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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 … Subscribe to Food Dive to get the must-read news & insights in your inbox. "The total change in dietary habits of the U.S. consumer is what is driving the decline in dairy," Steltenpohl told Reuters. 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. You can find Califia Farms products in many stores, but we recommend calling ahead to see if it's in stock. Califia said this funding round will help it continue to build its oat platform and launch new lines. And last year, Califia launched a line of protein-enriched oat beverages called Ubermilk. Buy Califia products. 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. But QIA is shifting its strategy a bit, betting that plant-based will could be lucrative. In 2018, Califia Farms raised more than $50 million in a funding round led by Ambrosia Investments. We’re happy that you’re looking for Califia! We’re Califia Farms (Califia, pronounced like California), the plant-powered food and beverage company of the future. 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. U.S. sales of oat milk have jumped to $29 million, up from $4.4 million in 2017, according to Marketplace. Califia Farms, the leading nutmilk brand in the natural channel in the US, today announced that its popular almond beverages and cold brew coffees are now available in supermarkets across Canada. But QIA is shifting its strategy a bit, betting that plant-based will could be lucrative. Attorneys weigh in: What legal issues should food & beverage companies watch in 2021? We EMPOWER. 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 … TUTTOFOOD Milano, Where Excellence Meets Innovation in Food & Beverage, What you need to know about e-commerce in food and grocery, Peaking inside the pod: A deep look inside Peapod's grocery delivery business, Earth to the meatpacking industry: 2021 is coming up, exit the time capsule, Frozen food sales soar with homebound consumers during pandemic, 5 questions to ask before adopting a coronavirus vaccine policy, Zevia closes $200M funding round with Canadian investment firm, Plant-based beverage company Califia Farms raised $225 million in Series D funding led by state-owned holding company Qatar Investment Authority. Califia Farms, LLC has 150 total employees across all of its locations and generates $100.00 million in sales (USD). For those more interested in the milk than the almond, Califia is the most reminiscent of the dairy version. Califia Farms Almondmilk Can't quit the cow stuff? ... 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. Califia Farms' almonds are grown in orchards and processed within a 20-mile (32-km) radius of its primary bottling facility in Bakersfield, California. Follow 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. Straight up, spiked, and with coffee? 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. Greg Steltenpohl, Califia's founder and CEO, said in the release announcing the funding that "speed to market is critical for companies at our stage.". Califia will continue to expand its oat alternatives with this money, which is particularly popular in the space. 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Living the plant‑based life has never been so easy, affordable, and delicious! Read full article. In the past, Califia has successfully used additional investments to grow its portfolio. Press release from Ajinomoto Health & Nutrition North America Inc. • 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. Straits Times Index. 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. Many big companies have already introduced yogurts, drinks, coffee and ice cream featuring the oat beverage, including Nesquik, Chobani and Danone. Califia Farms Raises $225M for Global Expansion. 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. Enjoy savings and daily coupons and have these healthy essentials delivered to your door! on According to a report by BIS Research, the plant-based food and beverage alternatives market is anticipated to reach $80.43 billion by 2024, increasing at an annual rate of 13.82%. We INSPIRE. That year, the company introduced non-dairy drinkable yogurts with added probiotics. 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. of the hot-off-the-press ChickP, a food tech startup based in Israel, recently launched a line of chickpea isolates designed for plant-based dairy alternatives and Mooala, a Dallas-based banana milk maker, raised $8.3 million in November. Order your copy filled with everything you need to know to The best plant‑based recipes to take you from breakfast to dessert, A closer look at today’s most intriguing vegan food topics, Vegan living, simplified, from chocolate to wine and beyond, Where to eat, what to order, and what to swill, vegan style, The latest products, tasted and tested by VN editors, Plant‑based living made better with today’s hottest vegan products, Culinary inspiration from our favorite chefs and authors, Keeping you informed on food issues that matter. 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. 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). Cross check prices on Amazon, Ebay, Chmelaeon for the best prices!! Our mission is to shift consumer behaviour through our … Check out today's hottest plant‑based positions for your next career move! Vegan, Up‑to‑the‑minute news on all‑things plant‑based, Gadgets, apps, and the latest tech for better veg living, Your destination for eco‑conscious, planet‑friendly news, The latest in animal‑friendly legislation, initiatives, and politicians, Books, blogs, and apps—VegNews reviews them all for your enjoyment, The latest plant‑based studies, wellness trends, and prevention news, Experts weigh in on the hot topics of the day, From clean meat to ice cream, we bring you today’s top vegan trends. The truth is, the Califia Farms version works everywhere your regular, degular eggnog would, checking all the festive boxes with ease. Here comes the (vegan) bride and groom! The new funding group will take a minority stake in Califia Farms, with representatives from QIA, Temasek and Claridge joining the company's board. We INFORM. Fashion‑forward footwear for the ultimate in ethical style, Stylish ideas for carrying your ethics wherever you go, Beads, baubles, and bling with ethical cred, Editor‑approved clean, green, and cruelty‑free cosmetics, Sourcing the best vegan products for all your skincare needs, Insights and advice to boost your nutrition know‑how, Complement your plant‑based diet with the latest wellness info, Reach your exercise and fitness goals the vegan way, Need professional vegan advice? Califia Farms Completes Landmark $225 Million Financing with Diverse Group of Global Investors. Califia Farms today announced the launch of Califia Nitro Cold Brew, the first completely dairy-free, nitro-infused cold brew coffee latte. Califia will use the funding to expand its oat-based line, develop new products, increase production capacity, and expand its geographical footprint. That reasoning is backed by data. Califia Farms, an independently owned plant-based food and beverage company, 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.. Many big companies have already introduced yogurts, drinks, coffee and ice cream featuring the oat beverage, including, . VegNews Guide to Being a Fabulous Vegan — 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. All-things vegan,in your mailbox and inbox, Never miss out on exclusive stories, recipes, and giveaways, Copyright © 2020 Fresh Healthy Media, LLC. The money will also allow the company to further invest in production capacity, R&D, U.S. penetration and global expansion. 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