Miyoko’s Creamery produces artisanal dairy-free cheeses and butter using traditional aging and culturing techniques. The brand has broadened distribution to over 30,000 retail locations across the U.S. and Canada and is also sold in South Africa, Singapore, and Hong Kong. Miyoko’s has pursued product innovation, including a liquid mozzarella launch funded by its prior Series C, and is developing first-to-market vegan cottage cheese. Leadership says it plans to expand marketing and build its innovation team to accelerate product development. The company has a notable 2021 legal victory allowing use of the terms “butter” and “dairy” on its labels. Founded in 2014, the company continues aggressive expansion efforts while raising additional capital. Miyoko’s Creamery is a plant-based dairy company that crafts artisan-quality cheese and butter from fermented plant milks using lactic acid bacteria and enzymes. Its portfolio includes more than 25 plant-milk cheeses and butters, and its European Style Butter was the top-selling plant-based butter in the natural grocery channel by dollar sales (last 52 weeks ending 7/11/2021). Products are distributed in roughly 30,000 retailers nationwide and in Canada, South Africa, Hong Kong and Singapore, with north of 90% ACV penetration in the U.S. natural grocery channel. The company plans to expand distribution into conventional grocery, club and food-service channels as consumer demand for plant-based alternatives grows. On the product side, Miyoko’s will continue innovating, including a new “Liquid” pizza mozzarella and reformulations of Medium Cheddar and Pepper Jack to improve taste and meltability. Established in 2014 and based in Petaluma, California, Miyoko’s is a registered B‑Corp focused on building an animal-free dairy food system. Miyoko's Kitchen is a producer of non-dairy, vegan cheese and butter alternatives founded in 2014 by chef Miyoko Schinner. The company sells products in leading retailers including Whole Foods, Natural Grocers, Wegmans, Raley's and Trader Joe's. Miyoko's emphasizes artisanal, handcrafted product quality and donates 1% of online sales to a different nonprofit each month. The company plans to use the recent financing to complete a new manufacturing facility in Petaluma, CA that will provide 30x current capacity. Proceeds will also support expanded product assortment and distribution capabilities to drive significant growth in the coming years. Miyoko's positions itself at the forefront of the better-for-you, environmental, and animal-friendly food movement.

Total raised

$59M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2022