#United States #Emeryville #Plant-based Milk #Ripple Foods #Becky O'Grady

Ripple Foods Secures $17 Million in Funding to Accelerate Growth

Ripple Foods, known for its innovative range of high-protein, allergen-free plant-based milks, has successfully raised $17 million in a recent funding round, demonstrating its robust market potential. This investment comes from notable entities including Material Impact and Rich Products Ventures, along with ongoing support from previous investors such as S2G Ventures and Prelude Ventures.

Ripple's offerings not only deliver impressive nutritional benefits—with up to 20 grams of protein per serving and 50% more calcium than traditional dairy milk—but also cater to those with dietary sensitivities by being free from common allergens like nuts, soy, and lactose. Pediatricians often recommend Ripple's products, making it a popular choice among families looking for healthy alternatives.

The booming market for alternative protein ingredients, valued at $23 billion in 2024 and projected to more than double by 2030, underlines the growing demand for Ripple’s innovative products. Consistent double-digit growth reflects the company’s ability to harness consumer interest and push competitive offerings.

Alongside the new funding, Ripple is excited to announce Becky O'Grady as its new Chief Executive Officer. With over 30 years of experience in the food and consumer products industry, O’Grady has a distinguished career at General Mills, notably leading the Häagen-Dazs brand and revitalizing Yoplait USA. Her familiarity with Ripple, having been a board member for five years, positions her well to facilitate the company’s next growth phase.

“This is a pivotal moment for Ripple,” said O’Grady. “We are launching innovative new products, expanding consumer access, and enhancing our partnerships.” She aims to fortify Ripple Foods' mission in making allergen-free nutrition available to a broader audience while staying committed to sustainability and health.

The funding will support several strategic initiatives aimed at boosting growth:

• - New Product Launches: Ripple is set to introduce a brand new line of organic plant-based milks in early 2026, aimed at meeting the rising consumer demand for healthy, nutrient-dense options over ultra-processed alternatives.
• - Consumer and Customer Expansion: Efforts will be made to enhance the visibility of Ripple’s high-protein offerings, particularly among children, as well as to expand retail distribution.
• - New Partners and Channels: The company plans to penetrate foodservice channels and strengthen alliances with major retail partners like Walmart, Target, and Whole Foods, where it has established a dedicated consumer base.

Melissa Fensterstock from Material Impact commented, “Investing in Ripple Foods is incredibly exciting, especially with Becky leading the charge and a clear roadmap for growth and profitability.”

Ripple Foods’ plant-based products are currently available nationwide in prominent retailers and online at ripplefoods.com. Committed to sustainability, Ripple operates as a Certified Benefit Corporation, emphasizing transparency and the significant impact of even small actions.

This fundraising initiative and O'Grady's appointment herald a transformative period for Ripple Foods as it embraces opportunities to make plant-based nutrition more accessible to families, while fostering a healthier food system overall.

For further details on Ripple Foods and its offerings, check out their engaging social media presence on Instagram and Facebook @ripplefoods.