Plant-based dairy company to accelerate international growth
Oddlygood Global, a spinoff of Valio, one of Finland's premiere food companies, closed its first round of funding with an investment of $28 million from the private equity division of Helsinki-based Mandatum Asset Management.
Oddlygood develops and markets plant-based products, including oat drinks for coffee, oat yogurts, cheeses and dairy alternatives used in cooking and baking. Known for its Finlandia brand of cheeses and butter in the US, Valio spun off the plant-based division's business earlier this year and will continue as Oddlygood's majority shareholder.