RIYADH: Oakland-based Eclipse Foods has raised over $40 million in its Series B funding round led by Sozo Ventures with participation from Forerunner Ventures, Initialized Capital, Gaingels, and KBW Ventures. To date, the plant-based dairy products firm has raised over $60 million so far, with investors including Prince Khaled bin Alwaleed, the green tech venture capitalist
Eclipse Foods raises $40 million with participation from vegan Prince Khaled bin Alwaleed to transform the dairy industry with its plant-based platform that makes dairy-identical ice cream without the cow.
Coca-Cola maybe be phasing out its Honest Tea line of organic teas, but the company, which was born out of Bethesda Maryland, will be making a comeback.