Good Karma Foods, Boulder Colorado-based producer of milk and yogurt from flaxseed, has re-bought its ownership after dairy giant Dean Foods filed for bankruptcy. The move comes after an undisclosed investment from the early-stage food fund Valor Siren Ventures, along with their existing investors.
Good Karma Raises Latest Funding Round and Appoints Mike Murray as New CEO
Flax milk producer Good Karma announces it has named Mike Murray as its new Chief Executive Officer as the company raises its latest round of funding. According to Good Karma, Murray brings over 25 years of experience in consumer products, most recently as the leader of Teton Waters Ranch, a beef producer. Murray also previously held senior roles at free2b Foods, So Delicious Dairy Free, WhiteWave Foods Co. and Larabar. At Good Karma, he will help the company pursue strategic distribution growth in new and existing channels, increase brand awareness and targeted household penetration, and introduce new product lines across dayparts. “Compelling opportunity” “I am looking forward to leveraging my experience and passion for galvanizing food system change to help the team bring Good Karma’s …