Ripple Foods: Raises $60M In Series E Funding

Ripple Foods: Raises $60M In Series E Funding

• 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
• RippleFoods 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