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Popular Almond Milk Company Secures $50 Million Investment

Califia Farms receives capital to help fuel innovation and sustainability.

Almond milk producer Califia Farms has secured $50 million to boost production of its California-grown nut-and-fruit-based beverages. The company, one of the fastest-growing natural beverage businesses in the nation, received the investment from New York-based Stripes Group in order to help achieve Califia’s goal of becoming “the plant-based company of the future … [committed to] rapid innovation and sustainability…” The investment reflects booming interest in plant-based products, with a recent report showing non-dairy milk sales rose nearly 94 percent from 2009 to 2014, and Califia Farms’ own Almondmilk line experiencing a 177 percent growth year-over-year.

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Vegan Metal Bar Opens Above Toronto Pizzeria

Canada's Apiecalypse Now! welcomes customers to drink and be merry at a metal-themed hideaway above their vegan pizza hotspot.
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TLC's Chilli Demands Vegan Options at Chili's

The singer penned a letter to convince the restaurant chain to get on trend by offering more plant-based dishes.
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Harvard Hosts Vegan Conference

Students will discuss the bioethical implications of the vegan diet at the sixth annual Ivy League Vegan Conference hosted by Harvard Vegan Society Student Group.
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Arkansas Passes Debilitating Ag-Gag Bill

The state enacted a bill that will jeopardize citizens' ability to report abuse across industries including nursing homes, hospitals, schools, and factory farms.
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Vegan Shrimp to Hit Shelves Next Month

New Wave's innovative algae-based popcorn shrimp will debut ahead of schedule due to widespread market interest.
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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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