Ripple Foods

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Ripple Foods
Private
Industry Dairy alternatives
Founded 2014
Founders Adam Lowry
Neil Renninger
Headquarters Emeryville, California
Areas served
Canada and the United States
Products Pea protein beverage, half & half, Greek-style yogurt
Website ripplefoods.com

Ripple Foods is a California-based brand of pea-protein dairy alternative products.[1][2] The company was founded in 2014 by Adam Lowry and Neil Renninger in Emeryville, California.[3]

In 2017, Ripple Foods entered a deal with natural food distributor United Natural Foods to bring their pea protein beverage to the Canadian market.[4]

Products[edit]

At launch, the company sold original, vanilla, and chocolate pea protein beverage products at Whole Foods Market and Target stores in the United States.[5] The product consists of protein from powdered yellow peas, which have been separated from the plant's taste and color molecules.[6] Single-serve bottles and kid's paper cartons were later introduced.

In July 2017, a pea protein half and half was released in original and vanilla.[7]

A Greek-style yogurt launched in late 2017 and is available in five flavors.[8]

Pea protein based ice cream and cheese products are planned for release in 2018, according to the company.[9]

Funding[edit]

The company started with a $13.6M series A round in order to help fund research and development.[10]

In July 2016, Ripple Foods raised a $30M series B funding round, led by GV.[11]

In early 2018, the company raised a $65 million series C funding round.[12]

References[edit]

  1. ^ "Ripple Foods". Crunchbase. Retrieved 13 December 2017. 
  2. ^ Buhr, Sarah. "Ripple is a Silicon Valley-based startup making milk from peas". TechCrunch. 
  3. ^ Buhr, Sarah (25 May 2016). "Ripple is a Silicon Valley-based startup making milk from peas". TechCrunch. Oath Inc. Retrieved 12 December 2017. 
  4. ^ Watson, Elaine (19 September 2017). "Ripple Foods seeks to disrupt plant-based yogurt category: 'Let's not mince words... some of these products are terrible'". Food Navigator USA. Retrieved 12 December 2017. 
  5. ^ Pipkin, Whitney (19 January 2018). "A Peas Offering For The Dairy Aisle: Can This Milk Alternative Rival The Real Deal?". National Public Radio. Retrieved 6 February 2018. 
  6. ^ Kauffman, Jonathan (29 January 2018). "Meat processors among funders for Bay Area alt-meat industry"Free access subject to limited trial, subscription normally required. San Francisco Chronicle. Retrieved 6 February 2018. 
  7. ^ Peters, Adele (15 June 2017). "Inside The Lab Of The Silicon Valley Startup Making Milk From Peas". Fast Company. Retrieved 12 December 2017. 
  8. ^ Kramer, Jillian (16 June 2017). "Pea Yogurt Could be Coming to a Grocery Store Near You". Food & Wine. Retrieved 12 December 2017. 
  9. ^ Krader, Kate (11 September 2017). "For One Silicon Valley Startup, This Vegetable Is the Future of Milk". Bloomberg News. Retrieved 12 December 2017. 
  10. ^ Clancy, Heather (27 April 2016). "Why Method's co-founder wants you to drink your peas". GreenBiz. Retrieved 12 December 2017. 
  11. ^ Martin, Scott (7 July 2016). "Ripple Foods Bags $30M Led by GV"Paid subscription required. The Wall Street Journal. Retrieved 12 December 2017. 
  12. ^ Troitino, Christina (5 February 2018). "Ripple Foods Raises $65 Million In Funding In A Victory For Plant-Based Milk". Forbes. Retrieved 6 February 2018.