Danone leads $30 million investment round in Harmless Harvest coconut water

Danone Manifesto Ventures, the venture arm of Danone, has taken a stake in Harmless Harvest, a leader in U.S. refrigerated premium coconut water and a Fair for Life certified organic producer. It led a $30 million investment round, alongside Mousse Partners as well as other existing and new shareholders. This investment builds on Danone Manifesto Ventures’ commitment to support companies at the forefront of tomorrow’s food trends.

Harmless Harvest markets fresh organic coconut water, produced through an exclusive micro-filtration process. It has obtained the Fair for Life and Fair Trade certification, which recognizes the company’s sustainable business practices promoting social, agricultural, and environmental progress. Founded in 2010, Harmless Harvest is a leader in the U.S. premium coconut water category.

Harmless Harvest intends to use the investment to support its growth initiatives by increasing and optimizing sustainable production capacity, raising brand awareness, and expanding distribution to meet growing consumer demand for refrigerated premium coconut water.

Press release (pdf)