Califia Farms today announced the launch of Califia Nitro Cold Brew, the first completely dairy-free, nitro-infused cold brew coffee latte. We EMPOWER. 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. 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 Califia will use the funding to expand its oat-based line, develop new products, increase production capacity, and expand its geographical footprint. We INFORM. That reasoning is backed by data. 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. 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. 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. Califia Farms, LLC has 150 total employees across all of its locations and generates $100.00 million in sales (USD). 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. VegNews Guide to Being a Fabulous Vegan — Califia Farms Almondmilk Can't quit the cow stuff? 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 … The free newsletter covering the top industry headlines. (including our all-time favorite recipes)! 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. Cross check prices on Amazon, Ebay, Chmelaeon for the best prices!! 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 said this funding round will help it continue to build its oat platform and launch new lines. Discover announcements from companies in your industry. 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). 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%. Subscribe to Food Dive to get the must-read news & insights in your inbox. And last year, Califia launched a line of protein-enriched oat beverages called Ubermilk. The truth is, the Califia Farms version works everywhere your regular, degular eggnog would, checking all the festive boxes with ease. Califia Farms, LLC has 16 employees at this location. We’re happy that you’re looking for Califia! 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. We’re happy that you’re looking for Califia! Our mission is to shift consumer behaviour through our … Two of the biggest dairy producers in the U.S., Dean Foods and Borden Dairy, have filed for bankruptcy in the last two months. New innovations and investments are making the space even more crowded. Let’s get FABULOUS! Want to share a company announcement with your peers? Many big companies have already introduced yogurts, drinks, coffee and ice cream featuring the oat beverage, including Nesquik, Chobani and Danone. 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. “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. 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. 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.". This latest funding round will help Los Angeles-based Califia Farms build on the success of its oat platform and launch other lines. Lillianna Byington There are 4 companies in the Califia Farms, LLC corporate family. There are 4 companies in the Califia Farms, LLC corporate family. Straight up, spiked, and with coffee? We INSPIRE. New innovations and investments are making the space even more crowded. Califia Farms Raises $225M for Global Expansion. What Should Retailers & Brands Consider When Planning for 2021? We have the stories, the menus, and the incredible cakes! on You can find Califia Farms products in many stores, but we recommend calling ahead to see if it's in stock. 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. The new funding group will take a minority stake in Califia Farms, with representatives from QIA, Temasek and Claridge joining the company's board. 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