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Vegan Pea-Milk Brand Raises $65 Million in Funding

Two-year-old company Ripple Foods has raised a total of $110 million to expand its popular vegan pea-based milk products.

California-based vegan brand Ripple Foods announced this week that it closed a $65 million capital funding round. A number of large investment firms participated in the round, including top financial institution Goldman Sachs. "We are proud to invest in a company that has one of the fastest-growing plant-based product lines," Kathy Elsesser, Goldman Sachs global chair of consumer retail and health-care groups, told Bloomberg. Ripple—which makes plant-based dairy alternatives from its proprietary yellow pea protein Ripptein—debuted at retailers such as Whole Foods Markets and Target in 2016. Last year, Ripple—which has raised $110 million in investment capital to date—launched vegan Greek yogurt, child-friendly vegan milk, and plant-based half & half, and is currently developing vegan ice cream.

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Snack Brand Debuts Vegan Space Ice Cream

Seva Foods' freeze-dried Space Ice Kream is an indulgence for astronauts and land-dwellers alike.
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NYC All-You-Can-Eat Ice Cream Fest Offers Vegan Scoops

Three-day festival Scooper Bowl in Bryant Park will treat guests to ice cream of every variety, including dairy-free scoops from Van Leeuwen, Ben & Jerry's, and Häagen-Dazs.
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Animal Ag Companies Fined $29M for Destroying Amazon

The government of Brazil slapped a hefty fine on feed suppliers to meat and dairy companies that sell to McDonald's, Burger King, and Walmart for destroying the country's biodiverse Cerrado region for profit.
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Moby Retires from Touring to Focus on Activism

…and to make vegan smoothies every morning after waking up in his own bed.
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UK Version of Beyond Burger Expands Across London

British vegan brand Moving Mountains expands its B12 burger to five locations of meat-centric chain Dirty Bones—where it will be served topped with vegan mac and cheese.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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