Danone Manifesto Ventures invests $10 million in Laird Superfood

Laird Superfood has closed a $10 million financing round, funded entirely by Danone Manifesto Ventures (DMV), the corporate venture arm of Danone, to support its growth initiatives.

Launched in 2015, Laird Superfood is a maker of plant-based superfood products. The company will utilize the new capital from DMV to continue to develop new offerings, expand its manufacturing campus in Sisters, Ore., and grow its platform of high-quality, plant-based products.

“After thoughtful consideration and developing a strong relationship with the DMV team, we believe they are the best partner to help us deliver the mission and vision of the company,” said Paul Hodge, CEO and co-founder of Laird Superfood, in a press release. “Danone aims to inspire healthier and more sustainable dietary practices around the world, which is perfectly aligned with the vision of our founders.”