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Blackstone led a $200m funding round for Oatly.

Synopsis

Blackstone led a $200m funding round for Oatly, a vegan food brand. The round was joined by Oprah Winfrey, Roc Nation, Natalie Portman, Howard Schultz, Orkila Capital, China Resources Verlinvest and Rabobank. “Leaders in asset management like Blackstone play an essential role in order to create real sustainable change. It is my belief that capital has to turn green and do so for the right reasons. Since we re-launched our brand in 2013, our focus has been to positively impact society by enabling people to change their lives with better, more environmentally responsible food choices, and in so doing, re-shape the food system to better contribute to the future of the planet. We chose to partner with Blackstone Growth because of their tremendous resources and unique reach. Our new partners’ commitment to supporting us and furthering of our mission is a clear indication of where the world is heading, which is in a new, more sustainable direction,” Toni Petersson, Oatly CEO.

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