Ripple Foods, a Berkeley, Calif.-based premier leader in the plant-based dairy alternative space, raised $60m in Series E funding.
The round was led by Rage Capital, Ajax Strategies, and S2G Ventures, with participation from OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capital Partners.
The company intends to use the funds to accelerate innovation and growth across product categories, and expand into new channels and global markets.
Led by Laura Flanagan, CEO, Ripple Foods develops dairy-free products using protein from yellow peas. Its line of products include Plant-Based Milk, Protein Shakes, Half & Half, and Frozen Desserts, and more.