Sweetgreen's New Funding Makes it the First Salad Unicorn
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An 11-year-old salad chain valued at a billion dollars? Surely nothing will go wrong here.
The whispers swirling around Sweetgreen's latest funding round have been confirmed: the emerging restaurant chain has secured a $200 million round of funding led by Fidelity Investments, bringing the total amount of funding raised to $325 million and bumping the chain to a valuation of over $1 billion.
Sweetgreen plans to pour the money into expansion on every front. The funding
