IRWINE, CALIF. – The Good Culture cottage cheese brand has completed a $ 64 million C-series funding round led by Manna Tree featuring SEMCAP Food & Nutrition and renowned investor Kristen Bell. Funding will support the further growth and development of new products aimed at cultural products.
Founded in 2015, Good Culture offers a line of cottage cheese with a thick and creamy texture without preservatives, gums or artificial ingredients. Offers include organic cottage cheese and low-sugar, lactose-free sour cream made from regenerating milk and grazing milk. Since its launch, Good Culture has become the best-selling brand of cottage cheese in the natural channel and the best brand of natural cottage cheese in regular outlets. The products are sold in more than 10,000 stores.
“In just six years, Good Culture has revolutionized the categories of cottage cheese and sour cream,” said Silvio Peta Neta, director of Manna Tree. “We are excited to add Good Culture to our large and growing portfolio of the best brands for you, such as Health-Ade. At Manna Tree, we are inspired to improve human health through nutrition, and we are confident that we can help Good Culture build on its solid foundation to become a leading brand of cultivated dairy products. ”
Jesse Meryl, co-founder and CEO of Good Culture, said the company will use fresh capital to expand its team, increase marketing efforts and improve production, providing liquidity to early shareholders including CAVU Venture Partners.
“We are evolving from a brand of cottage cheese and sour cream to a company that produces healing cultural products, and this new round of funding will help push our efforts for positive changes in the food system,” said Mr. Meryl. “Expansion and best-in-class innovation will remain the main focus for the company. We will also deepen our commitment to real food and sustainable, renewable agriculture through our 1% partnership for Planet and B-Corp and will continue to build a supply chain on the pasture. ”
SEMCAP Food & Nutrition, a newly established division of Seminal Capital Holdings, has previously invested in the best business for you Purely Elizabeth. The division is headed by managing partner John Haugen, who previously worked in the venture capital division of General Mills 301 INC, the first investor in Good Culture.
“I have worked closely with Jesse and his team over the last six years and have witnessed on their own lips their impressive growth,” Mr Haugen said. “Good culture has created a portfolio of excellent products that are in trend for the modern consumer, and they are leading in their commitment to dairy and restorative agriculture on pasture. This is really in line with SEMCAP’s mission to change humanity for the better, and we believe that fostering the growth of Good Culture is a phenomenal way to positively impact people and the planet. ”