Califia Farms produces a range of oat and almond milk products in addition to coffees, juices and non-dairy snacks. The company is positioned in the dairy-replacement market alongside startups using plant-based ingredients and other novel production methods. It plans to expand its oat-based product suite and launch additional new product lines. Califia also intends to increase production capacity, boost research and development, and pursue geographic expansion with the new funding. The company was founded in 2010. Management frames the opportunity as part of disruption in the more than $1 trillion global dairy and ready-to-drink coffee industry. Califia Farms is a Los Angeles–based plant-powered food and beverage company known for its distinctive curvy bottles and refrigerated nutmilks, non-dairy creamers and ready-to-drink coffees. The company markets products primarily in the Natural and Specialty channels and emphasizes sustainability, health and plant-based innovation. Califia recently launched a line of dairy-free probiotic yogurt drinks and says it will commercialize recent innovations across plant-based milks, non-dairy creamers and cold brew coffees. To support growth it plans to expand company-owned manufacturing capacity in Bakersfield, California and further develop go-to-market capabilities. The company is led by CEO and co-founder Greg Steltenpohl and presents itself as a fast-growing brand on a mission to promote plant-based consumption. Califia Farms is a Los Angeles, CA–based natural beverage and food company co-founded in 2010 by Sun Pacific and Greg Steltenpohl. The company produces plant-based beverages using a Bakersfield, California manufacturing plant that employs artisanal processes. Its product expansion includes Almondmilk Coffee Creamers and Agua Frescas, and it has added flavors such as Vanilla Coconut Almondmilk Horchata and Pumpkin Spice Latte. Califia leverages its manufacturing and distribution footprint to grow its categories and product lines. The company received a $50M minority investment to support deeper production and distribution capabilities, research and development, new hires, and sales and marketing.

Total raised

$325M

Funding rounds

3

Latest round

Series D

Latest activity

Jan 2020