Leo DiCaprio and Jared Leto invest in Califia Farms 

Celebrities including Leonardo DiCaprio, Jared Leto, Karlie Kloss and Shaun White have become offical stakeholders in plant-based beverage company Califia Farms, which secured more than US$50 million in funding on 31 July.

The Californian-based company recently launched its range of ready-to-drink almond milk and cold brew coffee beverages in Australia, providing consumers with a healthy, plant-powered alternative to traditional beverages.

The new investors comprise a group of actors, musicians, professional athletes and supermodel entrepreneurs who support the values of a plant-based lifestyle.

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According to Roy Morgan, the shift towards plant-based eating across Australia is growing — with one in three people eating vegetarian or actively reducing animal products.

“This round of funding will allow us to further pursue our vision to be the leading plant-powered food and beverage company of the future by investing in our four brand pillars of sustainability, health and wellness, plant-based innovation and engaging consumer experiences,” says Company Founder and CEO, Greg Steltenpohl.

Ambrosia Investments helped lead this round of investment with existing investors Sun Pacific and Stripes Group.

“Serge Schoen and his partners at Ambrosia complement our current investors with global experience in optimising plant-based supply chains and supporting the continued rapid growth of entrepreneurial companies like Califia Farms,” Greg says.

Serge Schoen, Partner and Chairman of Ambrosia Investments, and previously Chairman and CEO of Louis Dreyfus Company, one of the world’s largest agriculture supply chain solution providers, says Califia Farms has achieved remarkable growth in its six years of operation.

“We’re excited about our investment in Califia and are committed to the long-term growth of the company as the brand continues to innovate and introduce products that truly live up to their motto of ‘Something Different, Something Better,’” Serge says.

As part of Califia’s partnership with its shareholders, the brand will also sponsor Jared Leto’s 30 Seconds to Mars Monolith Tour this summer. Show-goers will experience a 90-second video clip introducing Califia’s namesake, Queen Califia, and her inspirational embodiment of the spirit of California, prior to the band’s set, Business Wire reports. 

Los Angeles-based Califia Farms has closed another round of funding that brought in over $50 million.

For more information, visit www.califiafarms.com/pages/australia

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