GV topped up its investment in the plant-based dairy producer, helping it increase its overall funding to over $220m.

Ripple Foods, a US-based producer of plant-derived alternative dairy products, secured $60m in series E funding on Tuesday from investors including GV, a subsidiary of internet and technology group Alphabet.

Rage Capital led the round and was also joined by Prelude Ventures, S2G Ventures, Ajax Strategies, OurCrowd, Euclidean, Fall Line Capital and Tao Capital Partners.

Founded in 2014, Ripple makes dairy alternatives using plants like yellow peas, claiming its products have half the sugar and 50% more calcium than normal…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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