Roc Nation, China Resources and Rabobank are among the investors in the oat milk brand, which has filed for a $100m offering in the United States.
Sweden-headquartered oat milk brand Oatly filed on Monday to raise up to $100m in a US initial public offering that would represent an exit for talent manager and entertainment agency Roc Nation.
Oatly’s oat milk is sold across some 60,000 retail outlets and in more than 32,000 coffee shops across more than 20 countries, in addition to its online platform. Its formula is based on research at Lund University.
The company has benefitted from customers seeking non-dairy milk alternatives,…