Elmhurst® 1925, announced the expanded retail distribution of its Unsweetened Milked Almonds™, Unsweetened Milked Oats™, and Unsweetened Milked Cashews™ plant-based milk. The three varieties are now available in 1,855 new select Kroger banners across the US.
MALK Raises $9M in Series B to Become “Cleanest Premium Organic’’ Plant-Based Milk
Plant milk brand MALK Organics reveals it has raised $9M in Series B funding in a round led by investors Benvolio Group and Rotor Capital. The raise brings the company’s total funding to date to $17M. Aiming to become the “cleanest premium organic” dairy-free milk on the market, MALK plans to hire additional executives and increase its marketing spend as it prepares for a new chocolate almond milk and upcoming Publix launch, reports Forbes. “We are extremely bullish about MALK’s growth prospects, because not only is the product highly differentiated in a growing on-trend category, but the seasoned team in place has delivered exceptional results in 2022 and has a strong plan to accelerate future revenue and achieve profitability,” said Sam Frankfort, Managing Partner of …