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Vegan Pea-Milk Brand Raises $65 Million in Funding

Two-year-old company Ripple Foods has raised a total of $110 million to expand its popular vegan pea-based milk products.

California-based vegan brand Ripple Foods announced this week that it closed a $65 million capital funding round. A number of large investment firms participated in the round, including top financial institution Goldman Sachs. "We are proud to invest in a company that has one of the fastest-growing plant-based product lines," Kathy Elsesser, Goldman Sachs global chair of consumer retail and health-care groups, told Bloomberg. Ripple—which makes plant-based dairy alternatives from its proprietary yellow pea protein Ripptein—debuted at retailers such as Whole Foods Markets and Target in 2016. Last year, Ripple—which has raised $110 million in investment capital to date—launched vegan Greek yogurt, child-friendly vegan milk, and plant-based half & half, and is currently developing vegan ice cream.

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Kroger Launches Vegan Recipe Contest

Food Network chef Ellie Krieger will choose the winning recipe, and prizes include $1,000 cash, a Vitamix, and more.
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Vegan Shoe Brand MINK Sells 10,000 Pairs in 2018

Sales of the brand's vegan Louboutin-style shoes increased dramatically since 2006, and it now caters to celebrity clients such as Miley Cyrus.
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Global Pizza Chain Adds Vegan Cheese to US Locations

International pizza chain Piola now features Follow Your Heart's vegan cheese at 10 locations across Texas, Florida, North Carolina, and Virginia.
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DIY Asian Bowl Chain Adds Vegan Meat to Menu

Wok Box in Canada sees opportunity to grow a new customer base with plant-based protein options.
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Kat Von D Plans to Throw a Big Fat Vegan Wedding

The pregnant makeup mogul will throw a vegan wedding bash where guests will receive a custom-made Kat Von D Beauty lipstick.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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