Ripple Foods has secured a fresh round of funding as the plant based dairy segment continues to draw investor interest in the United States. The California based company, known for its high protein, allergen free pea milk formulations, has raised 17 million dollars in new capital. The round was led by Material Impact and Rich Products Ventures, with continued backing from existing investors S2G Ventures, Prelude Ventures and Fall Line Capital.
The company has been positioning itself as a science driven alternative to both traditional dairy and the broader nut milk category. Ripple’s proprietary method extracts protein from yellow peas, allowing it to market products with higher protein levels, lower sugar and a cleaner ingredient profile compared with many competing plant based beverages. Industry estimates place the global plant based milk market at more than 25 billion dollars, with pea based formulations accounting for a small but rapidly expanding share.
Alongside the funding, Ripple Foods has appointed Becky O’Grady as its new chief executive officer. O’Grady brings more than two decades of experience from General Mills where she held senior leadership roles including President of Global Haagen Dazs and Chief Marketing Officer for the company’s international operations. Her mandate will involve strengthening Ripple’s retail presence, accelerating product development and sharpening the brand’s positioning in a category that has grown increasingly competitive.
Investors say the capital will be used to deepen manufacturing capabilities, widen distribution channels and support research tied to future product lines in creamers, protein shakes and kids’ nutrition. The company’s leadership believes that consumers are shifting toward plant based dairy not only for environmental reasons but also because the expectations for taste and nutritional value have risen.
Ripple Foods aims to use this momentum to build a more resilient footprint across mainstream grocery and food service channels in the coming year.
