Ripple Foods Raises $60M in Series D
Ripple Foods has successfully raised $60M in a Series D at a $250M valuation led by Khosla Ventures, S2G Ventures.
Company Overview
Ripple Foods is a FoodTech company headquartered in Emeryville, CA, founded in 2014 with 100+ employees.
Pea-based milk alternatives
Fundraising Details
- Amount Raised: $60M
- Round Type: Series D
- Valuation: $250M
- Date: 2020-03-17
- Investors: Khosla Ventures, S2G Ventures
About Ripple Foods
Pea-based milk alternatives The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Emeryville, CA
- Founded: 2014
- Team Size: 100+
- Industry: FoodTech
What This Means
This funding round demonstrates strong investor confidence in Ripple Foods's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Ripple Foods's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $250M valuation marks an important milestone for Ripple Foods, positioning the company among notable players in the FoodTech industry.
Looking Ahead
With this new capital, Ripple Foods is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2020-03-17. For more information about Ripple Foods, visit their headquarters at Emeryville, CA.
