Categories: Business

Eclipse Meals closes Sequence B spherical

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OAKLAND, CALIF. — Eclipse Foods elevated extra than $40 million in a Collection B funding spherical.

The Oakland, Calif.-primarily based startup presents a line of frozen desserts created with plant-centered components, together with corn, potato, oats and cassava. The solutions are made by re-engineering the molecular composition of milk to produce a style and texture that are indistinguishable from dairy, according to the business. Flavors include things like cookie butter, mint chip, caramel butter pecan, vintage vanilla, mango passionfruit and Dark Facet of the Spoon, which combines chocolate, peanut butter cookie dough and fudge chunks.

The brand name also has partnered with culinary professionals to establish a Chef Sequence, showcasing unique flavor mixtures like cocoa black sesame tahini and toasted almond thyme.

Eclipse Foodstuff was co-started in 2019 by Aylon Steinhart, a veteran startup chief and former adviser at The Good Foods Institute, and Thomas Bowman, a food stuff scientist and previous director of products development at Eat Just, Inc.

“With 10 billion individuals to feed by 2050, we identified that world wide diet plans ought to modify,” Mr. Steinhart said. “Consumers want extra than just a dairy choice like almond milk — they want a correct substitute. Our plant-dependent dairy system works by using micelles, the microscopic magic of milk, to generate the substitute products that customers have been craving.”

Stores such as Full Foodstuff Current market, Albertsons, Vons, GoPuff and more now inventory the startup’s dairy-totally free pints. Eclipse Meals also a short while ago partnered with Smashburger to start the restaurant’s initial plant-primarily based menu item. The collaboration marked the initial nationally out there plant-centered milkshake at a rapidly everyday chain, in accordance to the corporation.

Resources from the Series B round will gas enlargement in retail and foodservice, accelerate R&D on the company’s plant-based mostly dairy system and generate brand name awareness, Mr. Steinhart mentioned.

The Series B spherical was led by Sozo Ventures with participation from Forerunner Ventures, Initialized Cash, Gaingels and KBW Ventures. It brings the company’s whole funding to much more than $60 million.

Conny Borja

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