Fenwick represented Ripple Foods, a leader in the plant-based dairy alternative space, in its $60 million Series E financing. The round was led by Rage Capital, Ajax Strategies and S2G Ventures, as well as additional key investors, including OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital and Tao Capital Partners.
Ripple Foods will use the funds to accelerate innovation and growth across product categories and expand into new channels and global markets. More information can be obtained from the company's announcement.
The Fenwick transaction team was led by corporate partner Mark Leahy and included associates Daisy Chen, Joanna Xu and Duey Ho.