Nordstar and Insignia Venture Partners led a $36m funding round in Rainforest.

Nordstar, a management consulting firm, and Insignia Venture Partners, a venture capital investment firm, led a $36m funding round in Rainforest, a provider of frozen food products. “All the ingredients are there and I guess it’s just a matter of time when more people figure it out and solve this problem. Everything we’ve seen has worked out, and of course the original creators noticed this trend, which is that there is an explosion of microbrands," J.J. Chai, Rainforest Co-founder and CEO.