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Sweetgreen receives $35M investment

Third funding round intended to help healthful fast-casual chain expand

Sweetgreen has received a $35 million funding round from T. Rowe Price Associates Inc. and Revolution Growth, the fast-casual operator said Wednesday.

The investment marks the third fundraising round for the quickly growing, 29-unit Washington, D.C.-based chain, following previous rounds totaling more than $40 million.

The latest funds will be used to support Sweetgreen’s continued expansion, which includes 10 new locations and additional restaurants slated for Califor

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