Nutrition Company PlantBaby Raises $4M in Funding Round with Big Idea Ventures and The Fund LA, Amo – The Durango Herald
Major players in entertainment, sports, and wellness have also joined this round, including actress Daniella Monet, Athletic Greens President and COO Kat Cole, and many more.
KAUAI, Hawaii, June 22, 2022 (SEND2PRESS NEWSWIRE) — PlantBaby, the innovative nutrition company developing a portfolio of the purest plant-based products to support the nutritional journey from infancy through adulthood, announces its cycle $4 million seed funding round, led by Big Idea Ventures and The Fund LA.
The round also welcomed new institutional investors, including Two Culture Cap, Springbank Collective, Western Technology Investment and Niche Capital.
In December 2021, PlantBaby launched its first Kiki Milk product, the first organic plant-based milk designed specifically for children. Kiki Milk is made with a blend of organic whole foods and fortified with nourishing superfoods available in two flavors: Original and Chocolate formulated in partnership with renowned pediatrician Dr. Joel “Gator” Warsh and nutritionist Vicki Kobliner, RD.
It’s made only from nutrient-dense, plant-based, organic whole foods and contains no additives like refined sugars, gums, GMOs, glyphosate, preservatives, protein isolates or tree nuts (except except coconuts). Organic whole foods used to create Kiki Milk include organic oats, organic hemp seeds, organic sprouted pumpkin seeds, and organic coconuts. Each variation is packed with its exclusive blend of superfood powders with nourishing botanicals, like organic Aquamin™, organic bananas, organic blueberries, and organic spinach.
For PlantBaby co-founders Lauren and Alex Abelin, this is the first step towards realizing their vision of creating safe, plant-based food options for children. Six months after the birth of their son Alakai, they had to find him suitable food supplements based on plants, without soy and without dairy products. After researching and feeling dissatisfied with the options available, they sought to create products tailored to his needs as well as the 40% of children with chronic conditions nationwide who need more solutions. healthier than those already on the market.
“Since launching just six months ago, we’ve seen consistent consumer demand,” said co-founder Alex Abelin. “This fundraiser will support the continued research and development of new plant-based culinary innovations and the continued growth of the brand to make PlantBaby itself a vehicle to create positive change for the health and well-being of people. children all over the world.”
“We are thrilled to support the great work done by Lauren, Alex and the rest of the PlantBaby team,” said Tom Mastrobuoni, chief investment officer at Big Idea Ventures. “The non-dairy space is very competitive, but the PlantBaby team has created a unique product that contains cleaner ingredients and appeals to the most valuable consumers of all, our children.”
PlantBaby is a forward-looking nutrition movement developing a portfolio of plant-based, organic and own-brand foods, beverages, formulas and supplements to support children on their nutritional journey from infancy to adulthood. Founded in 2020 in Kauai, Hawaii, PlantBaby is dedicated to restoring harmony to our food and agricultural systems by supporting regenerative agriculture and sourcing climate-friendly crops. PlantBaby is proud to partner with Farmer’s Footprint and Planet FWD, two organizations committed to building a healthier planet Earth.
For more information, visit https://www.plantbaby.co/, https://www.kikimilk.com/ and @kikimilkco.
About Big Idea Ventures:
Big Idea Ventures (BIV), the most active food tech investor in 2021, is solving the world’s biggest challenges by backing the world’s best entrepreneurs, scientists and engineers. BIV develops the most strategic funds globally, delivering significant returns to investors while meeting real-world challenges. BIV focuses on alternative proteins with its New Protein Fund and on the commercialization of academic intellectual property with its Generation Food Rural Partners fund. Find out more: https://bigideaventures.com/.
Annmarie Mercieri Colonna
:: Companies with big ideas
NEWS SOURCE: PlantBaby Inc.
This press release has been issued on behalf of the source of the information (PlantBaby Inc.) which is solely responsible for its accuracy, by Send2Press® Newswire. The information is believed to be accurate but not guaranteed. Story ID: 82779 APDF-R8.6
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