Investment

Terms of the deal were not disclosed but an April 2016 filing with the Securities and Exchange Commission indicated the company had closed roughly $850,000 of a $1.5 million round. The Portland, Maine-based brand previously raised $1 million in Spring 2016.

Today dairy processor and distributor Dean Foods announced a minority investment in Boulder, Colorado based Good Karma, a producer of flaxseed-based, dairy alternative food and beverage products. Originally a private label manufacturer of dairy-alternative milks, Good Karma developed its own branded CPG line in 2014 and expanded beyond beverages to yogurt in late 2016.

The nutrient-dense meal replacement drinks and powder company has pulled in some Silicon Valley-grade investors, closing out a Series B financing round today with $50 million in funding, led by GV (formerly Google Ventures), bringing the company’s total funding to $74.5 million.

This week Venice Brands, a new consumer-focused VC fund, announced an investment in The Osso Good Company, a producer of frozen bone broths. In addition to putting dry powder behind the bone broth company, the deal marks the first investment for Venice, which was launched in January of this year and is an offshoot of Monogram Capital.

Plant-based products are one of the hottest trends in food and beverage, and investors have taken note. Last week, several funds and venture capital firms came together to back Nutriati, a food technology company whose first products are a chickpea flour and chickpea protein concentrate.

Financing growth takes money. Here is a look at four companies — Love Grown, Kar’s Nuts, Custom Made Meals and Passport Food Group — that have all been acquired or launched strategic partnerships in the last month to further grow and scale their brands.

The San Francisco-based Full Harvest, founded by Christine Moseley, a former head of business development at Organic Avenue, has raised $2.35 million thus far, having brought in $350,000 from The Impact Engine, Astia and Wilson last May.