Ripple Foods, a Berkeley, Calif.-based premier chief within the plant-based dairy different area, raised $60m in Sequence E funding.
The spherical was led by Rage Capital, Ajax Methods, and S2G Ventures, with participation from OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capital Companions.
The corporate intends to make use of the funds to speed up innovation and development throughout product classes, and broaden into new channels and international markets.
Led by Laura Flanagan, CEO, Ripple Meals develops dairy-free merchandise utilizing protein from yellow peas. Its line of merchandise embrace Plant-Primarily based Milk, Protein Shakes, Half & Half, and Frozen Desserts, and extra.