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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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Pinterest Names Vegan Food Top Wedding Trend

According to the social media platform's 2018 Wedding Report, interest in vegan nuptials is on the rise.
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Chef Chloe Coscarelli Opens New Café in Miami

Beloved vegan chef Chloe Coscarelli is back with new eatery, Chef Chloe and the Vegan Café, in highly anticipated St. Roch food hall in Miami's design district.
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Team Canada Wears All-Vegan Uniforms at Olympics

Animal-rights activists praise apparel brand Hudson's Bay Company for outfitting this year's Olympians in animal-free outwear.
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Photographer Creates the Most Vegan Proposal Ever

Popping the question with the help of an avocado is gaining traction thanks to Amsterdam food stylist Colette Dike.
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Tyson to Launch Plant-Based Meal Bowls

The meat company is disrupting itself to stay competitive as consumer habits shift toward animal-free foods.
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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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