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§ Venture Capital · Bakersfield, CA, USA
Produces plant-based beverages including almond milk, oat milk, and coffee drinks, focused on sustainable packaging.
Califia Farms has raised $275.0M across 2 funding rounds.
Key people at Califia Farms.
Califia Farms has raised $275.0M in total across 2 funding rounds.
Los Angeles, California-based Califia Farms manufactures and distributes premium plant-based beverages, including refrigerated almond milk, barista oat milks, juices, and ready-to-drink coffee products. The company sells its health-oriented consumer packaged goods directly through domestic and international retail channels, utilizing sustainable packaging that is fully recyclable. To support its global expansion and product development, the enterprise has secured significant venture capital, raising over $50 million in 2018 and subsequently closing a $225 million Series D funding round in January 2020. Initial seed capital was provided by the agricultural company Sun Pacific, led by Cuties founder Berne Evans, while the current corporate leadership team is headed by chief executive officer David Ritterbush. Califia Farms was officially founded in 2010 by the late Greg Steltenpohl, an industry veteran who had previously co-founded the prominent juice brand Odwalla.
Key people at Califia Farms.
Califia Farms has raised $275.0M across 2 funding rounds. Most recently, it raised $225.0M Series D in January 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 15, 2020 | $225M Series D | — | Ambrosia, Green Monday Ventures, Qatar Investment Authority, Stripes, SUN Pacific, Temasek | Announced |
| Jul 2, 2018 | $50M Venture Round | Serge Schoen | Stripes, SUN Pacific | Announced |
Califia Farms has raised $275.0M in total across 2 funding rounds.
Califia Farms's investors include Ambrosia, Green Monday Ventures, Qatar Investment Authority, Stripes, Sun Pacific, Temasek, Serge Schoen.
