Read full article. 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. Want to share a company announcement with your peers? Living the plant‑based life has never been so easy, affordable, and delicious! Straits Times Index. 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. The new funding group will take a minority stake in Califia Farms, with representatives from QIA, Temasek and Claridge joining the company's board. Many big companies have already introduced yogurts, drinks, coffee and ice cream featuring the oat beverage, including, . Topics covered: manufacturing, packaging, new products, R&D, and much more. 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. 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, 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. U.S. sales of oat milk have jumped to $29 million, up from $4.4 million in 2017, according to Marketplace. 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). New innovations and investments are making the space even more crowded. 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? Check out today's hottest plant‑based positions for your next career move! 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. And last year, Califia launched a line of protein-enriched oat beverages called Ubermilk. 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 Nesquik, Chobani and Danone. An Innova Market Insights report on top trends for 2020 predicted that the plant-based dairy category will diversify as consumer interest continues to grow.​ ​. The money will also allow the company to further invest in production capacity, R&D, U.S. penetration and global expansion. filled with everything you need to know to Two of the biggest dairy producers in the U.S., Dean Foods and Borden Dairy, have filed for bankruptcy in the last two months. ... 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. 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. Attorneys weigh in: What legal issues should food & beverage companies watch in 2021? What Should Retailers & Brands Consider When Planning for 2021? 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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. 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%. Califia Farms Raises $225M for Global Expansion. We have the stories, the menus, and the incredible cakes! Farnell offers fast quotes, same day dispatch, fast delivery, wide inventory, datasheets & technical support. Singapore markets closed. Your Ultimate Source for All‑Things "The total change in dietary habits of the U.S. consumer is what is driving the decline in dairy," Steltenpohl told Reuters. 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 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.. 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. We EMPOWER. 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. We INFORM. Califia Farms Item Package Quantity 1 Form Cold_beverage Manufacturer Califia Farms Manufacturer reference 12345UK Units 192 Fl Oz Package Dimensions 23.39 x 22.1 x 16.21 cm; 5.44 Kilograms Ingredients Oatmilk (Water, Oats), Sunflower Oil, Minerals (Dipotassium Phosphate, Calcium Carbonate, Tricalcium Phosphate), Sea Salt (including our all-time favorite recipes)! 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.". Order your copy VegNews Guide to Being a Fabulous Vegan — of the hot-off-the-press 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. Califia Farms, which already has a portfolio of beverages made from almonds, coconuts and cashews, as well as a lineup of cold-brew coffee products and plant-based coffee creamers, is planning to capitalize on the expected growth of the alternative market by using these funds to launch new products. The new investor group will take a minority stake in Califia Farms, with representatives from QIA, Temasek, and Claridge joining the Board of Califia, alongside founder Greg Steltenpohl and existing investors Sun Pacific, Stripes and Ambrosia.. Demand for plant-based beverages is exploding worldwide as consumers seek healthier, great-tasting dairy alternatives. Califia Farms, LLC has 16 employees at this location. on The investor push into plant-based dairy comes as traditional cow milk consumption is declining. Califia Farms' almonds are grown in orchards and processed within a 20-mile (32-km) radius of its primary bottling facility in Bakersfield, California. Our mission is to shift consumer behaviour through our … 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. We INSPIRE. All-things vegan,in your mailbox and inbox, Never miss out on exclusive stories, recipes, and giveaways, Copyright © 2020 Fresh Healthy Media, LLC. Yes, absolutely, and duh. 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. 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. 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. Discover announcements from companies in your industry. The free newsletter covering the top industry headlines. Califia Farms Completes Landmark $225 Million Financing with Diverse Group of Global Investors. 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 … New innovations and investments are making the space even more crowded. Califia Farms, LLC has 150 total employees across all of its locations and generates $100.00 million in sales (USD). Califia raised $115 million total funding before this latest round, according to Crunchbase. Califia Farms today announced the launch of Califia Nitro Cold Brew, the first completely dairy-free, nitro-infused cold brew coffee latte. 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. live a super-fabulous vegan life There are 4 companies in the Califia Farms, LLC corporate family. 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. 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. For those more interested in the milk than the almond, Califia is the most reminiscent of the dairy version. Shop vitamins, nutritional supplements, organic food and other health products online at Vitacost.com. 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. 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. ... Califia Farms… In terms of packaging, the company aims to halve its use of virgin plastic by the end of 2020. The truth is, the Califia Farms version works everywhere your regular, degular eggnog would, checking all the festive boxes with ease. 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. We’re Califia Farms (Califia, pronounced like California), the plant-powered food and beverage company of the future. Califia said this funding round will help it continue to build its oat platform and launch new lines. Enjoy savings and daily coupons and have these healthy essentials delivered to your door! Cross check prices on Amazon, Ebay, Chmelaeon for the best prices!! May 17 – May 20, 2021, By the numbers: Examining the cost of the pandemic on the meat industry, 'It's our Super Bowl': How food manufacturers are preparing for an unorthodox holiday season, 2020's 10 biggest M&A deals in the food and beverage industry, FDA approves GMO pork, but there's no determination if it's safe for those with allergies to eat, PepsiCo remains 'exclusive distributor' of Bang Energy drinks, arbitrator rules, Optimizing Food & Beverage Plant Manufacturing During a Time of Disruption. In 2018, Califia Farms raised more than $50 million in a funding round led by Ambrosia Investments. “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. Califia Farms, LLC is located in Los Angeles, CA, United States and is part of the Food Wholesalers Industry. Califia will use the funding to expand its oat-based line, develop new products, increase production capacity, and expand its geographical footprint. Califia Farms Almondmilk Can't quit the cow stuff? But QIA is shifting its strategy a bit, betting that plant-based will could be lucrative. Twitter. The new investor group will take a minority stake in Califia Farms, with representatives from QIA, Temasek, and Claridge joining the Board of Califia, alongside founder Greg Steltenpohl and existing investors Sun Pacific, Stripes and Ambrosia.. Demand for plant-based beverages is exploding … 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 … You can find Califia Farms products in many stores, but we recommend calling ahead to see if it's in stock. There are 4 companies in the Califia Farms, LLC corporate family. Califia will continue to expand its oat alternatives with this money, which is particularly popular in the space. Califia's biggest investor, Qatar Investment Authority, could especially help the company expand its reach since it has holdings around the world. In the past, Califia has successfully used additional investments to grow its portfolio. Let’s get FABULOUS! Follow Lillianna Byington That year, the company introduced non-dairy drinkable yogurts with added probiotics. Press release from Ajinomoto Health & Nutrition North America Inc. • That reasoning is backed by data. 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. Califia​. In terms of packaging, the company aims to halve its use of virgin plastic by the end of 2020. We’re happy that you’re looking for Califia! We’re happy that you’re looking for Califia! Other investors include Singapore investment company Temasek, Canada-based Claridge, Hong Kong-based Green Monday Ventures and a Latin America-based family. This latest funding round will help Los Angeles-based Califia Farms build on the success of its oat platform and launch other lines. Buy Califia products. You can find Califia Farms products in many stores, but we recommend calling ahead to see if it's in stock. 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. But QIA is shifting its strategy a bit, betting that plant-based will could be lucrative. 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. Here comes the (vegan) bride and groom! Eco‑friendly strategies to veganize every room in your home, Vegan‑approved treats and more for your four‑footed friends, Helping you bring even more green to your garden, All the buzz from Hollywood’s compassionate set, Rev up, work out, and get inspired the plant‑powered way, Meet the creative forces cooking up today’s tastiest vegan eats, Meet the innovators shaking things up, from food‑tech to high‑tech, Meet the movers and shakers bringing the veg lifestyle into the mainstream, From near‑death to peak health, these individuals found their cures in plants. With new international investors and a massive funding round, it seems like Califia Farms is looking to become a global plant-based powerhouse. Ice cream featuring the oat beverage, including, eggnog would, checking all festive. Milk than the almond, Califia has successfully used additional investments to its. Farms califia farms singapore looking to become a global plant-based powerhouse LLC has 150 employees! 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