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Material Impact led a $17m funding round in Ripple Foods.

Synopsis

Material Impact, a venture capital firm investing in science-driven startups, led a $17m funding round in Ripple Foods, a plant-based milk producer, with participation from Rich Products Ventures, S2G Ventures, Prelude Ventures, Fall Line Capital, Euclidean Capital, Tao Capital Partners, and Tim Koogle. "Harnessing the power of our brand and the strength of our team, we are poised to unlock our full potential. We are launching innovative new products, driving consumer penetration and customer expansion, and opening new growth horizons through transformative partnerships and capabilities," Becky O’Grady Ripple Foods CEO.

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MergerLinks - Material Impact led a $17m funding round in Ripple Foods.