Frito-Lay, Inc. is the division of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods.
Frito-Lay, a key business unit within PepsiCo, is a market leader in the snack food industry. It manufactures snack foods including, Fritos, Lay's, Doritos, Cheetos, and Tostitos.Frito-Lay was founded in 1932, by C.E. Doolin. Mr. Doolin later purchased H.W. Lay & Company in 1961 and formed Frito-Lay, Inc. In 1965, Frito-Lay, Inc. merged with Pepsi-Cola Company, resulting in the formation of PepsiCo, Inc. Today, Frito-Lay operates as a wholly owned subsidiary of PepsiCo.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Aug 26, 2013 | Grant | $337.98K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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NYSERDA | — | Grant |