Ripple Foods Funding, Investors & Competitors

Hebei Yangyuan Zhihui Beverage Co Ltd is engaged in the research & development, production, and sales of plant protein beverages mainly using walnut kernels as raw materials. The company markets its beverages under the brands Yangyuan and Six Walnuts, offering a range of walnut-based drinks. Its product lineup includes variants such as Boutique Six Walnut Milk, Selected Six Walnut Milk, Refined Research Six Walnut Milk, Zhihui Health Six Walnut Milk, along with other related offerings.

Impossible Foods is a Walnut Creek-headquartered developer of plant-based meat alternatives using legume proteins and heme. The company produces Impossible Burger patties, ground beef, and sausage for retail and foodservice. Available at Burger King, Starbucks, and 30,000 US grocery stores, Impossible Foods partners with Disney parks and Lowes Foods. Founded in 2011, it focuses on recreating meat's taste and texture for climate-friendly proteins.

Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company sells specialty ingredients that include starch-based texturizers and natural alternative sweeteners such as stevia. Ingredion also sells commodity ingredients that include sweeteners, such as high-fructose corn syrup, and starches, such as those used for sustainable packaging, as well as plant-based proteins.

Believer Meats is a Jerusalem-headquartered cellular agriculture company that produces cultivated beef, chicken, lamb, and seafood through scalable bioreactor technology. The firm operates manufacturing facilities in Rehovot, Israel, and Wilson, North Carolina, focusing on distributive biomanufacturing to lower production costs. In 2023, Believer Meats rebranded from Future Meat Technologies and achieved the first ton-scale cultivated meat run globally. It collaborates with partners like Sodexo and Tyson Foods for market entry in Europe and the US. Founded in 2018, the company serves the food industry with animal-free proteins to address sustainability challenges.

Eat Just is a San Francisco-headquartered developer of plant-based foods, best known for JUST Egg, a mung bean protein liquid egg substitute that scrambles, fries, and bakes like chicken eggs. Cholesterol-free and non-GMO, the product uses 93% less land than conventional eggs and is sold in grocery chains worldwide including Walmart and Tesco since its 2018 commercial launch.

Oatside, operated by Float Private Limited, is a Singapore-based oat milk manufacturer that launched Singapore's first oat milk brand in 2022. The company controls its supply chain end to end, from sourcing Australian oats and spring water to in-house manufacturing, and its product line includes oat milk, flavored milk, oat lattes, and ice cream. Oatside sells across Singapore, Malaysia, Indonesia, South Korea, and Taiwan, positioning itself to lead the shift toward plant-based milk in Asia.

Perfect Day is a Berkeley, California-headquartered biotech firm producing animal-free whey and casein proteins identical to dairy counterparts using precision fermentation. Founded in 2014, it partners with Nestlé for ice cream and Mars for chocolate products, scaling production at a 30,000-liter fermenter facility. The proteins appear in Brave Robot ice cream sold nationwide and The urgent Cow milk. Perfect Day's process reduces cow methane emissions equivalent to 379 million gallons of milk annually.

v2food is a Sydney-headquartered developer of plant-based meat alternatives founded in 2019. The company produces vegan chicken fillets, nuggets, and tenders using pea protein and faba bean tech for texture mimicking real poultry. Distributed in 1,000+ Woolworths and Coles supermarkets across Australia, v2food products generate AUD 20 million in annual sales. Backed by Blackbird Ventures and Main Sequence, the firm expanded to schnitzels and mince in 2023, targeting 10% market share in plant-based proteins.

NotCo is a Santiago, Chile-headquartered food technology company producing plant-based alternatives to meat, dairy, milk, and mayo using artificial intelligence to replicate animal product textures and flavors from ingredients like cabbage and pineapple. Its products, including NotBurger and NotMilk, are available in the United States through partnerships with Walmart and major retailers since launching in 2015.

Picnic engineers food production robotics, including the Pizza Production System for commercial kitchens that automates custom pizza assembly from chef-specified ingredients and recipes at high volumes.

Nature's Fynd is a Chicago-headquartered food technology company producing Fy protein from microbes isolated in Yellowstone National Park's geothermal springs. The firm ferments the protein into meat alternatives like Fy Nuggets and Fy Butter using one-tenth the resources of animal agriculture. Nature's Fynd sells products in select U.S. grocery stores and partners with foodservice providers.

GOOD Meat is a San Francisco-headquartered subsidiary of Eat Just producing cultivated chicken from animal cells without slaughter. Approved for sale in Singapore since 2020 and the U.S. in 2023, it supplies restaurants like Eat Just's own outlets. The process grows meat in bioreactors for sustainable protein matching conventional taste and texture.

Hungryroot is a Chicago-based personalized grocery delivery service using AI to recommend groceries, recipes, and meal plans based on user health goals. Launched in 2015, the platform offers branded and proprietary products like Black Bean Brownie Batter, available nationwide in the US. Hungryroot emphasizes sustainability and convenience with predictive technology matching individual dietary needs.

Goldbelly is a New York-based online marketplace shipping gourmet foods from US restaurants nationwide. It connects eateries like Frankie's Pizza and Joe's Kansas City Bar-B-Que with customers for overnight delivery of pizzas, cheesecakes, and regional specialties. Launched in 2013, the platform partners with over 200 iconic producers and handles logistics via UPS Next Day Air. Goldbelly expanded into meal kits and corporate gifting.

Meati is a Boulder, Colorado-headquartered producer of mushroom mycelium-based meat alternatives. Products like Steak, Cutlet, and Crumble replicate chicken and beef textures using whole-food fungi grown in vertical farms. Available in U.S. retailers including Kroger and Whole Foods, Meati scaled production at a Pueblo facility opened in 2022. Founded in 2016 as Emergy Foods.

Founded in 1886, Atlanta-headquartered Coca-Cola is the world’s largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating roughly CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nescafe, Maggi, Nespresso, and Purina. The company employs 270,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans 185 countries.