Jay Z Invests Over $1 Million In Black-Owned Dessert Company

Posted On : June 8, 2019
Jay Z invests $1 million into Black-owned cookie company.
Photo via Instagram.

Reportedly, Jay Z has invested $1 million into a Black-owned vegan cookie company,  and it’s expected to change the game health-wise.

According to Vibe, Shawn “Jay Z” Carter has put $1 million into Black-owned cookie company Partake Foods. This is happening through his investment company Marcy Venture Partners.

The source states that Partake Foods is a three-year-old vegan company based in New Jersey and is founded by Denise Woodard, a former Coca-Cola national sales director.

Also, according to Baller Alert, Jay Z isn’t the only one taking interest in the company. Reportedly, the following investment ventures are also putting up money in Woodard’s company:

  • The Factory Backstage Capital
  • SoFi Ventures
  • Chuck Muth (Beyond Meat)

Here’s Who Jay Z Is Backing, The Face Behind Partake Foods>>>