“The more than $1 trillion global dairy and ready-to-drink coffee industry is ripe for continued disruption with individuals all over the world seeking to transform their health and wellness through the adoption of minimally processed and nutrient rich foods that are better for both the planet and the animals,” Califia Founder and CEO Greg Steltenpohl said. Plant-based beverage company Califia Farms has secured $225 million in Series D financing led by the Qatar Investment Authority (QIA), in a move to accelerate growth of its brand. 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In 2018, Califia raised $50 million in capital—including an undisclosed amount from actor Leonardo DiCaprio—to expand the production capacity of its vegan cold-brew coffee beverages, yogurts, creamers, and milks. live a super-fabulous vegan life Other investors include Singapore investment company Temasek, Canada-based Claridge, Hong Kong-based Green Monday Ventures and a Latin America-based family. Follow For those more interested in the milk than the almond, Califia is the most reminiscent of the dairy version. on In 2018, Califia Farms raised more than $50 million in a funding round led by Ambrosia Investments. Shop vitamins, nutritional supplements, organic food and other health products online at Vitacost.com. filled with everything you need to know to With new international investors and a massive funding round, it seems like Califia Farms is looking to become a global plant-based powerhouse. Califia Farms Krissa Welshans | Jan 21, 2020 Other investors in the financing include Singapore headquartered investment company Temasek, Canada based Claridge, Hong Kong based Green Monday Ventures, and a Latin America based family with significant interests in coffee and consumer products. Many big companies have already introduced yogurts, drinks, coffee and ice cream featuring the oat beverage, including Nesquik, Chobani and Danone. Califia Farms Almondmilk Can't quit the cow stuff? Last year, QIA's CEO told Reuters that the firm aimed to put $45 billion toward U.S. investments​, especially in real estate and technology. That year, the company introduced non-dairy drinkable yogurts with added probiotics. We INSPIRE. Cold Brew Coffees Market to Reach USD 1.19 Billion by 2024, Califia Farms, Heartland Food Products Group, and HighBrewCoffee Emerge as Key Contributors to Growth | Technavio. Califia Farms is well-known for its delicious almond milk and creamers.Now the company is jumping on the oat-milk bandwagon with a new product line: Übermilk. We INFORM. Califia Farms today announced the launch of Califia Nitro Cold Brew, the first completely dairy-free, nitro-infused cold brew coffee latte. Califia raised $115 million total funding before this latest round, according to Crunchbase. ChickP, a food tech startup based in Israel, recently, Overall, the plant-based segment has seen, By signing up to receive our newsletter, you agree to our. Over the last eight months, some of the largest companies have spent millions to deal with the coronavirus and seen thousands of workers get infected, while meat supply and pricing fluctuate. Original Article: Cision Pr Newswire Funding Provides Califia Farms, a leading plant-based food and beverage company, with long-term capital and global support for continued rapid expansion, and disruption of the $1 trillion+ dairy and ready-to-drink coffee markets LOS ANGELES, Jan. 15, 2020 /PRNewswire/ — Califia Farms®, a leading independently owned plant-based food and beverage … In the past, Califia has successfully used additional investments to grow its portfolio. But QIA is shifting its strategy a bit, betting that plant-based will could be lucrative. Cross check prices on Amazon, Ebay, Chmelaeon for the best prices!! The free newsletter covering the top industry headlines. Straits Times Index. Califia Farms, LLC is located in Los Angeles, CA, United States and is part of the Food Wholesalers Industry. Califia Farms Holiday Almondmilk Nog $5.19 at Instacart Another dairy-free option, this nog is also free from soy and carrageenan , one of the thickeners … We’re happy that you’re looking for Califia! Securing funders around the world and adding those representatives to its board could be beneficial for Califia as it looks to grow shelf space and brand awareness globally. "The total change in dietary habits of the U.S. consumer is what is driving the decline in dairy," Steltenpohl told Reuters. The money will also allow the company to further invest in production capacity, R&D, U.S. penetration and global expansion. Califia Farms Raises $225M for Global Expansion. Overall, the plant-based segment has seen a surge of funding in recent years that has been driving industry M&A, according to a report from Deloitte. Made with oats and pea protein, this new dairy-free milk boasts eight grams of protein per serving and is available in three flavors: unsweetened, unsweetened vanilla, and chocolate. Read full article. And last year, Califia launched a line of protein-enriched oat beverages called Ubermilk. All-things vegan,in your mailbox and inbox, Never miss out on exclusive stories, recipes, and giveaways, Copyright © 2020 Fresh Healthy Media, LLC. Check out today's hottest plant‑based positions for your next career move! Other investors in the financing include Singapore headquartered investment company Temasek, Canada based Claridge, Hong Kong based Green Monday Ventures, and a Latin America based family with significant interests in coffee and consumer products. What Should Retailers & Brands Consider When Planning for 2021? Subscribe to Food Dive to get the must-read news & insights in your inbox. Lillianna Byington The pandemic has upended how consumers plan to celebrate, prompting CPG companies to reduce product sizes, tout offerings for novice cooks and shift more resources online. As traditional dairy struggles, this funding could give Califia the capital and global resources to bring more disruption and take a bigger share of the market. Let’s get FABULOUS! Cow milk sales dropped to about $12 billion in 2019 from $15 billion in 2015, and at the same time, almond milk sales have jumped roughly 6% to $1.35 billion and oat milk a massive 662% to $59.8 million in 2019, according to Nielsen data cited by Reuters. That reasoning is backed by data. Califia Farms, the recognisable Los Angeles plant milk brand which received over $50M in investment from celebrities including Leonardo DiCaprio in 2018, today announces it has completed a $225 million Series D financing led by the Qatar Investment Authority (QIA), with participation from others including David Yeung‘s Green Monday Ventures. Califia will continue to expand its oat alternatives with this money, which is particularly popular in the space. Califia said this funding round will help it continue to build its oat platform and launch new lines. But QIA is shifting its strategy a bit, betting that plant-based will could be lucrative. We’re happy that you’re looking for Califia! Plant-based is the hottest trend in food today, and many companies are getting into the space as consumers become more interested in the health halo the products provide. From Canada to Singapore, investors in this latest round could bring expertise and resources to the California-based company that other plant-based brands don't have access to. Straight up, spiked, and with coffee? Founded by serial entrepreneur Sonalie Figueiras in 2011, Green Queen is an award-winning sustainability & impact media platform advocating for social & environmental change in Asia. Califia Farms, LLC has 150 total employees across all of its locations and generates $100.00 million in sales (USD). We EMPOWER. of the hot-off-the-press Want to share a company announcement with your peers? The investor push into plant-based dairy comes as traditional cow milk consumption is declining. ... Other investors in the financing include Singapore headquartered investment company Temasek, Canada based Claridge, Hong Kong based Green Monday Ventures, and a Latin America based family with significant interests in coffee and consumer products. How COVID-19 is Testing and Strengthening Food Industry Supply Chains, Crisp Announces the First Programmatic Commerce Platform for Food Brands and Retailers, New Ajinomoto Campaign Challenges Assumptions About Monosodium Glutamate (MSG), Yogurt Maker Chobani Recruits New CFO as It Continues to Expand. Other investors include Singapore investment company Temasek, Canada-based Claridge, Hong Kong-based Green Monday Ventures and a Latin America-based family. Living the plant‑based life has never been so easy, affordable, and delicious! Vegan brand Califia Farms—known for its plant-based milk products—recently secured a $225 million investment from a diverse group of global investors, including Qatar Investment Authority, Singapore’s Temasek (a government-owned firm), Canada’s Claridge, and Hong Kong’s Green Monday Ventures. Many big companies have already introduced yogurts, drinks, coffee and ice cream featuring the oat beverage, including, . D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Califia Farms, LLC around the world, including contacts, financials, and … ... Califia Farms… Farnell offers fast quotes, same day dispatch, fast delivery, wide inventory, datasheets & technical support. LOS ANGELES, U.S. – Califia Farms, a leading independently owned plant-based food and beverage company founded by natural product visionary Greg Steltenpohl, announces it has completed one of the largest private capital raisings within the natural foods sector, through a $225 million Series D financing led by the Qatar Investment Authority (QIA). We’ve got it, plus so much more, Bringing plant‑based savvy to all your relationships, Navigate the complex world of vegan dating, sex, and love, Tips and advice for navigating your 9‑to‑5 life with plant‑based style, Get active to help animals, the planet, and your community, Everything you need to know to stay healthy and informed, Escape in vegan style for maximum weekend fun, The hottest vegan travel destinations, from Baja to Bangkok, Wine, dine, and explore with our vegan guides to the globe, Build your next vacay around these exciting vegan events, Get the scoop on destination dining spots around the world, Set sail for a vegan adventure on a deluxe cruise, Escape to the farm for a vacation with warm‑and‑fuzzy perks, The best urban destinations for the vegan traveler. End of 2020 funding before this latest round, according to Crunchbase this funding round will Los! Other lines the cow stuff plastic by the end of 2020 the money will also allow the company to invest! 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