Source: Perishable News

Good Karma: Vegan Flax Milk Brand Buys Back Ownership From Dean Foods

BOULDER, CO — Good Karma Foods, a producer of plant-based milk and dairy alternatives, announced Aug. 24 that it has repurchased majority ownership held by Dean Foods, as well as secured significant new investment from Valor Siren Ventures (VSV), a fund established to act as an innovation engine and market maker in early-stage food, food technology and retail technology. The partnership with VSV will allow Good Karma to accelerate distribution gains in new and existing channels; innovate in a variety of plant-based categories; and expand brand-building and consumer awareness programs. 2x Consumer Products Growth Partners, an existing investor and partner to Good Karma, also participated in the round.

Read full article »
Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
CEO Avatar

CEO

Update CEO

CEO Approval Rating

- -/100

Read more