Laird Superfood Completes $10 Million Growth Investment by Danone Manifesto Ventures
Funds will be used to expand operations and manufacturing, invest in production and amplify go-to-market strategies
Laird Superfood announced closing a $10 million financing round, funded entirely by Danone Manifesto Ventures (DMV) to support its growth initiatives.
Since its launch in 2015, Laird Superfood, creator of plant-based superfood products, has quickly become recognized as a driving force in a consumer movement toward a conscious, healthful and vibrant lifestyle. Through this effort, the company has seen record growth in products, innovations, and with retail partners both online and in stores, leading to its strongest quarter to date.
Laird Superfood will utilize the new capital from DMV to continue to develop new offerings, expand its manufacturing campus in Sisters, Oregon, and grow its platform of clean, high-quality, plant-based products.
DMV, the corporate venture arm of Danone, a global food and beverage company dedicated to bringing health through food to as many people as possible, invests globally in innovative companies further supporting Danone's mission through emerging brands, businesses and capabilities.