Greek yoghurt bar manufacturer Clio Snacks has secured $8m in a Series C funding round after registering a year-on-year growth of more than 100%.

The round was led by Clio’s investment partner Alliance Consumer Growth (ACG) and joined by venture capital fund AF Ventures.

Clio Snacks president Heather Cox said: “People try Clio because of its functional attributes but come back again and again because it tastes so delicious. Clio has disrupted the refrigerated bar and yoghurt categories by bringing in new consumers for an indulgent snack or dessert occasion.”

Established in 2015, Clio Snacks introduced the world’s first mass-market Greek yoghurt bar, which is currently offered in a wide range of sweet and tart flavours.

The bars are said to be produced using whole milk Greek yoghurt and wrapped in dark chocolate, which is claimed to offer the benefits of high protein and probiotics.

In addition to the year-on-year growth, the brand is also said to have registered a distribution growth exceeding 57% through deals with retail partners such as Whole Foods, Target, and Wegmans.

ACG co-founder and managing partner Julian Steinberg said: “Clio is at the forefront of the healthier snacking movement with its unique and creative snacking options.