Miyoko's Creamery Raises $52M in Series B

Miyoko's Creamery has successfully raised $52M in a Series B at a $200M valuation led by PowerPlant Partners, S2G Ventures.

Company Overview

Miyoko's Creamery is a FoodTech company headquartered in Petaluma, CA, founded in 2014 with 100+ employees.

Plant-based cheese and butter

Fundraising Details

• Amount Raised: $52M
• Round Type: Series B
• Valuation: $200M
• Date: 2021-03-02
• Investors: PowerPlant Partners, S2G Ventures

About Miyoko's Creamery

Plant-based cheese and butter The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Petaluma, CA
• Founded: 2014
• Team Size: 100+
• Industry: FoodTech

What This Means

This funding round demonstrates strong investor confidence in Miyoko's Creamery'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. Miyoko's Creamery's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $200M valuation marks an important milestone for Miyoko's Creamery, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, Miyoko's Creamery 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.

This fundraising news was reported on 2021-03-02. For more information about Miyoko's Creamery, visit their headquarters at Petaluma, CA.