Cream of the crop: Almonte s Dairy Distillery lands $4 8M in fresh funding obj.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from obj.ca Daily Mail and Mail on Sunday newspapers.
An Ottawa-area company that’s gaining a loyal following for its spirits made from a milk byproduct has landed $4.8 million in fresh venture capital as it looks to get a taste of the massive U.S. market.
Dairy Distillery recently closed the new investment round led by Ag Capital Canada, a private equity fund based in the southwestern Ontario town of Tillsonburg that s focused primarily on Canadian companies in the agriculture and food sector.
Founded in 2018, Dairy Distillery makes cream liquors and other spirits from milk permeate, the liquid left over after cream, fat and proteins are removed from whole milk.