Browsing tag

oat milk

Q+A w/ Benedict Lim of OATSIDE, Asia’s First Full-Stack Oat Milk Startup

3 Mins Read How did OATSIDE become one of Asia’s fastest growing oat milk companies? CEO & creator Benedict Lim talks to Green Queen’s Sonalie Figueiras about why malty milk matters and more. In less than two years, self-described ‘full-stack’ oat milk brand OATSIDE has become a force to be reckoned with on supermarket shelves in over 8 […]

Singapore’s First Oat Milk Brand Closes $65.5 Million Series A

2 Mins Read As Singapore continues its ascent to becoming Asia’s premier vegan destination, its first oat milk brand, Oatside, which launched its products earlier this year, has announced the closing of a $65.5 million Series A fundraise. The new funding was co-led by Temasek Holdings and GGV Capital as well as Arabica International, and existing investors Wee […]

Danone and Green Monday Invest in Barista-Favorite Minor Figures Oat Milk

3 Mins Read U.K.-founded Minor Figures has confirmed that both Danone, through its Manifesto Ventures investment arm, and Hong Kong’s Green Monday have become investors in the oat milk brand. The startup was founded in 2015 to supply barista-quality milk to coffee shops and retail consumers alike and has since expanded into canned ready-to-drink coffee and tea products.  […]

Oatly Warns Of Price Increases Following Supply Chain Shortfalls

3 Mins Read Oatly has announced it is looking outside of its regular oat suppliers, in light of poor harvests. Oat supplies have become strained, requiring the dairy-free milk brand to cast its net further afield for reliable provision. Consumers will bear the cost of the supply chain turbulence, with prices of products already rising. Oatly’s CFO, Christian […]

Carbon Neutral Oat Milk Maker Nude Bags $5 Million Series A To Expand Across Latin America

3 Mins Read Latin America’s (LATAM) first carbon-neutral food company, Nude, has closed a Series A funding round. $5 million was raised by multiple investors, led by Vox Capital and Lever VC. Other notable participants include Endeavor Scale-Up Ventures and Mexico’s Angel Ventures. Funding brings the company’s valuation to $22.5 million. Funding will be used to increase production […]

Oatly to Add 3 New Production Facilities After 2021 Oat Milk Supply Shortages

3 Mins Read Oatly has announced it is scaling up its global production facilities. Three new plants have been announced, with 2023 operational targets. Combined, they are intended to produce 450 million litres of plant milk. Oatly opened three manufacturing facilities this year in Ma’anshan, China, Singapore, and Utah. Despite this, it was at the mercy of contracted […]

Oatly Opens Its First China Factory To Double Down On Asian Market

3 Mins Read Oatly has opened its first factory in China to accelerate growth across Asia.  Oatly has just opened its first factory in China, just months after it established its first Asian production site in Singapore. The Swedish oat milk giant described the new factory in the Eastern Chinese city of Ma’anshan as part of its “wider […]

5 Vegan Oat Milk Chocolate Bars We’re Craving

3 Mins Read Vegan chocolate is seriously taking off, with brands rolling out new plant-based options from left to right. But milk chocolate is a particularly tough nut to crack. The answer, for many companies, is oat milk. We’ve rounded up five of our favourite oat milk chocolate bars, which promise to satisfy all your cravings for something […]

Oatly Shares Tank After Stock Delays and Missed Revenue Target

3 Mins Read Oatly’s stock crushing is a salient reminder that fundamentals matter, even for halo products. Swedish oat milk giant Oatly has seen its shares fall by nearly 20% this week, after news of its lost sales broke and delays in orders were announced. Despite surging demand, the brand missed revenue expectations in its latest quarter and […]

McDonald’s Australia Just Added Oat Milk To McCafé Menus

3 Mins Read McDonald’s Australia has just added a new vegan dairy option to its McCafé menu: oat milk. The popular plant-based milk will be supplied by cult favourite Aussie brand MILKLAB. While many Australian residents have rejoiced at the news of oat milk beverages, some have also criticised the chain for adding a surcharge for the vegan […]

Oatmilk Skyr: Icelandic Provisions Unveils Plant-Based Twist On The Heritage Dairy Product

3 Mins Read Thanks to a collaboration with Iceland’s oldest farmer-owned dairy, Icelandic Provisions has unveiled the world’s first Oatmilk Skyr, a plant-based version of the traditional Icelandic dairy product that has been a traditional food for at least 1,000 years and is similar to Greek yogurt but thicker and with less sugar. U.S.-based Icelandic Provisions have officially […]

Berlin-Based Blue Farm Is Making Oat Milk Even More Sustainable

4 Mins Read Blue Farm, a Berlin-based food tech, has set its sights on stirring up the oat milk market with its even more sustainable product. Its first product, an Oat Base, allows consumers and foodservice to mix their own oat milk right before they consume it, cutting out extra packaging and the carbon emissions from transporting heavy […]

Coca-Cola Launches ‘Simply Oat’ As Oat Milk Records Triple-Digit Sales Growth

3 Mins Read The Coca-Cola Company is expanding its plant-based portfolio with a new oat milk product launched under its Simply brand. The move comes as the entire oat milk category surges to become the second most popular plant-based dairy alternative within just years of its inception, and is now recording triple-digit sales growth.  Coca-Cola is entering the […]