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Miyoko’s Creamery: Closes $52M Series C Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Miyoko’s Creamery: Closes $52M Series C Funding

By Steve Sam

August 4, 2021

Miyoko’s Creamery Closes $52M Series C Funding

Miyoko’s Creamery, a Petaluma, Calif.-based creator of vegan cheese and butter, raised $52M in Series C funding
The round was led by PowerPlant Partners, investing $40M in total, with participation from Cult Capital, Obvious Ventures, Stray Dog, and CPT Capital
The company will use the capital to continue to expand operations and its business reach, advancing both distribution and product innovation
The company creates cheese and butter based on actual plant milk, rather than oil and starch
The products are currently distributed in 30,000 stores nationwide as well as in Canada, South Africa, Hong Kong and Singapore
Established in 2014, The platform is a registered B-Corp

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