Boulder Food Group (BFG), a Boulder, Colo.-based investment firm that backs disruptive, better-for-you consumer brands, closed on its second fund, "BFG Fund II," at more than $100 million.

"Fund II will give us the opportunity to invest deeper in a set of brands while staying focused on innovative early-stage food and beverage companies," says Tom Spier, founder. "We're exploring investments in a variety of categories with compelling value propositions for today's changing consumer landscape."

BFG maintains in both Boulder and Los Angeles. Its portfolio includes CAULIPOWER, Birch Benders and more.