Ripple Foods, a developer of vegan substitutes for dairy products, increased its overall funding to $110m with a round featuring existing investor GV.
US-based vegan food developer Ripple Foods raised $65m in series C funding yesterday from investors including GV, a corporate venture capital subsidiary of internet and technology group Alphabet.
The round was led by family office Euclidean Capital and also featured investment banking firm Goldman Sachs, farming and agriculture-focused private equity firm Fall Line Capital, VC fund S2G Ventures and VC firms Prelude Ventures and Khosla Ventures.
Ripple is developing vegan alternatives to dairy food and drinks based on a plant…