuck Muth. The allergen-free cookies can be found in over 300 stores in the U.S, with this number expected to be over 1,000 by the end of the year. The money from the funding round will be used to increase staff, offer different sizes and grow the brand.