Dealflow | February 22, 2017

Miyokos Kitchen raises $6 million to expand “alternative dairy” line

The team at


Vegan dairy producer Miyoko’s Kitchen has raised a Series B round backed by private equity fund JMK Consumer Growth Partners, Obvious Ventures and Stray Dog Capital.

The company was founded in 2014 and sells “cheese” and “butter” products in grocery stores across the U.S.

Driven by concerns about obesity and diabetes (and by Instagram), the market for dairy alternatives is expected to reach $20 billion market globally by 2020, up from $8.2 billion in 2014.